Trade finance flows drop
Apr 20, 2012
Global trade flow deal volume falls in 2012
Global trade flow volumes have declined in 2012, dwindling to $37.7 billion and registering 217 deals in the year. This is down from $40.5 billion and 593 deals recorded in 2011.
Global trade flow business (which encompasses short-term facilities including letters of credit, bank guarantee facilities, and documentary credits) volume fell to $37.7 billion and registered 217 deals in 2012, down from $40.5 billion and 593 deals in 2011, according to data from Dealogic.
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