Managing Incoterms^® 2020 export risks
by Roberto Bergami; Lucie Tichá
International Journal of Economics and Business Research (IJEBR), Vol. 23, No. 2, 2022

Abstract: Delivery of goods across international boundaries is an important consideration for any export sales contract. To assist international traders, the International Chamber of Commerce (ICC) published a new set of delivery terms - Incoterms^® 2020, effective 1 January 2020. Using a practical approach, this paper considers the main Incoterms^® 2020 rules through a risk management lens, highlighting major challenges and offering potential risk mitigation strategies to reduce exporter exposure in international sales contracts. The paper concludes that the exporting firm should adopt an enterprise risk management (ERM) approach to effectively minimise the risks associated with the physical delivery of export consignments.

Online publication date: Mon, 31-Jan-2022

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economics and Business Research (IJEBR):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com