Global Trade Finance Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Trade Finance Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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.

Other forms of trade finance can include documentary collection, trade credit insurance, finetrading, factoring or forfaiting. Some forms are specifically designed to supplement traditional financing.

Secure trade finance depends on verifiable and secure tracking of physical risks and events in the chain between exporter and importer. The advent of new information and communication technologies allows the development of risk mitigation models which have developed into advance finance models. This allows very low risk of advance payment given to the Exporter, while preserving the Importer"s normal payment credit terms and without burdening the importer"s balance sheet. As trade transactions become more flexible and increase in volume, demand for these technologies has grown.

According to our (Global Info Research) latest study, the global Trade Finance market size was valued at US$ 8729260 million in 2023 and is forecast to a readjusted size of USD 12459320 million by 2030 with a CAGR of 5.3% during review period.

Global key players of trade finance include BNP Paribasm, Bank of China, etc. Global top 3 companies hold a share over 10%. Europe is the largest market, with a share about 40%, followed by Asia Pacific and North America with the share about 30% and 20%. In terms of product, letters of credit is the largest segment, with a share over 40%. And in terms of application, the largest application is energy industry, with a share about 30%.

This report is a detailed and comprehensive analysis for global Trade Finance market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Trade Finance market size and forecasts, in consumption value ($ Million), 2019-2030

Global Trade Finance market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global Trade Finance market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global Trade Finance market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Trade Finance

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Trade Finance market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BNP Paribas, Bank of China, Citigroup Inc, China Exim Bank, ICBC, JPMorgan Chase & Co, Mizuho Financial Group, Standard Chartered, MUFG, Sumitomo Mitsui Banking Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Trade Finance market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

Trade Finance market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Guarantees
Letters of Credit
Documentary Collection
Supply Chain Financing
Factoring

Market segment by Application
Machinery
Energy
Food and Consumer
Transport
Chemical
Metals & Non Metallic Minerals
Others

Market segment by players, this report covers
BNP Paribas
Bank of China
Citigroup Inc
China Exim Bank
ICBC
JPMorgan Chase & Co
Mizuho Financial Group
Standard Chartered
MUFG
Sumitomo Mitsui Banking Corporation
Credit Agricole
Commerzbank
HSBC
Riyad Bank
Saudi British Bank
ANZ
EBRD
Japan Exim Bank
Banque Saudi Fransi
Afreximbank
AlAhli Bank
Export-Import Bank of India

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Trade Finance product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Trade Finance, with revenue, gross margin, and global market share of Trade Finance from 2019 to 2024.

Chapter 3, the Trade Finance competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Trade Finance market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Trade Finance.

Chapter 13, to describe Trade Finance research findings and conclusion.