Question

There is always a risk in importing manufactured goods from developing countries. Many a times a lot is rejected because the quality of imported goods does not match the specifications. In such problems between importer and exporter, who is taking a risk of loss?

Answer 1

Many a times a lot is rejected because the quality of imported goods does not match the specifications. In such problems between importer and exporter, the exporter is at the risk of loss.

The major threat in rejection of import goods frdeveloping countries are especially the  poor quality of goods. Hence for avoiding any rejection by the overseas buyer, one need to be very strict in terms quality. If the quality of imported goods don’t meet  the quality aspects and specifications of buyer, the exporter  is responsible for the risk.

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