Research On Risk Management Of Import And Export Trade Of Liaoning HS International Trade Company

How to prevent trade risks has become the primary problem to be solved in international trade.If enterprises want to participate in international trade better,they must pay attention to risk management of international trade.If there are problems in international trade risk management,it may lead to serious losses of enterprises,or even bankruptcy of enterprises.Therefore,foreign trade enterprises must improve the level of risk management and awareness,open up new channels for avoiding risks,and deal with risks to the maximum extent.This paper discusses the risk management of export trade of Liaoning HS International Trade Company,which is a representative export enterprise in China,on the basis of studying the relevant theories of international trade risk management.The main work of this paper is reflected in the following three aspects:(1)This paper analyzes he general situation,main export business and operating status of Liaoning HS International Trade Corporation’s export trading company systematically,and the process of purchasing business by HS International Trade Company is decomposed by qualitative research method.Then the interview results are discussed statistically,and the most important risk factors affecting the operation of the project are found,the specific causes of the risk are analyzed,finally the severity of the risk is determined.(2)Based on the basic information,the risk index system is established to further obtain the risk analysis model.The identified risk factors in the enterprise are analyzed and evaluated,the risk factor is calculated,and the most critical risk factors and the most important business process links are identified according to the importance.(3)On the basis of the analysis of the assessment in Liaoning HS International Trade Corporation,the strategy of risk management is formulated,the risk acceptance strategy is adopted for the planning risk in the decision-making stage,the risk reduction strategy is adopted for the progress risk in the implementation stage,the risk reduction and risk avoidance strategy is adopted,and the corresponding risk monitoring and safeguard measures are formulated.In this paper,risk identification and risk assessment are carried out on Liaoning HS International Trade Company’s export trade,risk response strategies and measures are formulated,and risk monitoring is carried out on the project in real time.The conclusion of this paper will provide decision-making reference for Liaoning HS International Trade Company’s export trade risk management in the future.