A method and system for dynamic flow control using credit sharing that includes allocating portions of credits to senders, wherein each of the credits is for communicating with a receiver; transmitting, by a first sender of the senders, a first message to the receiver using a first credit of a first portion of the credits; decrementing, in response to transmitting the first message, a credit balance of the first sender by one; and determining that the credit balance of the first sender is zero. The method also includes sending to a second sender of the senders, by the first sender, in response to the credit balance being zero, a first request for a second credit; receiving from the second sender, in response to the first request, a first response comprising the second credit; and transmitting, by the first sender, a second message to the receiver using the second credit.