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The first coronavirus pandemic (Covid-19) in the Chinese city of Wuhan killed more than 125,000 people worldwide. Despite the fact that more than 6.15 million cases of infection have been registered so far, the world's health has not yet found a way to fight the virus. The coronavirus has also hit the world economy. While some sectors have suffered heavy economic losses due to the virus, some sectors have begun to make more money. Here are the sectors that have lost and gained globally due to the coronavirus:
Planes don't fly anymore ...
Airlines are among the sectors most affected by the coronavirus. According to the International Air Transport Association (IATA), the aviation industry could lose up to $ 113 billion by 2020. This figure means a 19?crease in air transport. The minimum damage was estimated at 63 billion US dollars.
Travel? The house is better ...
Travel agencies, hotels and restaurants around the world are experiencing serious problems due to the coronavirus. Due to the virus, tourist areas are empty because people are afraid to travel. Experts say the tourism industry could face the biggest crisis since the September 11, 2001 attacks. The global tourism industry costs $ 6.6 trillion, or 10% of global trade. It is estimated that only 25 million tourists in China will avoid traveling.
Exhibitions were also canceled ...
The size of the world's exhibition sector is 14 billion euros. However, dozens of fairs have been canceled to date due to the coronavirus.
Empty cinema saloons...
Because of the coronavirus, people are afraid to be in public places. For this reason, concert, theater and cinema halls were empty.
Homemade food has become more valuable ...
Hygiene is very important to protect against the coronavirus. For this reason, people do not prefer to eat outside. Restaurant and catering companies report an average 38% reduction in customers.
Empty stadiums ...
One of the areas most affected by the coranavirus was sports. In many countries, sporting events are postponed or played without spectators. Many well-known football leagues in Europe have been delayed due to the pandemic. The American Basketball League has postponed such basketball matches until an unknown date.
Unpaid loans ...
One of the sectors most affected by the coronavirus is banking. Banks are in a difficult position because most customers are unable to repay their loans. Such shares of Deutsche Bank, one of the largest banks in the world, fell by 17%. The European Central Bank is already keeping interest rates at zero.
One of the sectors that benefited from the virus was companies producing disinfection and cleaning products. These companies are already having difficulty accepting orders.
Pharmaceutical companies and pharmacies.
Pharmaceutical companies are in a race to find a cure for the coronavirus. The company that produces the vaccine first will make a lot of money. In everyday life, people flock to pharmacies to protect themselves from the coronavirus and keep the immune system strong. With long queues in front of pharmacies, drug companies are also increasing production capacity.
Food industry.
Panic caused by the coronavirus is spreading all over the world. People flock to markets and markets thinking there will be a shortage due to the coronavirus. Due to the preference for dry foods, food stocks for pasta and other cereals have been depleted. Companies operating in this field are trying to meet the demand by increasing production capacity.
Netflix, Amazon Prime, Hulu ...
Fear of the coronavirus reigns all over the world. Millions of cities have been quarantined in many countries. People prefer to stay at home because they can't go anywhere. Therefore, Netflix, Amzon Prime, Hulu, etc., which provide video services over the Internet for those who stay at home. Demand for companies such as The shares of such companies not only gained value on the stock exchange, but also brought a lot of income.
