Publikace

In 2017 the economic performance continues to be impacted by weaker demand from China and other Asian countries, but strong fundamentals remain.

Growing political uncertainty after the president´s impeachment, subdued private consumption, and lower exports to China weigh on economic growth.

Growing competition from mainland China in the electronics sector require productivity increases and a diversification of the economy in the long-term.

GDP is forecast to grow about 3% in 2017, but high household debt, inequality and low incomes will put downward pressure on consumption growth.

High growth of more than 6% in 2017, but economic fundamentals still show some weaknesses and Vietnamese businesses suffer from limited access to capital.

Gas prices have bottomed out and Atradius expects them to increase over the period up to 2021. Demand will be more moderate, but fueled primarily by China.

The demand situation is benign, but food businesses continue to suffer from margin pressure due to high labour and energy costs and stiff competition.

While German food exports continue to increase, domestic market conditions have become increasingly difficult. Overcapacity is an issue in some segments.

Smaller food retailer and wholesalers margins remain under pressure and are expected to lose further market share, while customer behaviour is changing.

The current trend of merger and acquisition towards a subsequent consolidation in the US food market is expected to accelerate in the coming years.