Export-Import Banks are government-backed financial institutions that support domestic businesses in international trade. They provide loans, guarantees, and insurance to help companies export their goods and services, making it easier for them to compete in global markets. These banks aim to reduce the risks associated with exporting, such as non-payment by foreign buyers or political instability in other countries. By facilitating access to financing, Export-Import Banks help stimulate economic growth and create jobs in the domestic economy.