Export Financing
FAS provides credit guarantees to encourage financing of commercial exports of U.S. agricultural products. By reducing financial risk to lenders, these credit guarantees encourage exports to buyers in countries — mainly developing countries — that have sufficient financial strength to have foreign exchange available for scheduled payments.
FAS export financing programs cover not only sales of U.S. commodities and value-added products, but also infrastructure improvements in importing countries that can help facilitate imports of U.S. agricultural goods.
Programs
Guarantees repayment when U.S. banks extend credit to foreign banks to finance sales of U.S. agricultural products.
Provides credit guarantees for infrastructure improvements in countries where demand for U.S. agricultural products may be limited by lack of adequate facilities.
Data and Analysis
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News and Features
On October 6, 2023, the U.S. Department of Agriculture announced availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2024.
On April 14, 2023, the U.S. Department of Agriculture announced increased availability of credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation’s (CCC) Export Credit Guarantee Program (GSM-102) for fiscal year 2023.
USDA's Foreign Agricultural Service had an exceptional year in 2022, expanding U.S. agricultural trade, ramping up climate change resiliency work, and improving food and nutrition security around the globe.