Export-Import Bank of the United States Facilitates U.S. Exports to Emerging Markets

What's Happening?

The Export-Import Bank of the United States (EXIM Bank) is the official export credit agency of the U.S., focusing on financing exports to emerging markets to create and sustain U.S. export-related jobs. EXIM provides loan guarantees, export credit insurance, and direct loans to businesses of all sizes, with a significant portion of its transactions benefiting small businesses. Over the past 15 years, EXIM has returned over $4 billion to the U.S. Treasury, demonstrating its self-sustaining nature. The agency operates independently within the Executive Branch and is headquartered in Washington, DC.

Why It's Important?

EXIM's role in financing exports is vital for U.S. economic growth, particularly in emerging markets where private financial institutions may be reluctant to provide capital. By supporting small businesses, EXIM helps diversify the U.S. export base and ensures that American companies can compete globally. The agency's financial contributions to the U.S. Treasury further underscore its importance as a self-sustaining entity that not only supports economic growth but also contributes to national fiscal health.