News

Brazil exports increased risk and need to pay close attention
2016-12-12

A company is a textile fabric export company in Zhejiang Province, in the past two years, exports remained at $about 40000000, the main market for Latin American countries such as Brazil. After many years of operation, A has opened up a certain market in Brazil, and in cooperation with some of the major buyers in Brazil for many years, has maintained a good business.
 
Since last year, due to the Latin American region to slow the rate of payment of buyers, A company to Brazil market risk warning caused attention, and to the Zhejiang letter of insurance coverage of export credit insurance. A company did not expect that, from the Spring Festival this year, the insurance of the 6 Brazil buyers, there are 4 buyers to pay a problem. Helpless under, A company for the first time to Zhejiang letter for help. After the Zhejiang letter of the relevant channels to ensure that the investigation found that the operation of the 4 buyers in Brazil have emerged to varying degrees, becoming the current typical buyers in Brazil".
 
According to the latest statistics of the Zhejiang letter, the first three quarters of 2016, Brazil reported losses of second in the world, Latin America, and accounted for more than 30% of the total amount of Latin America reported losses. Therefore, suggestions for export enterprises in the future to grasp the development potential of Brazil market at the same time, we must see the current risk, strengthen risk prevention awareness, reasonable arrangements for the shipment of goods.
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