Top 10 countries in the list include: Vietnam, China, India, United Arab Emirates (UAE), Indonesia, Malaysia, Saudi Arabia, Mexico, Qatar and Turkey – The 11th country is Thailand.
This is an important ranking that measures the comprehensive competitiveness based on logistics power and business platforms. Accordingly, 50 countries were ranked based on their business environment, regulatory frameworks, logistics services, infrastructure, delivery time, and domestic & international logistics opportunities, etc.
China and India dominate the 2019 Agility Emerging Markets Logistics Index, ranking 1st overall and topping the domestic and international logistics opportunity rankings.
Vietnam, Indonesia and Malaysia have been selected as emerging markets with the most potential progress based on their favorable business conditions along with total value of production and supply chains. In addition, 56% of those surveyed said that the China & US trade war could benefit Southeast Asian countries because these have been containing very good conditions for alternatives to let enterprises move businesses out of China.
The report also showed that e-commerce industry has been promoting logistics opportunities in emerging markets. In fact, 60% of executives in the logistics industry said that they have been expecting that retailers would outsource their services to deliver products to buyers; 47.4% of those surveyed forecasted an increase in outsourcing for completing e-transactions in e-commerce activities.