Finance Industry Today
India Trade Finance Market to Reach USD 3.88 Billion by 2030 Backed by Government Export Support and Growing Digital Trade Platforms
India Trade Finance Market Outlook
According to Mordor Intelligence, the India trade finance market is experiencing steady growth, reflecting increased domestic and international trade activity. Valued at USD 2.72 billion in 2025, the market is expected to reach USD 3.88 billion by 2030. Government export-push programs, wider access to credit for micro, small, and medium enterprises (MSMEs), and improved digital payment infrastructure are key contributors to market expansion. Recent regulatory updates allowing INR accounts for non-residents and production-linked incentive (PLI) schemes have enhanced pre-export financing demand.
India Trade Finance Market Growth Drivers
- Dominance of Non-Documentary Finance: Non-documentary trade finance accounts for the largest share, showing consistent growth due to simplified financing processes.
- Banks Retain Major Market Share: Traditional banks control a significant portion, while fintech and insurance providers are gradually increasing their presence.
- Growing Domestic and International Trade: International trade remains significant, but domestic trade is accelerating with increased MSME participation.
- Shift Toward Non-Structured Financing: Non-structured finance leads, while structured solutions are gradually gaining traction with tailored trade programs.
Market Segmentation
- By Product & Financing: Documentary vs. Non-Documentary; Structured vs. Non-Structured Finance.
- By Application & Company Size: Domestic vs. International; Large Enterprises vs. SMEs.
- State Bank of India
- HDFC Bank
- ICICI Bank
- Axis Bank
- Kotak Mahindra Bank
Dominating Country
India itself dominates the market, driven by its growing export economy, government support for trade, and focus on MSME financing. Regions like Mumbai, Delhi, Bengaluru, and Gujarat’s GIFT City are becoming financial hubs for trade finance. With the country’s evolving trade policies, digital infrastructure, and incentive programs, India offers a strong environment for both established banks and new fintech entrants to expand operations and enhance access to trade credit.
Conclusion
The India Trade Finance Market is set for steady growth, supported by government export initiatives, expanding digital trade platforms, and increased access to credit for businesses, particularly SMEs. Banks continue to lead the market, while fintech and insurance providers are gradually expanding their footprint.
Get the latest industry insights on the India Trade Finance Market: https://www.mordorintelligence.com/industry-reports/india-trade-finance-market?utm_source=Industrytoday.co.uk
Explore related reports from Mordor Intelligence
Trade Finance Market: https://www.mordorintelligence.com/industry-reports/global-trade-finance-market?utm_source=Industrytoday.co.uk
South Korea Trade Finance Market: https://www.mordorintelligence.com/industry-reports/south-korea-trade-finance-market?utm_source=Industrytoday.co.uk
Japan Trade Finance Market: https://www.mordorintelligence.com/industry-reports/japan-trade-finance-market?utm_source=Industrytoday.co.uk
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking actionable market insights. With 550+ domain experts and specialists across 150+ countries, we deliver comprehensive syndicated and custom research across industries such as aerospace, agriculture, chemicals, consumer goods, energy, healthcare, and many more, helping organizations make informed decisions and achieve strategic goals.
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com, https://www.mordorintelligence.com/
Share on Social Media
Other Industry News
Ready to start publishing
Sign Up today!
