Check your buyer's ECGC country risk rating

ECGC groups every buyer country into a risk class from A1 (insignificant risk) to D (very high risk) under its Short-Term Country Risk Classification. The rating drives whether export credit cover is available for buyers in that market, how limits are set, and which way the premium moves for your payment term.

The Short-Term (ST) Country Risk Classification List w.e.f. 01 July 2026, published by ECGC Limited on its circulars page. ECGC revises ratings periodically, so always check the effective date shown on the result before quoting.

Directionally, yes — when ECGC upgrades a country's rating, premiums for that market fall; downgrades push the other way. The exact premium still depends on your payment term (sight LC vs DA/DP and credit period) and buyer profile, so treat the rating as the starting point, not the quote.

A D rating means ECGC considers the risk very high and cover may be unavailable — treat it as a market-entry warning, not an automatic no. Confirm ECGC's current position for the specific buyer, consider LC terms you can discount, and check financing for the corridor before committing shipment.

They answer different halves of the same decision: the ECGC rating tells you whether the country risk is insurable, while trad's financing matrix tells you whether the buyer's market supports factoring or LC discounting. Check both — the rating first, then the financing checker — before fixing payment terms.

ST (Short-Term) covers export transactions with a credit period under 360 days — open-account, DA/DP and short LCs. MLT (Medium- and Long-Term) covers credit periods over 360 days — project exports, deferred payment terms and buyer credit. Use the toggle above to check the list that matches your deal's tenor.

Yes — longer tenor means more risk, so MLT ratings are often a notch worse. In the 01 July 2026 lists, for example, Russia is B2 short-term but C1 medium-long-term, Malaysia is A1 short-term but A2 medium-long-term, and France is A1 short-term but A2 medium-long-term. Always check the list that matches your credit period.

From ECGC's official circulars page (main.ecgc.in/english/circular-2026-2027) — look for the Country Risk Classification List ST and MLT w.e.f. 01 July 2026. This finder mirrors those lists; search your buyer country above for its live A1–D rating and cover bucket.

ECGC's Short-Term Country Risk Classification List w.e.f. 01 July 2026 groups every buyer country from A1 (insignificant risk) to D (very high risk), with Open, Restricted and Off-Cover buckets. Your buyer country's class decides cover availability, credit-limit approval and premium direction — search it above, then check financing for the same buyer.