An increasing number of companies polled in China (+22%) have reported facing cash flow challenges due to poorer payment practices of their B2B customers.
70% of Asian companies polled anticipate a demand surge in the coming months, while showing a strong commitment to address payment challenges arising from business-to-business (B2B) trade.
MENA’s enormous trade potential is bolstered by a proactive trade shift towards fast-growing regions like Asia. This move is accompanied by a geopolitical reorientation in the same direction.
Structural trade weaknesses could prevent Latin American & Caribbean from seizing the opportunities of nearshoring, but focusing on the energy transition could be key to unlocking full potential.
The heightened payment risk is prompting businesses polled in the United States to implement a more stringent trade credit policy for B2B transactions.
Latin America's resilience is demonstrated by the stronger macroeconomic policy frameworks, improved banking supervision, and higher official reserves.
Our survey found an average 12% increase in overdue invoices during the past year, and 47% of the total value of B2B sales on credit currently remains unpaid at the due date.
To minimise the risk of incurring severe liquidity issues amid late or non-payment by B2B customers, companies polled in Romania took a wide range of measures.
A more dynamic approach to selling on credit was found among companies polled in Turkey. Payment terms offered in B2B trade were the longest across our survey of Eastern Europe.
Cash flow issues remain a major concern for companies polled in the Czech Republic, which said they spent more time and resources on chasing unpaid B2B invoices.
The Atradius Payment Practices Barometer is an annual survey of business-to-business (B2B) payment practices in markets across the world. These are the 2023 survey findings for Eastern Europe.
The electricity sector is one of the heaviest CO2 emitting sectors. Achieving net zero emissions in 2050 is going to be a daunting task, as it requires a total makeover
Austrian companies respond to poorer payment behavior of B2B customers with a clear downward trend in trading on credit and a marked shortening of payment terms.
Greek businesses shorten payment terms offered to B2B customers. This reflects concern about the cost of obtaining new credit required to fill potential liquidity gaps caused by late payments.
Nearly 40% of businesses in Finland who applied for trade credit from their suppliers said their requests were rejected. This signals a safety-first approach to trading on credit amid bank squeeze.
A strong deterioration in the trade credit risk landscape for UK companies was shown by a series of trends in our survey. One major issue was a marked increase in late payments and bad debts.
Swedish companies have strong concerns looking ahead about how they will be affected by new regulations related to European and global climate change goals.
French businesses polled across various sectors acknowledged the value-added benefits of strategic credit management in the current volatile and extremely unpredictable economic environment.
Swiss companies express anxiety about the impact of exchange rate swings on the business. They fear that it will create pressure on both export demand and on operating margins.
As the economy faces headwinds chiefly due to weak domestic demand, uncertain exports trend and high borrowings costs, Spanish businesses withstand trade credit risk to strengthen cashflow.
Dutch companies’ response to a gradual decline in payment morale of B2B customers during the past months was sharper focus on working capital management.
Sharp downward trend in B2B sales on credit of Danish companies. Key factors are weak domestic demand, strong export headwinds and enhanced perception of the risk of B2B payment default.
The Atradius Payment Practices Barometer is an annual survey of business-to-business (B2B) payment practices in markets across the world. These are the 2023 survey findings for Western Europe.
To fill temporary liquidity gaps and maintain healthy cash flow, 55% of companies polled in Belgium said they requested trade credit from their suppliers as an alternative to bank loans.
The energy transition offers benefits for fuel importers in declining their import bill. Nevertheless, not all their problems are likely to be resolved.