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Africa is the second-largest continent by population and area globally. As per the International Monetary Fund, the GDP of the region was nearly $2.4 trillion in 2019. The region showed a growth of 3.2% in 2019 as compared to 3.4% in 2018. Earlier to the pandemic, the IMF has projected a growth of 3.8% of the region for 2020. The cases related to pandemic were comparatively less in the region. Till 11th April 2020, around 13,500 cases and 700 fatalities were registered in the region. However, as per the WHO, some countries in Africa could witness considerable growth in COVID-19 cases in the near future. The WHO has advised the African countries to increase their COVID-19 testing capacity.
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Orion Market Research Impact of COVID-19 on Africa Economy: Industry Growth, Size, Share and Forecast 2019-2025 Request a Free Report on Sample of Impact of COVID-19 on Africa Economy @ https://www.omrglobal.com/request-sample/impact-of-covid-19-on-africa-economy ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
Brazil is one of the fastest emerging economies across the globe with the nominal GDP of around $1.8 trillion in 2019 as per the International Monetary Fund. Brazil has also second-largest manufacturing sector in the Americas with industries ranging from automobiles, steel, and petrochemicals to computers, aircraft, and consumer durables. Brazil is one of the fastest emerging economies across the globe with the nominal GDP of around $1.8 trillion in 2019 as per the International Monetary Fund. Brazil has also second-largest manufacturing sector in the Americas with industries ranging from automobiles, steel, and petrochemicals to computers, aircraft, and consumer durables. However, the recent outbreak of coronavirus (COVID-19), originating from China, has put a threat to the macroeconomic stability of Brazil as well as other Latin American and the Caribbean countries. Countries of Latin America, including Brazil, have significant links to China and their economic relation with China have rapidly increased in recent decades, particularly through trade, foreign direct investment, and loans. In 2000, Latin America’s trade with China was valued at $12 billion, which increased to $306 billion in 2018. A full report description of Impact of https://www.omrglobal.com/industry-reports/impact-of-covid-19-on-brazil-economy China represents nearly 28% of total Brazilian exports, 10.5% of Argentine exports, and 32.4% of Chile’s export. Moreover, these countries export primary products such as minerals and metals, agriculture products, and fuels to China. This trade of goods has got negatively impacted due to COVID-19 spread. The report analyzes the impact of COVID-19 on the Brazil economy and major verticals across the country. China has been trading with Brazil countries for decades. Its main Brazil trading partners include Brazil, Argentina, Chile, Peru, Colombia, and Venezuela. The export of these clusters of countries is concentrated in four products including copper, soy, crude oil, and iron ore, which represent around 75% of Brazil exports. The spread of coronavirus that has led to the implementation of lockdown for people as well as businesses, will negatively impact the trade of Brazil countries with China. Moreover, verticals such as automobile, retail, mining and minerals, travel and tourism, oil industry, and others have been analyzed in the report. The oil industry is one of the industries that contribute significantly towards the economy of some Brazil countries including Brazil and Mexico. Chinese companies have also invested a significant amount of capital in the oil and gas sector of several other emerging markets including Brazil and Mexico. Owing to the faltering energy consumption in China and the rapid spread of COVID-19 across the globe, these countries too may witness some dip in their oil and gas income. Brazil and Nigeria export considerable volumes of their crude oil production to China, which is expected to drop over the short term. Further, the report analyzes the companies operating in Brazil whose business operations are significantly affected due to COVID-19. Some of these companies include AmBev, Andrade Gutierrez, Avianca Brasil SA, Braskem SA, JBS SA, PetróleoBrasileiro SA, TrollerVeículosEspeciais SA, and others. Request a Free Report on Sample of Impact of COVID-19 on the Brazil Economy@ https://www.omrglobal.com/request-sample/impact-of-covid-19-on-brazil-economy COVID-19 on the Brazil Economy at
Market Segmentation Cargo Passenger Regional Analysis North America United States Canada Europe UK Germany Italy Spain France Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Company Profiles A.P. Møller – Mærsk A/S Carnival Corp. & plc China Ocean Shipping Co. (COSCO) CMA CGM S.A. Evergreen Marine Corp. Genting Hong Kong Ltd. Hapag-Lloyd AG Hyundai Merchant Marine Co. Ltd. Mediterranean Shipping Company S.A.
Norwegian Cruise Line Holdings Ltd. Ocean Network Express Holdings Ltd. Orient Overseas Container Line Ltd. Yang Ming Marine Transport Corp. Wan Hai Lines Ltd. Royal Caribbean Cruises Ltd. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/impact-of-covid-19-on-africa-economy About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404