Having drawn from the expertise of Atradius Collections' local offices, the International Debt Collections Handbook explains the different regulations and procedures for debt collections in Australia.
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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.
The sector shows good growth rates, but manufacturers active in the US are affected by the import tariffs on steel and aluminium imposed since June 2017.
Smaller automotive businesses experienced a decrease in equity, solvency and liquidity ratios - a trend that is expected continue in the coming months.
The impact of potential US tariffs on car and car-part producers would be limited, as the US is not a key market for Spanish OEMs due to their model range.
While sales in the Mexican automotive market remained subdued in the first half of 2018 car exports have increased 10%, helped by new production plants.
Due to the high export dependence any imposition of import tariffs by the US would have an adverse impact on the sector, especially for Tier 1 businesses.
Profit margins are rather high in the sector, with most businesses financially resilient enough to cope with minor volatility in demand or commodity prices.
Sales growth in the pharmaceuticals and healthcare market is supported by a robust economic outlook and increasing private and public healthcare spending.