Barriers: What Stops SMEs from Scaling in Trade
Introduction
Despite their importance, SMEs face persistent barriers to scaling internationally. Constraints in finance, compliance, digital access, and managerial skills limit global participation.
Key Constraints to SME Growth
- Finance: Collateral requirements and risk pricing restrict working capital.
- Compliance & standards: Technical and sanitary requirements are costly.
- Digital access: Limited logistics, e-commerce, and platform tools hinder market entry.
- Skills & management: SMEs often lack market intelligence and managerial experience.
Case Study — Morocco SME Exporters
Moroccan SMEs face high costs for EU compliance, limited trade finance, and logistical constraints. Recent digital customs platforms and standards assistance have helped, but gaps remain, highlighting the need for comprehensive support.
Policy Reflection: Removing Barriers
- Targeted export credit and guarantees.
- Standards helpdesks and compliance training.
- Digital trade platforms and women-focused business support.
FACT SHEET — SME Barriers
Key Takeaways
- Finance, standards, and digital gaps hinder SME growth.
- Policy tools can unlock SME potential in global trade.
- Comprehensive support enables SMEs to scale sustainably.
We will expand on these policy ideas and hear directly from SMEs around the world at next year’s Festival of Inclusive Trade. You too can engage, share your insights, and get involved in shaping the future of inclusive, resilient trade.