Total trade credits refers to all official and officially supported trade credits. In addition to the non-bank trade credits it includes financial or buyer credits extended by banks which are guaranteed or insured by an official export credit guarantee agency in an OECD reporting country. These guaranteed bank credits are also included in the amounts shown in Bank loans, Liabilities to banks, Total liabilities to banks - locational, Total liabilities to banks - consolidated. These data only cover trade credits which have been guaranteed or insured by the official sector in the creditor country. They include credits extended to both the public and private sector in the borrowing country