Today, I’m pleased to announce the launch of the 11th edition of Agility’s Emerging Markets Logistics Index. Our annual Index assesses countries’ competitiveness based on their international and domestic logistics strengths and business fundamentals, and our survey of industry professionals provides a snapshot of industry sentiment.
This year, our Index shows that logistics professionals believe in the resilience of emerging markets, despite a challenging political and economic backdrop. Almost two-thirds (64%) of industry executives anticipate a recession in 2020, while only 12% believe a downturn is unlikely.
However, most are confident that emerging markets can withstand social and political uncertainty, including the ongoing US-China trade tensions, and 70% of logistics professionals who have investments and operations in China plan to keep their projects unchanged.
The Index ranks emerging markets by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. This year, the top 10 markets are China, India, the United Arab Emirates, Indonesia, Malaysia, Saudi Arabia, Qatar, Mexico, Thailand and Turkey.
Read the report for a deeper take on critical issues impacting supply chains, commentary on the role of megacities like Delhi, Lagos and Shanghai, and the rise of Egypt and Nigeria in this year’s Index: https://www.agility.com/2020index