Abstract

Export financing plays a pivotal role in enhancing trade competitiveness, especially in emerging regions like Latin America, where small and medium enterprises (SMEs) often face capital constraints. This study investigates the prevailing export financing models across selected Latin American countries, including Brazil, Mexico, Chile, and Colombia, focusing on public and private mechanisms supporting exporters. By analyzing data from regional export credit agencies, development banks, and international financial institutions, the paper identifies key instruments such as pre-shipment and post-shipment financing, export credit guarantees, and factoring services.
The research adopts a case study approach, comparing the institutional frameworks, accessibility, and effectiveness of financing tools available to exporters. Special attention is given to the role of national agencies like BNDES (Brazil), Bancomext (Mexico), and ProChile, as well as their integration with global financing networks. The study also examines the challenges exporters face, including high interest rates, regulatory barriers, limited financial literacy, and volatile currency conditions.
Results indicate that while some countries have made significant progress in developing structured financing ecosystems, regional disparities and policy fragmentation persist. The paper concludes with strategic recommendations for enhancing financial inclusion, digitalizing trade finance services, and harmonizing regional financing practices. These insights are critical for policymakers, financial institutions, and trade promotion organizations seeking to strengthen Latin America's position in global export markets.