Atradius Survey Highlights Fragmented B2B Payment Risks in Asia
Event summary
- Atradius surveyed 2,145 suppliers across eight Asian markets, revealing a two-speed credit landscape where stronger firms sustain stable payments while weaker segments face rising strain.
- Over 80% of suppliers reported late payments, driven by customer cash flow stress and amplified by supply chain disruptions.
- Construction and trade sectors face elevated risk due to long payment cycles and complex supply chains, while manufacturing shows early signs of deterioration.
- Smaller firms are tightening terms to protect liquidity, increasing their vulnerability to economic shocks.
The big picture
Atradius's survey underscores a growing divergence in B2B payment resilience across Asia, where structural vulnerabilities in key sectors and smaller firms are masking broader risks. This fragmentation reflects deeper economic uncertainties, with firms evenly split on whether payment conditions will improve or deteriorate in the near term.
What we're watching
- Credit Fragmentation
- How the widening gap between stronger and weaker firms will impact regional credit markets.
- Sectoral Vulnerabilities
- Whether construction, trade, and manufacturing can mitigate rising payment risks amid supply chain disruptions.
- Payment Discipline
- The pace at which late payments will spread across supply chains as firms delay their own payments.
Related topics