XTransfer 2024 (B2B) SME Exporter Fund Security Risk Overview

Small and medium-sized enterprises (SMEs) are an important force driving global trade growth. According to United Nations data, SMEs account for over 90% of the total number of enterprises globally and contribute over 50% of the global GDP. In the international trade field, SMEs serve as a key link connecting global markets due to their flexibility and innovation capabilities.

SMEs also play a significant role in driving China's export growth. Data shows that nearly 5 million SMEs in China are engaged in foreign trade-related businesses, and over the past decade, the number of foreign trade enterprises in China has been increasing at an annual growth rate of 20%-30%. According to China Customs data, in 2023, private enterprises collectively accounted for 53.5% of the total import and export value, reaching 22.36 trillion yuan.

According to the 2023 Small and Medium-sized Enterprise Export Trade (B2B) Index Report released by XTransfer, SMEs in international trade face certain fund security risks, including fraud risks in foreign trade receipts, compliance risks, and platform risks. These issues may lead to financial strain for enterprises and weaken their market competitiveness.

This report aims to provide a comprehensive fund security risk management framework for enterprises, conducting in-depth analysis of various risks that SMEs may encounter in export trade and proposing practical risk management strategies. By incorporating the firsthand experiences of foreign trade practitioners and XTransfer's best practices in B2B foreign trade receipts for over 7 years, this report is dedicated to helping SMEs build a more robust fund security risk management system and gain a competitive edge in the intense international competition. 

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