USMCA: late payments rise as pandemic recession bites

支払動向バロメーター

  • カナダ,
  • メキシコ,
  • アメリカ合衆国
  • 農業,
  • 自動車・輸送,
  • 化学・薬品,
  • 建設,
  • エレクトロニクス・ICT,
  • 食品,
  • 金属,
  • 紙業,
  • サービス,
  • 鉄鋼

2020/07/08

The annual survey of B2B payments behaviour in the USMCA reveals a huge rise in the total value of long overdue invoices

Introduction

The USMCA Atradius Payment Practices Barometer is an annual survey of B2B payments behaviour in the US, Mexico and Canada. This year’s poll reveals a dramatic rise in the total value of overdue invoices, including a doubling of payments that are more than 90 days  overdue.

Although the COVID-19 containment measures have negatively impacted trade across the  region and each of the USMCA countries are now in recession, business confidence among  those surveyed remains high. This is in large part due to the belief that banks will continue to provide finance and that, ultimately, sales and profits will continue to grow.

Key takeaways from the report

  • Growth in credit sales favours domestic B2B customers
  • Canada bucks trend by shortening average payment terms
  • Company standards direct payment term policies
  • Late payments up and long overdues double
  • Short-term financing and disputes are leading causes of payment delays
  • Optimism prevails with businesses predicting growth

Key survey findings for the USMCA

For further insights in the B2B payment practices in each of the economies surveyed
in the USMCA, please refer to the regional report or to the dedicated reports that form the 2020 edition of the Atradius Payment Practices Barometer for the USMCA, available for download on this website.

Available reports:

  • USMCA (regional report): huge rise in late payments as pandemic recession bites
  • Canada: growth in late payments knocks business confidence
  • Mexico: does doubling of write-offs signify deep economic stress?
  • the US: industry remains positive despite deterioration in payments behaviour

Overview of B2B payment practices in the USMCA - By industry

A detailed overview of the B2B payment practices by industry in each of the markets surveyed in the USMCA is contained in the market reports that form the 2020 edition of the Atradius Payment Practices Barometer for the USMCA.

The regional report for the USMCA covers the following selected industries:

  • Agri-food
  • Chemicals
  • ICT/electronics
  • Steel/metals
  • Paper
  • Transpoort
  • Construction materials
  • Services

All content on this page is subject to our Disclaimer, available here.

免責条項

本ウェブサイトの記載事項は、一般的な情報提供のみを目的とし、何らの目的においてもこれに依拠すべきではありません。規定条件については、実際の保険契約または該当の製品・サービス契約をご覧ください。本ウェブサイトの記載事項は、買主についてのまたは利用者の代理人としてのデューデリジェンスの実施義務を含め、アトラディウス側に何らの権利、義務または責任を生じさせるものではありません。アトラディウスが買主についてデューデリジェンスを実施する場合は、当社の保険引受をその目的とし、被保険者その他の利益を目的とするものではありません。さらに、アトラディウスおよびその関連会社、系列会社、子会社は、本ウェブサイトの掲載情報の利用によって生じた直接的、間接的、特異的、付随的、結果的損害について一切の責任を負いません。