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Mexico seems to be quite resilient in dealing with the uncertainty brought by the NAFTA renegotiations due to its strong economic fundamentals.

Panama´s economy is small, very open, highly diversified, fully dollarized and highly competitive by regional standards. However, challenges remain.

The US administration´s trade policy remains a downside risk, not just for trading partners, but also for the US economy itself.

The economic recovery in emerging market economies is expected to continue strengthening in 2018 and these markets could present opportunities for business.

Het International Debt Collections Handbook is een belangrijk naslagwerk voor ondernemingen. Het helpt u de juiste keuzes te maken als u moet incasseren in het buitenland.

The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.

Due tot the inability to absorb higher input costs and increased pressure on margins, both payment delays and insolvencies have increased in 2017.

The outlook for the Brazilian food sector is benign, due to an ongoing economic rebound and robust demand from China as largest food export market.

Commodity price increases have added pressure on many food manufacturers, stuck between farmers demanding higher prices and powerful retail chains.

Average payment duration in the food sector is 40 days, and the amount of payment delays and insolvencies remains low compared to other Dutch industries.

As food processors and retailers demand longer payment terms from their suppliers, a wave of longer payment terms is being created along the supply chain.

The outlook for food exports remains positive, with further demand growth from overseas expected, due to the strong reputation of “Made in Italy” food.

Key challenges for food retailers are the increasingly competitive market environment and the very high wage pressure, which is diminishing profit margins.

A hard Brexit remains a major threat to the Irish food sector, despite ongoing efforts of food exporters to diversify shipments away from Britain.

The recent profit margin increase is expected to bottom out in the coming months due to a slowdown in inflation and increasing competition in food retail.

The average payment duration in the food industry is 60 days, and the number of payment delays remained low in 2017, with no increase expected in 2018.

Global economic momentum, which began picking up in H2 of 2016, has solidified through the year. However, now is not a time for complacency.

Overcapacity remains the main challenge, as the rebalancing of the economy from investment and export-driven growth towards private consumption continues.

The steel and metals sector remains resilient for the time being, but the market environment is turning increasingly difficult with more downside risks.

Demand from construction and automotive as key buyer sectors has been robust in 2017, and steel price increases have been pushed through the supply chain.