Today, many exporters – large, medium, and small — struggle to secure the financing they need to compete internationally. Often, companies find themselves in a position where private financing alone is not an option.
With the disruption of the global value chains stemming from COVID-19 and the war in Ukraine, Central and Eastern European (CEE) trades are finding themselves in a new business reality. While trade with East Asia is a well-established import region, new primary export destinations are emerging for exporters in Central and Eastern Europe (CEE). With the Russian full-scale invasion of Ukraine, the main export markets outside the EU for the CEE companies, Russia, Ukraine and Belarus, were closed or significantly constrained.
A new report by Lloyds Bank shows that UK businesses have an opportunity to flourish through exporting.
For over 65 years, Export Finance Australia (EFA) has been helping businesses take on the world. Over this long history, we have gained a unique perspective on the challenges faced by exporters, and how finance can help address them.
28 November 2022
Your Monday morning coffee briefing from TFG
We currently live in uncertain times, both geopolitically, and from a macroeconomic perspective. TFG asked two risk management experts for their take on how businesses can navigate through this period of economic volatility.
Over three-quarters of merchandise exports by the least-developed countries (LDCs) are primary goods.
This places them at a disadvantage in international trade since manufactured goods have a higher value than primary goods.