Global trade is a vital artery to economic growth. IFC's Global Trade Finance Program currently includes more than 45 issuing banks, covers 18 countries in Latin America and the Caribbean, and represents a total of $826 million in approved trade lines.
The most active banks are in Argentina, Brazil, Guatemala, Honduras, and Uruguay. Transactions commonly average $1.2 million for pre-export and import financing, supporting mainly agribusiness and infrastructure industries. Despite recent capital flow constrictions, IFC remains committed to keeping trade finance alive for small and medium enterprises (SMEs) in the region.