Coronavirus leading to a shortage

by | Mar 4, 2020 | Blog

The coronavirus has been going on for more than a month. It has a significant negative impact on world trade and has spilled over into the many fields and markets. Many countries already in trouble as stocks are running out and struggling to get replacements. Many items, compartment, equipment, parts, etc.  are made in the Far East. No shipments from the Far East have been allowed since the end of January. Due to the dwindling sources of supply, some products are already out of stock. Due to the lack of incoming stock, it is expected to stay like that for months. At the moment, it is unpredictable when orders will be shipped again, in most cases exporters/importers cannot giving expected dates.

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