The impact of Covid-19 on the economy through numbers

The impact of Covid-19 on the economy through numbers 1

Transportation, tourism

United Airlines plane at San Francisco International Airport.

More than 200,000

The total number of international flights to and from China and the number of domestic flights in the country have been canceled by airlines to prevent nCoV.

100 billion USD

Estimated revenue losses for airlines, airports and industries related to Covid-19, according to the International Bureau of Aviation – an aviation consulting firm.

75%

The March 2020 decline in travel demand to the Asia-Pacific region, excluding China, of United Airlines.

The impact of Covid-19 on the economy through numbers

Containers at the Port of Los Angeles.

25%

It is estimated that container volumes decreased in February 2020 at the Port of Los Angeles, the largest US gateway for seaborne imports from China.

90%

Percentage of Chinese exporters reporting difficulty shipping goods, according to a survey of 7,000 Chinese companies.

92%

Decline in car sales in China in the first 16 days of February 2020.

50 million USD

Estimated revenue decline of Royal Caribbean cruise ships due to Covid-19.

9.4%

The decrease in the number of tickets sold by US travel agents transacted in USD in the last week of February 2020 compared to the same period last year.

291,000

Nestlé employees have been asked to suspend all foreign business trips anywhere until March 15.

Business activities

The impact of Covid-19 on the economy through numbers

A Ralph Lauren store in Hong Kong.

0 yuan

China’s box office revenue during the recent Lunar New Year holiday.

3 billion yuan

Baowu Steel Group’s first quarter profit is forecast to decrease, due to production disruptions caused by the epidemic.

85%

Adidas’ business activity decreased from January 25 to February 19 in mainland China compared to the same period in 2019.

35-60 million USD

Under Armor revenue in the first quarter of this year decreased by 50-60 million USD, related to the outbreak of the epidemic.

The impact of Covid-19 on the economy through numbers

Employees wear masks at the Disney Resort in Shanghai on January 25.

175 million USD

Walt Disney’s loss in the current quarter, if its theme parks in Shanghai and Hong Kong are closed for two months.

25 million USD

Marriott’s revenue decline per month this year, compared to initial outlook.

100 million USD

Expected sales decrease for this quarter of chip company Nvidia due to Covid-19.

38%

Stock price growth of remote meeting software provider – Zoom Video Communications in February 2020.

Energy

The impact of Covid-19 on the economy through numbers

Brent oil price movements over the past year.

$50.52

Closing price per barrel of Brent on Friday (February 28).

500,000

The number of barrels of crude oil per day shipped to China that Saudi Arabia plans to cut by March 2020.

40%

The decline in average coal consumption at China’s major power companies in the week to February 25 compared with a year ago, according to Goldman Sachs.

Macro and other fields

The impact of Covid-19 on the economy through numbers

Volkswagen’s Bora and Magotan on display at a dealership in Pingdingshan, Henan, China.

1,000 billion USD

According to some economic experts, this number is an estimate of the potential loss in global output due to China’s suspension of production, export and consumption because of Covid-19.

eighty seven%

Percentage of member companies of the American Chamber of Commerce in Shanghai that expect the epidemic to have a negative impact on revenue.

1.1 billion USD

NBCUniversal’s advertising commitments for the 2020 Tokyo Summer Olympics, as of January 2020.

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