A short guide to customs risk

The historic growth in world trade, large containerships and information technology have triggered profound changes in international trade. A few years ago, Customs officers at the border were meticulously checking goods and documents before releasing a shipment to the trader. A business could be confident that a shipment that had cleared Customs complied with all applicable regulations. Today, to reduce congestion and give the trade quick access to their goods, Customs have introduced risk management principles and a large number of shipments clear Customs automatically. Controls have moved f