export credit

Export credit refers to financial support provided by governments or financial institutions to encourage domestic businesses to sell their products and services overseas. This can include loans, guarantees, or insurance that reduces the risk for exporters, making it easier for them to enter new markets. By facilitating financing and protecting against potential losses from international sales, export credit helps boost a country's exporting activity, supports economic growth, and enhances competitiveness globally. Essentially, it's a tool that helps businesses navigate the complexities of selling internationally.