This chapter examines recent trends and developments in officially supported export credits. The basic features of official support for export credits and the institutional arrangements for providing official export credit support, which differ widely from country to country, are summarized in Boxes 1 and 2.2 Box 1 also contains background material on the basic principles underlying officially supported export credits, explanations of some of the key concepts used in the paper, and a description of the main instruments used by export credit agencies.