The U.S. Export-Import Bank:
The Bank Plays an Important Role in Promoting Exports
T-GGD-92-36: Published: May 6, 1992. Publicly Released: May 6, 1992.
Additional Materials:
- Full Report:
Contact:
GAO discussed the U.S. Export-Import Bank's (Eximbank) export promotion activities. GAO noted that: (1) in fiscal year (FY) 1991, the U.S. government spent about $2.7 billion on export promotion programs, approved about $12.8 billion in export loans and guarantees, and extended about $8.6 billion in export credit insurance, with Eximbank providing about 52 percent of total U.S. support; (2) Eximbank offers a wide range of export financing assistance, including direct loans, loan guarantees, and export credit and risk insurance; (3) in FY 1991, Eximbank assisted in the export of $12.1 billion in goods and services to about 125 countries, with Mexico receiving about 31 percent of total assistance; (4) Eximbank's agreement with the private firm that administers its export credit insurance programs exposes the government to increased insurance costs and increased losses from riskier policies; (5) Eximbank has a limited network for delivering its services, and depends on other federal agencies to make its programs more accessible to all exporters; (6) Eximbank has established joint programs and pooled resources with agencies with similar export promotion goals; (7) Eximbank does not extensively use its authorized funds for countering competitors' use of tied-aid or mixed credits to increase exports, and some exporters are skeptical of Eximbank's belief that a recent international agreement will reduce competitors' use of tied-aid and mixed credits; and (8) recent credit reform legislation will aid Congress in monitoring and comparing the costs and benefits of Eximbank programs.
Dec 9, 2020
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International Trade:
Observations On Whether Women's Rights and Economic Interests Are Protected or Promoted by U.S. Trade Preference ProgramsGAO-21-190: Published: Dec 9, 2020. Publicly Released: Dec 9, 2020.
Dec 2, 2020
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Foreign Assistance:
USAID Should Analyze Data on the Timeliness of ExpendituresGAO-21-51: Published: Dec 2, 2020. Publicly Released: Dec 2, 2020.
Nov 19, 2020
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Global Food Security:
Information on Spending and Types of Assistance Provided by the United States and Other DonorsGAO-21-47R: Published: Nov 19, 2020. Publicly Released: Nov 19, 2020.
Nov 9, 2020
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Human Trafficking:
Agencies Have Taken Steps to Strengthen International Anti-trafficking ProjectsGAO-21-53: Published: Nov 9, 2020. Publicly Released: Nov 9, 2020. -
Rule of Law Assistance:
State and USAID Could Improve Monitoring EffortsGAO-21-14: Published: Nov 9, 2020. Publicly Released: Nov 9, 2020.
Oct 27, 2020
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Forced Labor Imports:
DHS Increased Resources and Enforcement Efforts, but Needs to Improve Workforce Planning and MonitoringGAO-21-106: Published: Oct 27, 2020. Publicly Released: Oct 27, 2020.
Oct 2, 2020
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Combating Wildlife Trafficking:
Agencies Work to Address Human Rights Abuse Allegations in Overseas Conservation ProgramsGAO-21-139R: Published: Oct 2, 2020. Publicly Released: Oct 2, 2020.
Sep 22, 2020
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Cyber Diplomacy:
State Has Not Involved Relevant Federal Agencies in the Development of Its Plan to Establish the Cyberspace Security and Emerging Technologies BureauGAO-20-607R: Published: Sep 22, 2020. Publicly Released: Sep 22, 2020.
Sep 15, 2020
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Steel and Aluminum Tariffs:
Commerce Should Improve Its Exclusion Request Process and Economic Impact ReviewsGAO-20-517: Published: Sep 15, 2020. Publicly Released: Sep 15, 2020.
Sep 14, 2020
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Conflict Minerals:
Actions Needed to Assess Progress Addressing Armed Groups' Exploitation of MineralsGAO-20-595: Published: Sep 14, 2020. Publicly Released: Sep 14, 2020.
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