Trade facilitated (US$)

Definition

Total actual value (US$) of goods and services exported or imported with the support of the OPEC Fund during the reporting year. This indicator includes OPEC Fund support to exports and imports through direct or indirect (through financial institutions clients) financing of trade transactions (exports and imports).

This indicator reflects the aggregate results of all projects completed in the public sector, or those that have reached Early Operation maturity in the private sector. The OFRF presents both the most recent year’s results (for the 12 months leading up to June 30^th of the stated year) and three-year rolling cumulative values (for the 3 years leading up to June 30^th of the stated year), to address annual data variability and provide a longer-term perspective on development results achieved.

Why it matters for the OPEC Fund

Facilitating trade expands market access, strengthens value chains, enhances competitiveness, and supports economic growth, particularly in sectors critical for food security and livelihoods. The OPEC Fund advances these outcomes through operations in priority areas as outlined in the Review and Update of OPEC Fund Strategic Framework 2030—specifically Private Sector and Trade and Food Security—by supporting trade finance, logistics improvements, and programs that enable firms and producers to participate more effectively in domestic, regional, and global markets. This indicator aligns with SDG 2 (Zero Hunger), SDG 8 (Decent Work and Economic Growth) and SDG 17 (Partnerships for the Goals).