Geopolitical tensions, disruptions to supply chains and concerns about strategic dependence mean that export credit insurance is increasingly being used as a tool for economic resilience and to strengthen strategic autonomy. This is evident from the 2025 Annual Review published by Atradius Dutch State Business, the Dutch government’s export credit insurer. Last year, Atradius DSB introduced new solutions for innovative technology companies and projects focused on critical raw materials and sustainable fuels. At the same time, the Dutch government supported exports and foreign investment worth 2.8 billion euros through Atradius DSB.
According to Atradius DSB, the role of export credit insurance is changing as a result of geopolitical developments and is taking on ever greater strategic significance. At the same time, the importance of strategic autonomy, security of supply and future-proof value chains is increasing. To respond to this, Atradius DSB, in collaboration with the government, introduced two new products in 2025: Innovation Cover for technology companies in the scale-up phase and Raw Materials Cover for projects focused on critical raw materials and sustainable fuels. “Geopolitical risks are having an increasingly direct impact on trade and investment,” says Bert Bruning, Managing Director of Atradius DSB. “With these new instruments, we are supporting Dutch companies that invest in technology, sustainability and essential value chains. In doing so, we are not only strengthening their international competitive position, but also the Netherlands’ future earning capacity.”
In addition to the strategic expansion of its range of instruments, regular export support also remained at a high level in 2025. Atradius DSB issued 165 policies and supported export transactions and investments worth 2.8 billion euros. The proportion of SME transactions rose further to 41 per cent of the total number of transactions. The green portfolio also grew strongly: Atradius DSB issued 68 green policies, compared with 24 in 2021, representing a transaction volume of 781 million euros. At the same time, the proportion of fossil-fuel-related activities within the portfolio continued to decline. “The growth in the number of SME transactions shows that export credit insurance is becoming increasingly accessible to a broader group of entrepreneurs,” says Bruning. “We are also seeing that sustainable projects are playing an increasingly important role within our portfolio.”
Atradius DSB also recognises a growing need for support with transactions in complex or high-risk markets. For example, cover for Ukraine was extended in 2025 from 95 to 98 per cent, making export transactions to the country easier to insure and finance. Atradius DSB also supported projects in the fields of infrastructure, food supply, energy and industrial innovation in various parts of the world. By underwriting risks that are difficult or impossible for market participants to insure, Atradius DSB helps Dutch companies to do business and invest internationally, even in complex markets.
