UK and China: State of the Global Supply Chain Finance Market

Trade Finance Global / Supply Chain Finance | 2023 Supply Chain Finance (SCF) Guide / UK and China: State of the Global Supply Chain Finance Market

Welcome to our Supply Chain Finance hub, showcasing China – UK Trade Research on Supply Chain Finance Market

A global view on supply chain volumes shows that most (65.8%) come from cross border sales orders rather than domestic orders, and recent forecasts expected a growth of 1.1%. Leading markets are Hong Kong and Singapore each having over 90% of their supply chain volume in cross border sale orders, and closely following are Germany and the UK each with over 70%. China had the smallest volume with cross-border markets amount to 36.1% indicating its autarky in today’s globalised world.




Graphs – UK China SCF Outlook

Trade Corridors and Provider Capabilities (% of business and rating scores)

Trade Corridors and Provider Capabilities (% of business and rating scores)


Key Tools Needed For Supplier Onboarding (% of business)

Key Tools Needed For Supplier Onboarding (% of business)


Most Important Things SCF partners Do not Provide (% of business)

Most Important Things SCF partners Do not Provide (% of business)

Top Provider for Supply Chain Financing (% of Business)

Top Provider for Supply Chain Financing (% of Business)

Finance Market



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Articles

27Sep

Lloyds Bank report highlights transformational changes in UK trade

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Lloyds Bank published its “Trade Insights: The changing face of UK trade” report, offering a comprehensive analysis of the evolving... Read More →
26Sep

CargoX and Enigio collaborate with Lloyds Bank and ICC C4DTI to create blockchain interoperability for electronic trade documents

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Both CargoX and Enigio, who operate as independent providers of electronic trade document solutions, have jointly engineered and successfully demonstrated... Read More →
20Sep

Finastra inks Microsoft agreement to enhance trade platform modernisation

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Finastra today announced a multi-year global agreement with Microsoft focused on trade platform modernisation, building on the existing availability of Finastra... Read More →
18Sep

Cash is king, and helping suppliers may be in buyers’ best interest

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High-interest rates and elevated inflation are pressing suppliers to reduce their cash-conversion cycles... Read More →
18Sep

Bank of America advances digital transformation in trade finance with CashPro Supply Chain Solutions

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Bank of America is embarking on a multi-year initiative to digitise trade finance through its new platform, CashPro Supply Chain... Read More →
18Sep

TFG Weekly Trade Briefing, 18th September 2023

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Your Monday morning coffee briefing from TFG, 18th September 2023.... Read More →
11Sep

Interoperability: The way forward to develop digital trade!

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Over the last couple of years, we have seen an escalating development of digitalising trade. Fuelled by the obvious benefits,... Read More →
11Sep

PODCAST | How to prepare for Sibos 2023 – Updates from Swift

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In this episode of Trade Finance Talks, TFG’s Deepesh Patel was joined by Shirish Wadivkar, Global Head - Wholesale Payments... Read More →

Contributions

Lloyds Bank report highlights transformational changes in UK trade

27th September 2023 / 0 Comments

CargoX and Enigio collaborate with Lloyds Bank and ICC C4DTI to create blockchain interoperability for electronic trade documents

26th September 2023 / 0 Comments

Finastra inks Microsoft agreement to enhance trade platform modernisation

20th September 2023 / 0 Comments

Cash is king, and helping suppliers may be in buyers’ best interest

18th September 2023 / 0 Comments

About the Author

Deepesh Patel is Editorial Director at Trade Finance Global (TFG). In this role, Deepesh leads efforts in developing TFG’s brand, relationships and strategic direction in key markets, including the UK, US, Singapore, Dubai and Hong Kong.

Deepesh regularly chairs and speaks at international industry events with the WTO, BCR, Excred, TXF, The Economist and Reuters, as well as industry associations including ICC, FCI, ITFA, ICISA and BAFT.

Deepesh is the host of the ‘Trade Finance Talks’ podcast and ‘Trade Finance Talks TV’. He is co-author of ‘Blockchain for Trade: A Reality Check’ with the ICC and the WTO, alongside other industry research.

In addition to his work at TFG, Deepesh is a Strategic Advisor for WOA, and works closely with ITFA. He also sits on the Fintech Working Group of the Standardised Trust.

Prior to TFG, Deepesh worked at Travelex where he was responsible for the cards business and the Travelex Money app in Europe, NAM, UK and Brazil. Deepesh is Chair of Governors and co-opted LA Governor of the Wyvern Federation, which has responsibility for 5 primary schools in South London.

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