Trade Finance and SMEs: Bridging the gaps in provision.

WTO publications on MSMEs



The availability of finance is essential for a healthy trading system. Today, up to 80 per cent of global trade is supported by some sort of financing or credit insurance. However, there are significant gaps in provision and therefore many companies cannot access the financial tools they need.

Following the 2008-09 economic crisis, small and medium-sized enterprises (SMEs) have found it increasingly difficult to access this vital form of credit. The poorer the country, the greater the challenge. The lack of adequate trade finance is particularly acute in Africa and developing Asia.

This publication provides a set of recommendations for addressing the gap in trade finance provision. This includes bolstering existing trade finance programmes, enhancing the trading capacity of developing countries and improving communication between all parties involved in trade finance.

This report discusses the challenges faced by MSMEs in accessing trade finance and provides a set of recommendations for addressing the gap in trade finance provision, with a view to enhancing the trading capacity of MSMEs in developing countries

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