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How Trade Credit Insurance Supports Non-Oil Exports
Non-oil exports play an important role in the UAE's continued economic diversification and international trade growth.
As UAE businesses expand their presence in global markets, managing the risk of non-payment becomes increasingly important.
Trade Credit Insurance can support exporters by protecting eligible receivables and helping businesses trade internationally with greater confidence.
Why is payment risk important for exporters?
Exporters often sell goods and services to overseas buyers on credit terms.
While offering credit can help businesses remain competitive and build stronger customer relationships, it also means payment may be received weeks or months after delivery.
During this period, exporters remain exposed to the risk that a buyer may not pay as agreed.
How can Trade Credit Insurance support non-oil exporters?
Trade Credit Insurance can support businesses across different non-oil sectors by:
- Protecting eligible receivables against non-payment risk
- Supporting informed credit decisions
- Helping businesses manage overseas buyer exposure
- Supporting expansion into international markets
This allows exporters to pursue growth while maintaining greater visibility over the risks associated with their international sales.
Why does this matter?
Expanding non-oil exports requires businesses to reach new customers, compete internationally, and build sustainable trading relationships.
Managing payment risk helps ensure that increased export sales do not automatically result in increased financial vulnerability.
By protecting receivables, exporters can build a stronger foundation for sustainable international growth.
A practical example
A UAE-based manufacturer is increasing exports to customers across several international markets.
As export volumes grow, so does the value of outstanding receivables from overseas buyers.
Trade Credit Insurance helps the company protect eligible sales against non-payment risk while continuing to expand its international customer base.
How Etihad Credit Insurance (ECI) helps
As the UAE's federal export credit company, Etihad Credit Insurance (ECI) supports the growth and diversification of UAE exports by:
- Protecting eligible receivables against non-payment risk
- Supporting UAE businesses entering and expanding in international markets
- Helping exporters manage overseas buyer exposure
- Contributing to the sustainable growth of UAE non-oil exports