The coronavirus outbreak is triggering seismic impacts across businesses worldwide. Here are some of its implications on the global economy in numbers. https://www.netscribes.com/the-economic-impact-of-covid-19-across-the-globe/

1. China
80,565
Republic of Korea
5,766
Italy
3,089
US
129
Iran
2,922
Japan
317
Singapore
110
France
285
Spain
200
Germany
262
1 - 15
15 - 50
51 - 100
101 - 1000
1001 - 2000
2001 and above
International
conveyance
(Diamond Princess)
706 cases
3,280
deaths
95,270
confirmed cases
Last update: March 5, 2020
Source: WHO
307
275
Top 10 countries with confirmed cases
Sales forecast impacted
1
Revenue loss across various industries
2
Forecasted GDP growth cuts across global economies
3
China’s share in global markets
4
Sectors likely to benefit from the outbreak
5
Smart Phones
TV’s
Notebooks
Monitors
Smart Speakers
Automobiles
Smart Watches
Video Game Consoles
-10.4
-4.5
-12.1
-10.1
-16.0
-8.1
-5.2
-12.3
1st Q 2020 Previous Forecast (2019) Revised Forecast (2020) % change
Unit: Million
48.8
46.6
35.0
30.7
29.0
27.5
26.6
23.2
21.0
19.3
14.4
12.1
6.9
6.2
Tourism Cruise Luxury Airline Shipping
China
1.5%
Japan
0.4%
EU
0.1%
USA
0.1%
Singapore
1%
Globally
1.3%
Automotive International
aviation
Luxury goodsRetail Oil productionSmartphone
29.08% 10.4%
33%
36.6% 5%28.34%
In India
Home ware
Apparel
Chemical
Ceramics
Sanitaryware
Engineering goods
In the US
In China
Housing
Phosphate
Brazil
Chile, Singapore
Mexico
Brazil, Mexico
Brazil, Mexico
Chile, Colombia, India
Brazil, Canada
Brazil, Columbia, India
Alternative supplier countries for major Chinese imports
Sources: 1) https://press.trendforce.com/node/view/3334.html 2) Economictimes.indiatimes.com- Asia Pacific carriers to lose $27.8 billion revenue due to coronavirus, Qz.com- Coronavirus will cost the luxury industry an estimated
$40 billion, Scmp.com- Global tourism to take a US$80 billion hit and a year to shake off the effects of coronavirus outbreak, News.yahoo.com- Coronavirus challenges $45 billion cruise industry, News.cgtn.com- Shipping industry
can face up to $1.7 bln loss in revenues amid COVID-19 3) Theguardian.com- Coronavirus ‘could cost global economy $1.1tn in lost income’, Statista.com- Coronavirus expected to put damper on global GDP growth, Economictimes.
indiatimes.com- Singapore downgrades GDP forecast to 0.5% due to coronavirus outbreak 4) Statista.com- China’s share in global vehicle production from 2008 to 2018, The evolution of China’s international aviation markets from
a policy perspective on air passenger flows MDPI, BCG China luxury digital playbook, Statista.com- Leading retailers’ share of sales in total retail e-commerce sales in China as of May 2019, Eia.gov- FAQ ‘What countries are the top
producers and consumers of oil?’, statista.com- Market share of global smartphone shipments by region/country from 2015 to 2020 5) Indiatoday.in- Coronavirus impact China’s trade: India to benefit in apparel, Economictimes.
indiatimes.com- China virus scare: Indian chemical stocks likely to gain, Moneycontrol.com- These 6 sectors likely to benefit from fast-spreading Coronavirus, Bloomberg.com- At least one commodity Could Benefit From Coronavirus:
Phosphate marketwatch.com- Here’s the segment of the economy that may benefit from fears of coronavirus, analysts say
Coinrivet.com- Bitcoin benefits as coronavirus hits Chinese economy 6) Dun&Bradstreet Business impact of the coronavirus
The economic impact of
COVID -19 across the globe
Cryptocurrency
Companies with primary suppliers in China’s most impacted regions
6
16.3%
93.8%
of Fortune 1000 companies of Fortune 1000 companies
Tier 1 suppliers
51,000firms worldwide
including
Tier 2 suppliers
5 millionfirms worldwide
including
79
countries affected
Electrical machinery, equipment, and parts
Nuclear reactors, boilers, and parts
Furniture and parts
Toys, games, and sport requisites
Plastics and plastic goods
Motor vehicles and parts
Apparel and accessories
Optical, medical, and surgical instruments