Export Credit refers to financial support provided by governments or financial institutions to help domestic companies sell their goods and services abroad. This support can come in the form of loans, guarantees, or insurance, making it easier for businesses to enter foreign markets and compete internationally. By reducing the risks associated with international trade, Export Credit encourages companies to expand their operations globally. It helps mitigate potential losses from non-payment by foreign buyers and can also provide favorable financing terms, ultimately boosting a country's exports and economic growth.