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There are generally many risks and challenges involved with exporting your product or service. Some of these risks include: 

Country risk - refers to risks of changes in the business environment that would have an adverse affect on your company's operations, profits or assets value in a particular country. It includes risks of political stability, legal systems, economic conditions, cultural environment, and expropriation, restriction of operations or on remittance of profits.  

Credit risk or financial risk - refers to risks of non-payment, late payment or even fraud by foreign buyers. These risks may result either from the difficulty in verifying buyer's creditworthiness and reputation due to larger distances between trading parties or the payment options available for international trade.

Foreign currency and exchange rate risk - occurs due to the uncertainty of the future value of a currency. It is the risk that a business' operations or an export value will be affected by changes in exchange rates or the fluctuation of a currency value.

Transportation and logistics risks - transportation risk refer to risks of transferring goods from one country to another. Such risks may include theft; damage of goods while transporting and possibly the goods not even arriving. On the other hand, logistics risks relate to risks of international logistics, in particular the contract of carriage. This carriage contract is drawn up between a shipper and a carrier (i.e. transport operator) and largely depends on Incoterms 2010.

Other risks - Exporting deals with more complex documentation and administration, protection of intellectual property and geographical remoteness from markets and customers compared to operating domestically.^[1]