EXIM Bank is an independent federal agency that supports
American job growth by equipping U.S. businesses with the
financing tools they need to succeed on the global stage.
THE GLOBAL EXPORT LANDSCAPE
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For decades,100% of government export financing
fell under the responsible lending and transparency
standards of the Organisation for Economic
Cooperation and Development (OECD).
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Between 1999 and 2014, that share fell from 100% to
just over one-third.
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As more and more countries introduce new ECA
financing programs that do not follow the OECD
lending guidelines, the world risks a financing race to
the bottom.
KEEPING AMERICA COMPETITIVE
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EXIM provides responsible, rules-based financing
to U.S. exporters so they have an opportunity
to compete on their merits in the global
marketplace.
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EXIM Bank authorized $12 billion in mediumand
long-term official export support in 2014, all
of which fell under the OECD Arrangement.
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Korea’s trade-related official support was more
than double that of the U.S. in 2014, despite the
fact that the U.S. economy is eleven times larger
than the Korean economy.
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Just one of China’s ECAs has provided more
financing to Chinese exporters in the last two
years than EXIM has provided to U.S. exporters in
its 81-year history.
85
ECAs around the world
competing aggressively on
behalf of their exporters.
40%
China’s export credit
financing growth in 2014,
while the rest of the world
remained flat.
34%
of official financing follows
OECD lending and transparency
rules—down from 100%
just 16 years ago.