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?

Likelihood of Recession in 2023

Opinion on global economic prospects for 2023

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

Agility survey of 637 global logistics executives

Higher Logistics Costs

How logistics costs compare with pre-COVID levels

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

Agility survey of 750 global logistics executives

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

Agility survey of 750 global logistics executives

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

Agility survey of 750 global logistics executives

Committed to Sustainability

Has your company committed to a net-zero target

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

Agility survey of 750 global logistics executives

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

Agility survey of 750 global logistics executives

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.