Global chemicals industry: opportunities and challenges

Although the chemicals industry contracted slightly during the pandemic recession, new opportunities are opening up, driven by shifts in customer demand and new technologies.
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Asia: Covid scars and political rivalry

Asian trade is at a crossroads in the wake of the Covid-19 pandemic and with the US-China trade war ongoing.
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Canada: trade credit KPIs hold steady despite recession

Canadian businesses were largely downbeat when asked about their outlook for the coming 12 months, lagging far behind their USMCA peers.
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US: trade credit use on the rise amid economic distress

Particularly during times of economic distress, which many businesses have experienced during the pandemic, trade credit can act as an important tool for business growth.
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Mexico: trade credit offered to cement trade relations

The optimism expressed by the businesses we spoke to in Mexico is good reason for hope.
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USMCA: late payments affect nearly half of B2B trade

Protection from B2B trade credit risk top future concern for businesses across the USMCA region.
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UAE: DSO upward trend worries businesses

Due to increased costs of managing accounts receivable and a spike in late payments, most of the businesses in the United Arab Emirates are concerned about cash flow levels going forward.
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Taiwan: export-focused businesses express caution

The negative impact on global trade caused by the pandemic has undoubtedly had an effect on Taiwan’s export-driven economy. This may explain why businesses express caution about the coming months.
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Hong Kong: businesses brace for challenges ahead

Hong Kong businesses brace for challenges as they begin to emerge from a tough period of economic contraction.
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China: use of credit insurance on the rise

Businesses polled in China plan to mitigate customer credit risk associated with B2B trade through a more frequent use of trade credit insurance over the next months.
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Indonesia: businesses hit hard by B2B late payments

Indonesia’s more liberal trade credit policies in the year following the outbreak of the pandemic have led to an increase in late payments.
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Australia: businesses brace for an insolvency surge

Why strategic credit management becomes paramount as Australia prepares to face an upward trend in trade credit risk.
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Asia: Half of all credit sales overdue in pandemic recession

Atradius expects there to be an uptick in insolvencies during the second half of 2021. Businesses should take steps to protect their accounts receivable with a robust approach to credit management.
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View the statistical appendix.