ECAs play a critical role in promoting and shoring up international trade flows, particularly during times of upheaval and economic stress.
In 2023, Mexico overtook China as the United States’ largest goods exporter, based on recent trade figures. The Bureau of Economic Analysis, an agency of the US government, reported that… read more →
Learn about SBLCs: an irrevocable, independent financial security instrument to protect your investments and liabilities.
Discover why export-led growth may not be beneficial for all nations, and what four factors contribute to slowing internal growth.
In October, the eurozone shifted from a trade deficit to a surplus, according to the latest non-adjusted figures released on Friday. This change was largely due to a decrease in the value of energy imports compared to the previous year.
In 2023, UK exports in whisky and gin saw a 13% growth, reaching £9.4 billion. This increase is largely driven by young professionals who are opting for high-end brands to demonstrate “status and success”.
Today, at its annual conference, UK Export Finance (UKEF) announced the introduction of more flexible, fast-track financing for SMEs, aiming to facilitate easier access to international markets for UK firms.… read more →
The United Kingdom and South Korea are set to begin discussions on a new, comprehensive trade deal aimed at amplifying bilateral trade. South Korea, the world’s 13th largest economy, is… read more →
2022 insurance highlights Trade credit insurance has been pivotal in risk management for businesses, notably in mitigating the risk of unpaid invoices, a major concern affecting business continuity. A closer… read more →
The ICC’s Trade Finance Register has been released, reporting a small increase in default rates across documentary trade and open account products, whilst highlighting still, the low-risk nature of the asset class.
