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Asia Pacific Trade Finance Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Asia Pacific Trade Finance Market- (By Offering- Supply Chain Finance, Letters of Credit (LoCs), Bonds/ Guarantees/ IndeBnities, Trade Loans and Other Services; By Provider Type- Banks, Trade Finance Houses and Others; By Application- Domestic Trade and International Trade; By End User- Traders, Importers and Exporters; and By Country) - Industry Dynamics, Market Size and Opportunity Forecast, 2030

  • Published On: 10-May-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0522230
    Delivery: 2 to 4 Hours


Trade finance signifies financing for trade, that is used by traders, buyers, sellers, manufactures, importers, and exporters which concerns both domestic and international trade transactions.

Trade finance includes issuing letters of credit (LCs), receivables & invoice finance, credit agency, export finance, bank guarantees and insurance.

Flexibility, convenience, security and transaction flow are the benefits of trade financing as it facilitates easy way to arrange short-term finance.

Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade in order to help diminish the risks and allow transactions to go smoothly for buyers and sellers worldwide.

Due to COVID-19 pandemic, the international trade has been affected by a reduction in the supply of trade finance. Also, during this phase, the demand for trade was reduced due to lockdowns and several government restrictions. 

The Asia Pacific trade finance market is estimated to expand at a CAGR of 5.8% during the forecast period. 

The Asia Pacific trade finance market was valued at US$ 3,444.3 Billion in 2021.  

The collaboration between government and international institutions for development of digital infrastructure provides a lucrative growth opportunity in the Asia Pacific trade finance market. 

Factors such as rapid expansion of BFSI sector in Asia Pacific region and policy reforms for better integration of SMEs in trade financing will boost the Asia Pacific trade finance market during the forecast period.

Heavy use paperwork and documentation in transactions is a restraining factor which inhibits the growth of the market during the forecast period. 

The banks segment is expected to project the highest CAGR over the forecast period in the Asia Pacific trade finance market.

Offering, provider type, application and end user are the different segments of the Asia Pacific trade finance market.

Adoption of sustainable trade finance provides a lucrative growth trend in the Asia Pacific trade finance market.

The key players operating in the market include Asian Development Bank, Banco Santander, S.A., Bank of America Corporation, Standard Chartered plc, BNP Paribas S.A., Citigroup Inc., Crédit Agricole Group and Goldman Sachs Group, Inc. among others.