ICC Global Survey on Trade Finance

In line with recent market developments and trade finance supports, ICC is proposing to develop further its market intelligence function to become the No.1 reputable and reliable provider of key analysis for the industry.

ICC Survey 2013 Available Now


ICC Global Survey 2013 - Download

We strongly believe that the creation of sustained value and trajectory growth from this project is far reaching not only in key international fore but to all relevant financial institutions, corporations and their clients in the business world.

The ICC Global Surveys came into existence when the World Trade Organization (WTO) asked ICC to provide data for the G-20 meeting of world leaders at their first economic Summit, held in 2008.

From 2009, with contributions from its partners and under the direction of the Market Intelligence Working Group, the surveys have provided leaders with independent, accurate and in-depth analysis of trends in trade finance to keep them at the forefront of industry knowledge.

In cooperation with the World Bank, the Asian Development Bank (ADB), SWIFT, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC), the Marketing Intelligence Working Group of the ICC Banking Commission has published annual Global Surveys on Trade & Finance since 2009 and has continued to do so ever since.

Together, let’s rethink trade and finance.

Our 2013 Report

ICC Global Survey 2013 Cover

Entitled 'Rethinking Trade and Finance – An ICC Private Sector Development Perspective', the ICC survey reveals that developing economies remain the drivers of international trade growth despite the ever-rising level of regulation in the wake of the financial crisis and a clear trade finance gap for small- and medium-sized enterprises (SMEs) in the southern hemisphere.

The 2013 survey also received the participation of two new partners: the International Trade Centre (ITC), to cover credit constraints and non-tariff measures in trade; and Factors Chain International (FCI) providing business trends in factoring.


Showcasing a sharp increase in last year, the final report included representatives of 260 banks in 112 countries.

The report was launched on the occasion of the ICC URBPO Regional Launch hosted by ICC Regional Banking Commission (MENA) on June 24, 2013.

Press Release - Click Here

Our Influence

To respond to financial crises, institutions and policy makers need to focus on improving market intelligence so that future financial decisions can be based on solid evidence. The surveys provide that intelligence.

  • They collect feedback on the timing and the calibration of reforms, helping policy makers to achieve the right balance between stability and growth. The information was used to formulate coordinated and targeted measures to stimulate trade finance markets and to prioritize the direction of available support.
  • In their comprehensiveness, the Surveys include full industry representation and coverage. The 2011 Survey received responses from representatives of 210 banks in 94 countries ‒ a 30% increase over the previous Survey.

Expanding Our Reach

In the coming years, the Banking Commission will continue to respond to the growing changes and challenges of the wider corporate banking industry, specifically in the area of new regulations and market opportunities. In particular, the ICC Banking Commission is aiming at leveraging its current stature as the world’s leading trade finance industry representative group to become the foremost corporate banking industry group by extending beyond rules setting to being an effective provider of leading market intelligence.

In 2013, the International Chamber of Commerce’s Banking Commission decided to provide a timely analysis of patterns of trade finance in finance in markets worldwide and aiming for more partners and geographic reach. The increase in the number of countries participating allows us to provide a more diverse view of the global position regarding trade finance activity and constraints.

This new report, ICC Global Survey 2013, contains key metrics and analysis that will enhance our understanding of trade finance markets worldwide and will be launched on 24 June, 2013.

Graph 2

Purpose

The Surveys help us gain an accurate snapshot of the trends evolving over time and to gauge future expectations for global trade and traditional trade finance activities, including changes attributable to the additional funding and risk mitigation activities of the development banks, export credit agencies and the World Bank.

This information can then be used to formulate coordinated and targeted measures to stimulate trade finance markets and to prioritize the direction of available support via innovative communication channels and creating speedy cost-effective supply chain of vital information.

We are pleased to note that participation in ICC Surveys continues to gain wide recognition in the industry, and the Survey contents clearly remain at the forefront in providing key information on trade finance, thereby significantly bridging the information gap.

Our Partners

Partners 4
  • The European Bank for Reconstruction and Development (EBRD)
  • The International Finance Corporation (IFC)
  • The Inter-American Development Bank (IDB)
  • The Asian Development Bank (ADB)
  • The World Trade Organization (WTO)
  • The Society for Worldwide Interbank Financial Telecommunications (SWIFT)
  • The World Bank
  • Factors Chain International (FCI)
  • Coastline Solutions
  • Berne Union
  • Bankers' Association for Finance and Trade - The International Financial Services Association (BAFT-IFSA)
  • International Trade Centre (ITC)

Become a Partner

If you or your organization is interested in becoming an official partner of the ICC Global Survey, please contact:

Thierry SENECHAL

ICC Banking Commission

thierry.senechal@iccwbo.org

Sponsorship Opportunities

Sponsorship Opportunities 5 FINAL

  • Now available for all of our Projects.

Companies that would like to associate themselves with the ICC Banking Commission and its global network will find a variety of offers for 2013 and onwards. Sponsoring a banking meeting will give your company global recognition to reach leading bankers, corporate treasurers, consultants and vendors active in trade and supply chain finance.

For more information on how to become a sponsor, get more about the sponsorship opportunities contact Luz Rodriguez via email - lzr@iccwbo.org

Brochure - Download

ICC Global Surveys (2009 - 2013)