Exporters' risk perceptions during covid times: a study with Colombian and Brazilian SMEs

Procedia Comput Sci. 2022:210:339-344. doi: 10.1016/j.procs.2022.10.161. Epub 2022 Nov 14.

Abstract

The present study aims to provide an initial highlight on risk perceptions of exporting SMEs from Latin America during the covid-19 pandemic. A sample of Colombian and Brazilian companies was analyzed using 24 scenarios based on 8 risk types: contamination risk, exchange rate risk, trade risks, logistics and operations risks, risk of policy and regulation changes, credit risk, supplier-related risks, buyer-related risks and employee-related risks. Results show significant differences between countries as well as a highly distinction between 2020 and 2021 perceptions of threat, impact, loss, and likelihood.

Keywords: Exporters; Risk management; Risk perception; SMEs.