Financiamiento comercial

Cambodia, the Lao People’s Democratic Republic and Viet Nam – the so-called Mekong-3 - have experienced rapid trade growth over the last ten years. However, growth could be boosted even further by improving access to trade finance, such as loans and guarantees, for locally owned businesses seeking to trade globally. This publication presents the results of two surveys undertaken by the IFC to determine the level of trade finance available to busin Read More

The bank survey contains information on the costs of trade finance, the share of trade covered by trade finance and the trade finance gap. This information is used to generate projections of the trade effects of changes in the price and availability of trade finance. The WTO Global Trade Model (GTM), a computable general equilibrium model, is used to simulate the effects of changes in trade costs because of changes in the price and availability of Read More

The Mekong-3 – Cambodia, the Lao People’s Democratic Republic (PDR) and Viet Nam – are deepening their trade integration, increasing the volume and value of their exports and strengthening their participation in global value chains (GVCs). This expansion of opportunities for new traders in new markets generates expectations of growing demand for trade finance in the coming years.

This publication is the result of a joint effort of the IFC and the WTO and was prepared under the guidance of Susan Lund, Vice President of Economics at the IFC, and Ralph Ossa, Chief Economist of the WTO. Nathalie Louat and Denis Medvedev of the IFC and Marc Auboin of the WTO provided leadership for the research. Marcio Cruz, Maty Konte, Francesca de Nicola, Alexandros Ragoussis and Trang Thu Tran of the IFC and Eddy Bekkers and Alexei Timofti Read More

The expansion of trade depends on reliable, adequate and cost-effective sources of trade financing, which help to fill the time gap during which goods are produced, shipped and paid for. Trade finance is routinely supplied to exporters and importers by banks and other financial intermediaries, which mitigate the financial and payment risk involved in crossborder trade. While developed countries can often rely upon large and advanced economic sectors mo Read More

In 2017, an IFC report1 pinpointed the reductions in the network officorrespondent banks in emerging markets. In emerging markets, correspondentfibanking stress and compliance challenges drove some respondent banksfito retrench their own businesses. At the time, the trade finance gap wasfiestimated at around US$1.5 trillion.2 It has likely widened since.

Up to 80 per cent of trade is financed by credit or credit insurance but availability of finance varies across regions. A lack of trade finance is a significant barrier to trade, particularly (but not exclusively) in developing countries.