Our import trade cycle shows the typical stages in international trade.
When you source goods and services outside the UK, you may be exposed to risks at any stage in the trade cycle, like loss in transit or late delivery of goods, or changes in the exchange rate.
Understanding your trade cycle can help identify the different types of risk at each stage.
Choose a stage in the typical trade cycle to see what risks you may find:
Changes in currency exchange rates can increase the cost of your imports and affect your cash flow and profitability.