According to the Korea Trade Insurance Corporation, the amount of funds that have not yet received payment for exports in 2021 is 82 million US dollars (106.6 billion Korean won), and the total amount of accounts receivable in the past five years has reached 1.3 trillion Korean won. According to the Korea Trade Association, although the issuance scale of foreign bonds is increasing, the cumulative recovery rate is as low as around 30%. The average recovery rate of overseas accounts receivable owed by Chinese export enterprises is only 20%. Combined with a 5% export bad debt rate, it basically means that 4% of the annual export amount cannot be recovered. For small and medium-sized enterprises with weak risk resistance, cash flow is crucial for their survival. In general, there are two common ways to obtain compensation for uncollected debts: by purchasing pre export credit insurance or by seeking an ECA agency for agency recovery. The public export credit agencies (ECA) K-SURE and SINOSURE of the two countries are exploring the differences and similarities in overseas bond recovery systems, while hoping to provide better bond recovery methods for small and medium-sized enterprises and help with overseas bond recovery.