This issue of Trade Finance Talks explores the challenges and opportunities in the current global trade landscape, particularly for SMEs. It highlights how inflation has surged to 2008 levels, causing businesses to struggle with increased costs and reduced demand. The issue also examines the ongoing impact of port congestion and rising freight costs, which have exacerbated supply chain disruptions. It highlights the role of Environmental, Social, and Governance (ESG) factors in trade, emphasising the need for businesses to incorporate sustainability measures while avoiding greenwashing. Additionally, the issue discusses the complexities of SME trade finance, noting a growing interest among smaller businesses in using trade finance products despite historical challenges with lender support.