Do You Know Of Any High-risk Countries For Export?

- Jan 29, 2019 -

(The news from Singapore UNL Shipping & Logistics Pte Ltd ).

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In the first half of 2018, more than 2,700 retail stores were declared closed in a certain country, an average of 14 a day. Currently, 200 shopping centers are in trouble and may close at any time.

Which country do you think it is?

Is it Argentina, Turkey or venezuela?

No, it's Britain!

To the surprise of many exporters, the old rich country is also experiencing a wave of bankruptcies.In June last year, Poundworld, a well-known discount retailer in the UK, went bankrupt. At least a dozen export enterprises of daily consumer goods in ningbo alone were in arrears with the payment for goods. Even four enterprises lost nearly 7 million yuan!

Difficult environment, even the traditional market has always been reassuring crisis.

Which countries are on the export "high risk" list?

We observe the loss data of sinosure in the first three quarters of 2018 in zhejiang province, a major province in foreign trade:

In the Asian region, the number of cases and reported losses in India, Hong Kong, the united Arab emirates, Pakistan and other countries (regions) all increased significantly year on year.From the risk rate, the risk level of uzbekistan, Saudi Arabia, Indonesia, united Arab emirates, Sri Lanka, Bangladesh and other countries in Asia where the enterprises in zhejiang province export more are particularly significant.

In the European region, the number of cases and reported losses in Turkey, Italy, France, the Netherlands and other countries (regions) all increased significantly year on year.From the risk rate, Turkey, Russia and other countries risk level is relatively significant.

Africa, Morocco, Tunisia and other cases and reported losses have increased significantly.From the risk rate, Ghana, Tanzania, Tunisia, Kenya, Nigeria, Morocco and other countries are far above the global average risk level, it is suggested that the export enterprises pay special attention.

In Latin America, Brazil, Argentina, Peru and other countries saw a large increase in the number of cases and reported losses.From the risk rate, Peru, Argentina and other countries on the high risk.

Risk levels in North America and Oceania are below the global average.The amount of reported losses in North America is mainly concentrated in the United States, and the number of cases and reported losses have increased to varying degrees.

The current trends of unilateralism, trade protectionism and anti-globalization are constantly showing new manifestations, posing a serious threat to the global economy and trade.The world bank lowered its forecast for global economic growth in 2019 to 2.9 percent from 3 percent.The world trade organization lowered its forecast for the growth of global trade in goods from 4.4 percent to 3.9 percent in real terms in 2018, and further lowered its forecast for 2019 growth to 3.7 percent.

The economic situation of these countries in 2018 is relatively negative or dangerous, and it may not be easy to change immediately in 2019. Therefore, it is necessary to continue to pay attention to the trade situation of the above regions this year.Facing the complicated situation of foreign trade in 2019, the most important thing is that we must pay attention to the choice of payment method!Otherwise busy half a day, money goods two empty taste is not good!


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