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Agility Emerging Markets Logistics Index 2023
How will the world’s emerging markets navigate possible recession and lingering effects of the pandemic, war in Ukraine, and other disruption?
45.1%
recession is certain
23.2%
recession is likely
12.6%
recession is unlikely
12.2%
little chance of recession
6.9%
expect moderate/strong growth
45.5%
Costs are 15-40% higher
28.2%
Costs are 1-15% higher
16.3%
Costs are 40%+ higher
5.3%
Costs are same as before
4.6%
Costs are lower
Emerging Markets Investing after COVID
Your company’s investment & expansion plan in emerging markets
34.1%
More aggressive
24%
Less aggressive
20.8%
Largely unchanged
17.3%
On pause/under re-evaluation
3.7%
Exiting some emerging markets
Shifting Views of China
Reasons nearly 40% say they are shifting some/all production from China
16.1%
China’s strict anti-COVID policies
13.7%
Doing business there has become more difficult
12.7%
Trade friction with U.S.
12.4%
Slowing China economy
45%
Other factors, including rising costs & regulation
6.1%
Already at net zero
22.9%
Committed & set net-zero deadline
30%
Committed but no deadline set
21.6%
Not committed but considering it
11.3%
Not committed, not considering it
8.1%
Don’t know
Digital Forwarding
Technology is maturing at scale for digital forwarders - is it enough to take market share from traditional forwarders?
Tracking / Visibility
Invoicing & Payment
Speed of Service
Where Digital Forwarders Underperform
Exception / Error Management
Value-added Services
Customer Service / Account Management
Emerging Markets Index
News Release
Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain COVID, Russia’s war in Ukraine, and the impact of climate change. They offer insights into their emerging markets expansion strategy, sustainability commitments, sourcing resiliency, use of digital forwarding, and other priorities in the 2023 Agility Emerging Markets Logistics Index, which ranks the world’s top 50 emerging markets based on their logistics infrastructure, business conditions, and digital readiness.