It is worth observing that in the context of customs administration, risk management plays a crucial role in coordinating activities to direct and control risk that help customs officials for addressing the problem of limited resources, increased trade volume, and the need for prompt clearance. However, it is also worth highlighting that customs risk management framework needs to be dynamically improved to meet the changes in global value chain. This study analyzed the successful experiences in

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... area of risk management, as well as important international documents, recommended by World Customs Organization and proposed a cutting-edge approach of customs risk management framework, in accordance with the importance of risk management in the process of trade facilitation and customs procedures.