PREKINIO KREDITAVIMO POKYČIAI ES ŠALIŲ TARPTAUTINĖJE PREKYBOJE
Keywords:export, trade credit
AbstractWorld economic decline of 2008-2009 negatively affected volume of EU and world international trade. Since 2010 the volume of international trade is rising, though the decline has confirmed the significance of trade credit to development and prosperity of international trade. Exporters, providing their customers with trade credits, take the role of banks and, bearing all the risk, give financing to importers. The paper discusses motives that induce exporters to become financial intermediaries and benefit for both exporters and importers of such financial relations. Also changes between 2010 and 2007 in some EU countries’ export and import volume and changes in trade credits volume are analysed. The aim the paper is to show benefits of trade credits and changes in the trade crediting volume of some EU countries’ international trade. Methods of comparative analysis and statistical data analysis are used.
Competitiveness of Nations in Global Economy