COMMODITY EXPERTISE AS A TOOL FOR MINIMIZING RISKS IN INTERNATIONAL TRADE

Abstract

International trade contributes to the expansion of product sales markets, the intensification of foreign economic relations and the deepening of integration processes in the global economy. At the same time, the functioning of international trade is accompanied by a high level of uncertainty and various risks, which necessitates their systema-tization and the search for effective mechanisms for minimization. A comprehensive study of the risks that accompany international trade in the conditions of a globalized economy has been conducted, and the role of commodity expertise as a key tool for minimizing them has been identified. The purpose of the article is to substantiate the role of commodity expertise as a key tool for minimizing risks in international trade, which ensures increased efficiency of foreign trade activities and the formation of a preventive risk management mechanism. It is emphasized that international trade ope-rations are characterized by a high level of uncertainty caused by both objective factors (economic instability, currency fluctuations, changes in the regulatory framework) and subjective factors (specificities of interaction between counter-parties, logistics organization, product quality control). A special place is occupied by risks that are directly related to the product, its quality and compliance with established requirements, because they most often become a source of finan-cial losses and reputational problems. In this context, commodity expertise is considered as an effective preventive man-agement mechanism that provides an objective assessment of product properties, confirms its compliance with standards, allows you to identify defects, signs of falsification or errors in labeling. Systematization of risks in a structured form made it possible to outline specific mechanisms for their minimization by means of expertise, which contributes to the transparency of commercial transactions and reduces the likelihood of disputes. It is proven that commodity expertise performs not only a control but also a strategic function, integrating into a comprehensive system of risk management of international trade and ensuring its stability and reliability. Prospects for further research are to develop a unified clas-sification of risks taking into account industry specifics, implement digital technologies to automate expert procedures and assess the effectiveness of preventive mechanisms in the long term.