The economic downturn of two main export markets - Brazil and Angola - has led to reduced exports and, to some extent, investment levels in the sector.
Economic growth is expected to pick up in 2017, but uncertainty about the new US administration (potential protectionist trade policies) casts a shadow.
The consequences of any US shift on its Mexico policy remain to be seen, but increased currency volatility has already an negative impact on the economy.
Steady, but uneven growth is expected to persist. Domestic demand is the main driver of expansion, but manufacturing and export performance remain subdued.
De nieuwste uitgave van de (Engelstalige) Economische Update, met daarin een beeld van de huidige wereldwijde economische omgeving en de vooruitzichten door Atradius Economic Research.
Nearly 24% of Australian suppliers surveyed consider maintaining adequate cash flow levels to be the greatest challenge to business profitability in 2016.
Most of the suppliers surveyed in Japan (33%) reported that foreign late payment is most often a consequence of the complexity of the payment procedure.
Despite no variation in either domestic or foreign late payment rates, the average 46 days DSO recorded in Singapore is six days longer than last year.
China is a major economic and trading power. Trade successfully with China sets out ten simple-to-follow rules that can help make your trading relationships with China lasting and successful.
On 15 November 2016, Atradius Credit Insurance hosted a webinar that looked at the opportunities available for trade with China and how to safely transact your business.
Overcapacity remains the main challenge, as the rebalancing of the economy from investment and export-driven growth towards private consumption continues.
