2016 Trade Finance Gaps, Growth, and Jobs Survey

Publication | August 2016

The ADB trade finance survey quantifies market gaps for trade finance and explores their impact on growth and jobs.

The inability of financial institutions to provide $1.6 trillion to support buyers and sellers of goods across countries resulted in forgone growth and job creation in 2015. Developing Asia’s share of the global trade finance gap was $692 billion.

The 2016 survey also introduced new detail about the impact of financial technology on market gaps, and how woman-led firms are impacted by unmet demand.

Key Points

  • The estimated global trade finance gap is $1.6 trillion.
  • $692 billion of the gap is in developing Asia (including India and the People’s Republic of China).
  • 56% of SME trade finance proposals are rejected, while large corporates face rejection rates of 34% and multinational corporations are rejected only 10% of the time.
  • Firms report that 25% more trade finance would enable them to hire 20% more people.
  • Woman-owned firms face higher than average rejection rates.
  • 70% of surveyed firms are unfamiliar with digital finance, uptake rates highest in peer-to-peer lending.

Additional Details

Authors
Type
Series
Subjects
  • Industry and trade
  • Private sector development
  • Trade finance
  • Regional cooperation and integration
Pages
  • 5
Dimensions
  • 8.5 x 11
SKU
  • ABF168374-2
ISBN
  • 978-92-9257-567-0 (Print)
  • 978-92-9257-568-7 (e-ISBN)
ISSN
  • 2071-720 (Print)
  • 2218-2675 (e-ISSN)

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