{"id":12180,"date":"2021-02-10T07:30:00","date_gmt":"2021-02-10T07:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/02\/10\/asia-pacific-countries-dominate-agility-emerging-markets-logistic-index\/"},"modified":"2021-02-10T07:30:00","modified_gmt":"2021-02-10T07:30:00","slug":"asia-pacific-countries-dominate-agility-emerging-markets-logistic-index","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/02\/10\/asia-pacific-countries-dominate-agility-emerging-markets-logistic-index\/","title":{"rendered":"Asia-Pacific Countries Dominate Agility Emerging Markets Logistic Index"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p class=\"subheadline\">\n                               China, India, Indonesia, Malaysia among leaders in global logistics ranking                            <\/p>\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 10 February&#13;<br \/>\n2021 &#8211;<b>\u00a0<\/b>Asia-Pacific&#13;<br \/>\nnations lead all emerging market regions with China, India and Indonesia being&#13;<br \/>\nthe world&#8217;s top emerging markets in the 12<sup>th<\/sup> annual Agility Emerging&#13;<br \/>\nMarkets Logistics Index, a broad gauge of competitiveness based on logistics&#13;<br \/>\nstrength and business fundamentals.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The Index&#13;<br \/>\nranks 50 countries by factors that make them attractive to logistics providers,&#13;<br \/>\nfreight forwarders, shipping lines, air cargo carriers and distributors. Among&#13;<br \/>\nASEAN countries, Vietnam climbs three spots to No. 8 overall. Indonesia (3),&#13;<br \/>\nMalaysia (5), Thailand (11) are strong; the Philippines rises one spot to No.&#13;<br \/>\n21.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>China and&#13;<br \/>\nVietnam were virtually alone in the world in 2020, posting positive GDP growth&#13;<br \/>\nfor the year after being hit early by economic fallout from the COVID-19&#13;<br \/>\npandemic.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Early 2020&#13;<br \/>\nsupply disruptions in China prompted some to question whether it would&#13;<br \/>\nexperience an exodus of manufacturing by multi-nationals seeking to diversify&#13;<br \/>\nsourcing and production. But the 1,200 logistics industry executives surveyed&#13;<br \/>\nfor Agility&#8217;s Index indicate little desire to uproot from China or other&#13;<br \/>\nmarkets, preferring by a two-to-one margin to protect their supply chains by&#13;<br \/>\naccelerating adoption of digital tools and technology (41.3%) as opposed to&#13;<br \/>\npursuing multi-shoring, near-shoring or reshoring strategies (21.9%).<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Of those&#13;<br \/>\nwho would consider moving out of China, more respondents chose Vietnam as a&#13;<br \/>\npreferred production hub than any other country (19.6%). Other Asian markets &#8211;&#13;<br \/>\nIndia (17.4%), Indonesia (12.4%), Thailand (10.3%) and Malaysia &#8212; are the next&#13;<br \/>\nleading choices. Only 7.8% of industry executives say relocating production&#13;<br \/>\nfrom China would mean reshoring to their home countries.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Asia-Pacific&#13;<br \/>\nis the region that more respondents believe will recover from the global&#13;<br \/>\npandemic by the end of 2021. Of those surveyed, 55.9% predict an Asia-Pacific&#13;<br \/>\neconomic recovery in 2021; 53.1% believe Europe will rebound.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Asia Pacific experienced great turmoil in the&#13;<br \/>\nbeginning of 2020 due to the COVID-19 crisis, but it has rebounded strongly,&#13;<br \/>\nled by the powerful performance of China and Vietnam. The region is on track&#13;<br \/>\nfor a full recovery this year,&#8221; says Andy Vargoczky, SVP of Sales &amp;&#13;<br \/>\nMarketing Asia-Pacific, Agility GIL. &#8220;India, Indonesia, Malaysia, Thailand and&#13;<br \/>\nVietnam continue to improve their supply chain infrastructure and capabilities,&#13;<br \/>\nshowing why they are leaders in domestic and international logistics.&#8221; <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Across 50 countries, China, India and Indonesia&#13;<br \/>\nrank highest in the Index for domestic logistics. China, India and Mexico are&#13;<br \/>\non top for international logistics with Vietnam 4<sup>th<\/sup>, Indonesia 5<sup>th,<\/sup>&#13;<br \/>\nand Malaysia 7<sup>th<\/sup>. UAE, Malaysia and Saudi Arabia have the best&#13;<br \/>\nbusiness fundamentals.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Transport Intelligence (Ti), a leading analysis&#13;<br \/>\nand research firm for the logistics industry, compiled the Index.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><a name=\"_heading=h.gjdgxs\"\/>John Manners-Bell, Chief&#13;<br \/>\nExecutive of Ti, says: &#8220;The strength of the Agility Emerging Markets Logistics&#13;<br \/>\nIndex has always been to differentiate between those emerging markets which&#13;<br \/>\ndemonstrate resilience in the face of adversity and those which are more&#13;<br \/>\nfragile. This year is no exception. Although some &#8212; especially China and&#13;<br \/>\nVietnam &#8212; have been able to rebalance around domestic industrial and consumer&#13;<br \/>\ndemand, the majority are still highly dependent on international markets and&#13;<br \/>\ninvestment. As the COVID crisis finally unwinds over the next two years, those&#13;<br \/>\nmost resilient will bounce back the fastest. Inevitably, those which have&#13;<br \/>\nfailed to embrace market, trade, governmental and social reforms will be&#13;<br \/>\nhardest hit by the fallout from the pandemic.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>2021 Agility Emerging Markets Logistics Index: <\/b>\u00a0<b><a href=\"http:\/\/www.agility.com\/2021index\">www.agility.<\/a><a href=\"http:\/\/www.agility.com\/2021index\">com<\/a><a href=\"http:\/\/www.agility.com\/2021index\">\/2021index<\/a><\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>\u00a0<\/b><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><a href=\"https:\/\/flic.kr\/p\/2kA3AKZ\">Infographic<\/a> | <a href=\"https:\/\/vimeo.com\/508513328\"><img style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px;\" src=\"https:\/\/www.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconfinder_social_style_3_vimeo_341112.png\"\/>Video<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/64820#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China, India, Indonesia, Malaysia among leaders in global logistics ranking SINGAPORE &#8211;\u00a0Media OutReach\u00a0&#8211; 10 February&#13; 2021 &#8211;\u00a0Asia-Pacific&#13; nations lead all emerging market regions with China, India and Indonesia being&#13; the world&#8217;s top emerging markets in the 12th annual Agility Emerging&#13; Markets Logistics Index, a broad gauge of competitiveness based on logistics&#13; strength and business fundamentals. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":12181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12180"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=12180"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/12181"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=12180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=12180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=12180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}