Risks in international trade

[edit] Economic risks
Risk of insolvency of the buyer,
Risk of protracted default - the failure of the buyer to pay the amount due within six months after the due date
Risk of non-acceptance
Surrendering economic sovereignty
Risk of exchange rate
Susceptibility to changing standards & regulations within other countries

[edit] Political risks
Risk of cancellation or non-renewal of export or import licenses
War risks
Risk of expropriation or confiscation of the importer's company
Risk of the imposition of an import ban after the shipment of the goods
Transfer risk - imposition of exchange controls by the importer's country or foreign currency shortages
Surrendering political sovereignty
Influence of political parties in importer's company
Relations with other countries