Q&A: Nathalie Louat, global director, trade and supply chain finance, IFC
The global trade finance gap is widening due to geopolitical disruptions, supply chain shifts and de-risking, among other factors. This is impacting SMEs in emerging markets, but there are opportunities to close it.
Figures revealed by the Asian Development Bank (ADB) in September 2023 suggested a trade finance gap totalling $2.5 trillion around the globe. The gap, which gauges the unmet demand from importers and exporters for trade finance facilities, has been continuing to widen from $1.7 trillion recorded back in 2020.
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