Teresa Holmes

Hi Lina, I am Import/Export Specialist for more than 7 years and from my personal work experience, I can tell you that there will always be some risks when we talk about import-export process.One of the most unpredictable risks are the political ones and I remember we had to deal with them not just once. In one of those cases, a revolution started in the country from which we wanted to export goods, and as a result, our products had been damaged. We had to return them and wait another period of time to get them safely shipped.Additionally, our export business was affected by currency risks. This refers to currency fluctuations and is very difficult to predict such risks.Another unpredictable risk for us was the force majeure risk. It came unexpected together with the storm in the country from which we were about to export our already paid goods.Now that you are aware of the risks of exporting, I hope you can get prepared to face the unpredictable ones and hopefully to prevent some.