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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549



                                    FORM 10-K



(Mark One)

  X       ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 1997

                                       OR

          TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 (NO FEE REQUIRED)

For the transition period from                        to


Commission file number 33-49560

                           EXPORT FUNDING CORPORATION,
  on behalf of EXPORT FUNDING TRUST, SERIES 1992-A, 1993-A, 1994-A, and 1995-A
             (Exact name of registrant as specified in its charter)


Delaware                              56-1782848
(State of Incorporation)              (I.R.S. employer identification no.)

NationsBank Corporate Center
100 N. Tryon Street
Charlotte, North Carolina                              28255
(Address of principal executive offices)               (Zip Code)

Registrant's telephone number, including area code (704) 386-8226

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act:  None

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(c) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.          Yes  X    No ___
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                                     Part I

Item 2.  Properties.

       The property of the Export Funding Trust, Series 1992-A consists of the
following promissory notes:

Export  Funding Corporation (the "Company") established the Export Funding
Trust, Series  1992-A (the "Trust") as of December 11, 1992 by selling and
assigning  to Bankers  Trust  Company, as Trustee (the "Trustee") pursuant to
the  Pooling  and Servicing  Agreement and Standard Terms and Conditions of
Agreement dated  as  of December  11, 1992, among the Company, as Depositor,
NationsBank of Texas,  N.A., as  Servicer,  and  the Trustee, certain property,
consisting  primarily  of  ten promissory  notes  issued by Bariven, S.A. in the
aggregate principal  amount  of $78,542,090.87 (the "Notes"), in exchange for
certificates representing fractional undivided interests in the Trust (the
"Certificates")  consisting  of two  classes of Certificates: (a) $78,000,000
aggregate principal amount of 5.60% Pass-Through  Certificates, Class A
(representing in the aggregate a  99.3098085% interest in the Trust) and
(b) $542,090.87 aggregate principal amount of 5.60% Pass-Through Certificates,
Class B (representing in the aggregate  a  0.6901915% interest in the Trust).
Payments on the Notes are guaranteed  by  the  Export-Import Bank of the United
States, as to payment of 100% of all amounts of principal and interest due there
on.

The Company purchased the Notes from NationsBank of Texas,  N.A.,  a  national
banking association and an affiliate of the company, pursuant to an  Acquisition
Agreement, dated as of December 11, 1992, between the Company and NationsBank of
Texas, N.A.

As of December 31, 1997, the aggregate principal amount of the Notes was $0.00.
As of December 31, 1997, no delinquencies or defaults had occurred in respect of
payments due under the Notes from Bariven, S.A., and no demands for payment
related thereto had been made on the Export-Import Bank of the United States  or
any other guarantor of Bariven, S.A.'s obligations thereunder.


      The property of the Export Funding Trust, Series 1993-A consists  of  the
following promissory notes:

The Company established the Export Funding Trust, Series 1993-A (the"Trust")  as
of May 13, 1993 by selling and assigning to Bankers Trust Company, as  Trustee
(the "Trustee") pursuant to the Pooling and Servicing Agreement and Standard
Terms and Conditions of Agreement dated as of May 13,1993, among the Company, as
Depositor, NationsBank of Texas, N.A., as Servicer, and  the  Trustee,  certain
property, consisting primarily of nine promissory notes issued by Bariven,  S.A.
in the aggregate principal amount of $81,057,258.60 (the "Notes"), in exchange
for certificates representing fractional undivided interests in the Trust (the
"Certificates") consisting of $81,057,258.60 aggregate principal amount of 4.44%
Pass-Through Certificates,Class A (representing in the aggregate a 100% interest
in the Trust). Payments on the Notes are guaranteed by the Export-Import Bank of
the United States,as to payment of 100% of all amounts of principal and interest
due thereon.

The Company purchased  the notes from NationsBank of Texas,  N.A.,  a  national
banking association and an affiliate of the Company, pursuant to an  Acquisition
Agreement, dated as of May 13,1993 between the Company and NationsBank of Texas,
N.A.

As of December 31,1997, the aggregate principal amount of the Notes was $0.00.
As of December 31,1997, no delinquencies or defaults had occurred in respect of
payments due under the Notes from Bariven, S.A., and no  demands  for  payment
related thereto had been made on the Export-Import Bank of the United States  or
any other guarantor of Bariven, S.A.'s obligations thereunder.
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<PAGE>
      The property  of the Export Funding Trust, Series 1994-A consists  of  the
following promissory notes:

The Company established the Export Funding Trust, Series 1994-A (the "Trust") as
of October 18,1994 by selling and assigning to Bankers Trust Company, as Trustee
(the "Trustee") pursuant to the Pooling and Servicing  Agreement and Standard
Terms  and  Conditions  of  Agreement dated as of October 18, 1994, among the
Company, as Depositor, NationsBank of Texas, N.A., as Servicer, and the Trustee,
certain property, consisting primarily of three promissory notes issued  by
Bancomer, S.A., Banco  Nacional de Mexico, S.A., and Banca Serfin, S.A.
(collectively  the "Obligors") in the aggregate principal amount of $37,955,000
(the  "Notes"),in exchange for certificates representing fractional undivided
interests in the Trust (the "Certificates") consisting of $37,955,000 aggregate
principal amount of 7.89% Pass-Through Certificates,Class A (representing in the
aggregate a 100% interest in the Trust). Payments on the Notes are guaranteed by
the Export-Import Bank of the United States,as to payment of 100% of all amounts
of principal and interest due thereon.

The Company purchased the notes from NationsBank of Texas, N.A.,  a  national
banking association and an affiliate of the Company, pursuant to an  Acquisition
Agreement, dated as of October 18, 1994 between the Company and  NationsBank  of
Texas, N.A.

As of December 31,1997, the aggregate principal amount of the Notes was
$28,466,250.00. As of December 31,1997, no delinquencies or defaults had
occurred in respect of payments due under the Notes from Obligors,and no demands
for payment related thereto had been made on the Export-Import Bank of the
United States or any other guarantor of Obligors' obligations thereunder.


The  property  of  the  Export Funding Trust, Series  1995-A   consists  of  the
following promissory notes:

The Company established the Export Funding Trust, Series 1995-A (the "Trust") as
of  January  18,  1995  by selling and assigning to Bankers  Trust  Company,  as
Trustee (the "Trustee") pursuant to the Pooling and Servicing Agreement dated as
of  January 25, 1995 and Standard Terms and Conditions of Agreement dated as  of
December   11,  1992,  among  the  Company,  as  Depositor,  NationsBank,   N.A.
(Carolinas),  as  Servicer,  and  the  Trustee,  certain  property,   consisting
primarily  of  six  promissory notes issued by SZ94B in the aggregate  principal
amount   of   $181,103,093.17  (the  "Notes"),  in  exchange  for   certificates
representing  fractional undivided interests in the Trust  (the  "Certificates")
consisting  of $181,103,093.17 aggregate principal amount of 8.21%  Pass-Through
Certificates,  (representing in the aggregate a 100%  interest  in  the  Trust).
Payments  on  the Notes are guaranteed by the Export-Import Bank of  the  United
States,  as  to  payment of 100% of all amounts of principal  and  interest  due
thereon.

The  Company purchased the notes from NationsBank, N.A. (Carolinas), a  national
banking association and an affiliate of the Company, pursuant to  an Acquisition
Agreement,  dated  as of January 18, 1995 between the Company  and  NationsBank,
N.A. (Carolinas).

As  of  December  31,  1997, the aggregate principal amount  of  the  Notes  was
$149,840,437.57.   As  of December 31, 1997, no delinquencies  or  defaults  had
occurred  in respect of payments due under the Notes from SZ94B, and no  demands
for  payment  related  thereto had been made on the Export-Import  Bank  of  the
United States or any other guarantor of SZ94B's obligations thereunder.

Item 3.  Legal Proceedings.

Nothing to report.
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<PAGE>
Item 4.  Submission of Matters to a Vote of Security Holders.

Nothing to report.

                                     Part II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters.

     Export Funding Trust, Series 1992-A

There were no Class A Certificateholders on December 31, 1997.  There is no
established public trading market for the Certificates.

     Export Funding Trust, Series 1993-A

There were no Class A Certificateholders on December 31, 1997.   There is no
established public trading market for the Certificates.

     Export Funding Trust, Series 1994-A

There were 17 Class A Certificateholders on December 31, 1997.   There is no
established public trading market for the Certificates.

     Export Funding Trust, Series 1995-A

There were 7 Class A Certificateholders on December 31,1997.  There is no
established public trading market for the Certificates.

Item  9.  Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.

Nothing to report.
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                                    Part III

Item 12.  Security Ownership of Certain Beneficial Owners and Management, Series
1992-A


                                      (3)Amount
                                         and
(1)          (2)  Name and Address       nature of
    Title         of beneficial          beneficial     (4)  Percent
    of            owner*                 ownership           of
    Class                                in thousands)       Class


5.60% Pass-   Promissory Notes matured 7/15/97
Through
Certificates,
Class A



*As of December 31, 1997
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<PAGE>
                                    Part III

Item 12. Security Ownership of Certain Beneficial Owners and Management, Series
1993-A


                                       (3)  Amount and
                                            nature of
(1) Title        (2)  Name and Address      beneficial
    of                of beneficial         ownership        (4)  Percent
    Class             owner*                (in thousands)        of Class


4.44% Pass-      Promissory Notes matured 9/15/97
Through
Certificates,
Class A





*As of December 31, 1997
</PAGE>
<PAGE>
                                    Part III

Item 12.  Security Ownership of Certain Beneficial Owners and Management, Series
1994-A


                                   (3) Amount and
                                       nature of
             (2)  Name and Address     beneficial
(1)  Title        of beneficial        ownership     (4)   Percent
     of           owner*               (in                 of
    Class                              thousands)          Class



7.89% Pass-      Northern Trust         $6,155              16.2%
Through          Company
Certificates     801 S. Canal C-In
Class A          Chicago, IL 60607


                 Citibank, N.A.         $5,000              13.2%
                 P.O. Box 30576
                 Tampa, FL 33630

                 Compass Bank - ALFA    $5,000              13.2%
                 15 South 20th
                 Street
                 Birmingham, AL
                 35233

                 Brown Brothers         $3,400               9.0%
                 Harriman
                 63 Wall Street 8th
                 Floor
                 New York, NY 10005

                 Bankers Trust         $3,300                8.7%
                 Company
                 648 Grassmere Park
                 Drive
                 Nashville, TN 37211

                First of America       $2,500                6.6%
                Bank-Michigan
                225 N.Rose Street
                N-3
                Kalamazoo, MI 49007

                Bank One Trust         $2,500                6.6%
                Company
                235 W. Schrock Road
                Brooksedge Village
                Westerville, OH
                43081

                SSB-Custodian             $2,000             5.3%
                Global Corp. Action
                Dept.
                JAB5W
                Boston, MA  02105




*As of December 31, 1997
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<PAGE>
                                    Part III

Item 12.  Security Ownership of Certain Beneficial Owners and Management, Series
1995-A


                                      (3) Amount and
                                          nature of
             (2)  Name and Address        beneficial
(1) Title         of beneficial           ownership    (4)   Percent
    of            owner*                  (in                of
    Class                                 thousands)         Class



8.21% Pass-       Chase Manhattan        $99,250             54.8%
Through           Bank
Certificates,     Four New York Plaza
Class A           5th Floor
                  New York, NY 10081


                  SSB Custodian           $59,500            32.9%
                  Global Corp. Action
                  Dept.
                  JAB5W
                  P.O. Box 1631
                  Boston, MA
                  02105-1631


                  Bank of New York         $9,500            5.3%
                  925 Patterson Plank
                  Rd.
                  Secaucus, NJ 07094




*As of December 31, 1997

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Item 13.  Certain Relationships and Related Transactions.

Nothing to report.


                                     Part IV

Item 14.  Exhibits, Financial Statement Schedules and Reports on Form 8-K.

     (a) Exhibits

Nothing to Report

     (b) Reports on Form 8-K.

The Company, on behalf of Export Funding Trust, Series 1992-A, filed  a  Current
Report on Form 8-K dated July 2, 1997 regarding the semi-annual distribution  of
principal and interest to holders of the Certificates for the due  period  ended
July  15, 1997, including the Servicer's Report for such due period provided  to
Bankers Trust Company, as Trustee, filed as Exhibit 28 thereto.

The Company, on behalf of Export Funding Trust, Series 1993-A, filed  a  Current
Report on Form 8-K dated August 4,1997 regarding the semi-annual distribution of
principal  and interest to holders of the Certificates for the due period  ended
September 15,1997, including the Servicer's Report for such due period provided
to Bankers Trust Company, as Trustee, filed as Exhibit 28 thereto.

The Company, on behalf of Export Funding Trust, Series 1994-A, filed  a  Current
Report on Form 8-K dated February 17,1998 regarding the semi-annual distribution
of principal and interest to holders of the Certificates for the due period
ended February 17,1998, including the Servicer's Report for such due period
provided to Bankers Trust Company, as Trustee, filed as Exhibit 28 thereto.

The Company, on behalf of Export Funding Trust, Series 1995-A, filed a Current
Report on Form 8-K dated December 16,1997 regarding the semi-annual distribution
of principal and interest to holders of the Certificates for the due period
ended December 31,1997, including the Servicer's Report for such due period
provided to Bankers Trust Company, as Trustee, filed as Exhibit 28 thereto.
</PAGE>
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                        SIGNATURES

           Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                              EXPORT FUNDING CORPORATION



                              By: /s/Michael T. Timoney
                              Name:     Michael T. Timoney
                              Title:    Assistant Vice President


Dated:  March 30, 1998
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                                  EXHIBIT INDEX


Number            Description of             Page
                  Exhibit

Exhibit 28        Report for the due          *
                  period ended July
                  15, 1997, provided
                  to Bankers Trust
                  Company, as Trustee
                  under the Export
                  Funding Trust,
                  Series 1992-A.

                  Report for the due
                  period ended                *
                  September 15, 1997,
                  provided to Bankers
                  Trust Company, as
                  Trustee under the
                  Export Funding
                  Trust, Series 1993-
                  A.

                  Report for the due
                  period ended                *
                  February 17, 1998,
                  provided to Bankers
                  Trust Company, as
                  Trustee under the
                  Export Funding
                  Trust, Series 1994-
                  A.

                  Report for the due
                  period ended                *
                  December 29, 1997,
                  provided to Bankers
                  Trust Company, as
                  Trustee under the
                  Export Funding
                  Trust, Series 1995-
                  A.






___________________
* Previously Filed
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