Trade Finance Market (Updated Version Available)

Trade finance signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade.

While a seller (or exporter) can require the purchaser (an importer) to prepay for goods shipped, the purchaser (importer) may wish to reduce risk by requiring the seller to document the goods that have been shipped. Banks may assist by providing various forms of support. For example, the importer's bank may provide a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of certain documents, such as a bill of lading. The exporter's bank may make a loan (by advancing funds) to the exporter on the basis of the export contract.

Trade finance relates to the process of financing certain activities related to commerce and international trade. Trade finance includes such activities as lending, issuing letters of credit, factoring, export credit and insurance. Companies involved with trade finance include importers and exporters, banks and financiers, insurers and export credit agencies, and other service providers.
Modernization and globalization of trade projects has led to the increasing demand for trade finance. Increasing trade projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the steel rebar market during the forecast period.
With increased focus on global trade, the trade finance market is likely to witness a strong growth in coming years.

The report offers detailed coverage of Trade Finance industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Trade Finance by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Trade Finance market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Trade Finance market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Citigroup Inc
BNP Paribas
ICBC
China Exim Bank
JPMorgan Chase & Co
Mizuho Financial Group
MUFG
Commerzbank
Bank of Communication
Credit Agricole
Standard Chartered
HSBC
ANZ
Afreximbank
Export-Import Bank of India
AlAhli Bank
EBRD

At the same time, we classify Trade Finance according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Letters of Credit
Guarantees
Documentary Collection
Other
Market by Application
Finance
Energy
Power Generation
Transport
Renewables
Metals & Non Metallic Minerals
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Trade Finance market for the forecast period 2021 - 2027?
• What are the driving forces in the Trade Finance market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Trade Finance industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?