IDEAS home Printed from https://ideas.repec.org/a/ids/ijecbr/v23y2022i2p255-273.html
   My bibliography  Save this article

Managing Incoterms ® 2020 export risks

Author

Listed:
  • Roberto Bergami
  • Lucie Tichá

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.

Suggested Citation

  • Roberto Bergami & Lucie Tichá, 2022. "Managing Incoterms ® 2020 export risks," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 23(2), pages 255-273.
    • Handle: RePEc:ids:ijecbr:v:23:y:2022:i:2:p:255-273
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=120651
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijecbr:v:23:y:2022:i:2:p:255-273. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=310 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.