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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
Japan´s export growth will slow down due to lower global trade expansion, but domestic demand will underpin the economic expansion of about 1% in 2019.
The export sector increasingly benefits from relocation of export-oriented industries away from China, due to Vietnam’s relatively low production costs.
Private consumption and public infrastructure investments sustain Thailand´s economic growth in 2019 and 2020, but high household debt remains an issue.
Economic growth is expected to slow down somewhat in 2019 and 2020, mainly due to lower export growth and the cooling down of the Chinese economic cycle.
Due to its high dependency on international trade, South Korea is highly susceptible to global protectionism and a hard landing of the Chinese economy.
Taiwan´s economic expansion is likely to moderate in 2019 and in 2020, as both global trade growth and mainland China´s import demand have cooled down.
As many building materials are imported from the EU tariffs or limits on quantities imported after Brexit could lead to higher costs and material shortage.
The construction materials subsector clearly benefits from increased building material prices, and elevated costs are expected to persist throughout 2019.
Payment behaviour in the construction industry slowly deteriorated in 2017 and 2018, and this negative trend is expected to continue in the coming months.
L'endettement global de nombreuses entreprises de construction belges reste élevé, pendant que les banques restent plutôt réticentes à accorder des crédits à l'industrie.