中美洲和墨西哥的贸易融资2025

WTO IFC IFC—a member of the World Bank Group—is the largestglobal development institution focused on the privatesector in emerging markets. We work in more than 100countries, using our capital, expertise, and influence tocreate markets and opportunities in developing countries.In fiscal year 2024, IFC committed a record $56 billion toprivate companies and financial institutions in developingcountries, leveraging private sector solutions andmobilizing private capital to create a world free of povertyon a livable planet. For more information, visit www.ifc.org. The World Trade Organization is the international bodydealing with the global rules of trade between nations.Its main function is to ensure that trade flows as smoothly,predictably and freely as possible, with a level playingfield for all its members. For more information,visit www.wto.org. Disclaimer Prepared by the International Finance Corporation and the Secretariat of the World Trade Organization.The opinions expressed in this publication are those of the authors. For IFC, the findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the ExecutiveDirectors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governmentsthey represent. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee theaccuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility orliability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. For the WTO, this work is published under the WTO Secretariat's own responsibility. It does not necessarily reflect the positions or opinions of WTO membersand is without prejudice to their rights and obligations under the WTO agreements. The opinions expressed and arguments employed herein are not intendedto provide any authoritative or legal interpretation of the provisions of the WTO agreements and shall in no way be read or understood to have any legalimplications whatsoever. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part ofthe IFC and the WTO Secretariat concerning the legal status of any country, area or territory or of its authorities, or concerning the delimitation of its frontiers. Trade FinanceinCentral AmericaandMexico Acknowledgments This report was prepared under the guidance of Susan Lund, Vice President, Economicsand Private Sector Development and Paolo Mauro, Director, Economic and MarketResearch, at IFC, and Ralph Ossa, Chief Economist of the WTO. Marc Auboin (WTO) andAlexandros Ragoussis (IFC) provided leadership for the research. Eddy Bekkers (WTO),Beliyou Haile (IFC, research on report done while on external assignment at WTO),Mariana Pereira Lopez (IFC), Samuel Rosenow (IFC), and Ariane Volk (IFC) led individualchapters and sections of the report across the two institutions. Working team membersincluded Stephanie Annijas (IFC), Cristina Aranzana (IFC), Karlygash Dairabayeva (IBRD),Pablo Gordillo Coutiño (IFC), Tancredi Musco (WTO), and Alexander Vanezis (IFC). The teams wish to thank the banks that responded to the IFC survey of banks, officers,and stakeholders who participated in interviews in Mexico for invaluable insights anddata provided. The IFC survey of banks and the stakeholder interviews were completedwith dedicated support from IFC staff members Zeynep Ersel, Juan Gonzalo Flores, KarlaSoledad Lopez Flores, Elizabeth Ann Marcano, Dimitre Mitov, Tomas Quintana, StephanieRubach, Norbert Schneider, Leopoldo Sposato, Vongaishe Tinevimbo Mujuru, MakikoToyoda, Eugenia Vargas, Guillermo Villanueva, Rodrigo Vivas Espinosa, and John Wilson.In addition, the Bank of Mexico, the Association of Mexican Banks (ABM), and the BankingAssociation of Guatemala (ABG) provided invaluable support with the implementationof the bank survey. We sincerely thank Mexico’s National Banking and SecuritiesCommission (CNBV) for granting us access to their data and facilities in compliance withtheir confidentiality regulations. Special thanks to CNBV staff members Lucía BuenrostroSánchez, Vice-President of Regulatory Policy, and Omar Gallardo Martinez and FreddyUrbina Romero from the Area of Economic Studies for their invaluable support. Expertiseand insights on the project were provided by Ana Fernandes (IBRD), Devaki Ghose (IBRD),and Gianluca Santoni (IBRD). We thank the peer reviewers Banu Demir (Oxford University) and Mariem Malouche(IBRD), as well as Karla Soledad Lopez Flores, Nathalie Louat, Makiko Toyoda andcolleagues from IFC regional offices and desks for their insightful comments ands