COVID-19 Challenges Medical Equipment Supply Chains

The COVID-19 pandemic is significantly disrupting international trade as global and domestic supply chains grapple with declining trade volumes and inadequate supplies of medical goods, including personal protective equipment (such as masks, gloves and gowns), medical equipment (such as ventilators) and pharmaceuticals.

According to the World Trade Organization, global trade volumes are projected to plummet between 13% and 32% in 2020 as the pandemic disrupts normal economic activity and life around the world. In this environment, Texas importers and exporters must quickly adapt and adjust based on the fluidity of the pandemic environment and shifting governmental policies.