In the first half of this year, the United States frequently engaged in business with its major trading partners, and Global trade relations became more and more tense. Many foreign traders felt that the pressure of export this year was mounting. Big data also reflects this trend.——
From January to June 2019, more than 1300 cases related to loss reporting were received under the credit insurance short-term export credit insurance of Zhejiang Province, a major foreign trade province, with an increase of about 17% over the same period of last year. The amount of loss reporting increased by about 38% over the same period of last year. Overseas credit risk increased significantly.
Which market risks are the highest? We collate and analyze the data of CITIC.
Asia
The largest number of reported cases (regions): India, Bangladesh, Hong Kong, the United Arab Emirates, Pakistan, Vietnam, South Korea, Indonesia, Thailand, Sri Lanka.
Countries (regions) with the largest amount of loss reported: India, Hong Kong, United Arab Emirates, Pakistan, South Korea, Indonesia, Vietnam, Bangladesh, Thailand, Malaysia.
Countries (regions) with significant rises in risk: India, Hong Kong, Pakistan, Indonesia, Malaysia, Sri Lanka.
The highest incidence countries (regions): Sri Lanka, Pakistan, the United Arab Emirates, India.
