Oceania

Page updated 31 Aug 2015

The following list of countries and territories in Oceania shows their country risk classification and NZECO's indicative level of cover. The country policy applies primarily to NZECO's Short-Term Trade Credit and Export Credit Guarantee products.

Country Information

Country Risk Rating Cover Status
American Samoa 5 Limited Cover
Australia 0 On Cover
Fiji 6 Limited Cover
French Polynesia 3 Limited Cover
New Caledonia 3 On Cover
Papua New Guinea 6 Limited Cover
Samoa 6 Limited Cover
Solomon Islands 7 Limited Cover
Tonga 6 Limited Cover
Vanuatu 6 Limited Cover


This Country Cover information describes the Export Credit Office's guiding cover-policy at the time of issue. The information does not necessarily reflect the present possibilities for cover. Before acting on the background of this material, the company/bank is requested to obtain further information from NZECO. If a country is not on the list, contact us.

Risk Rating
Each country is rated by the OECD on a scale from 0 to 7; with 0 for low financial risk and 7 for high financial risk. Ratings may change.
Cover Ratings
On Cover
NZECO is open for cover across the range of private and public buyers, subject to NZECO’s standard underwriting criteria for each transaction.
Limited Cover
NZECO is open for cover although this may be for a limited profile of buyers and/or only for transactions with shorter credit terms. NZECO may apply more stringent underwriting criteria and conditions of support. For example, any NZECO approval may require a higher level of risk sharing from the Insured and/or an extended claims waiting period.
Off Cover
With limited exceptions, we are off cover on all buyers in these countries.
Page top