A second-half slowdown in 2011 cooled growth in virtually every region of the world at a time when regimes in Egypt, Libya, Tunisia and other Middle East countries were collapsing in the face of popular unrest. In spite of the economic slowdown and political upheaval, output in powerhouse economies such as Brazil, China and India remains high, however, and the so-called ‘Arab Spring’ countries are now viewed as being more attractive places to do business, according to the 2012 Agility Emerging Markets Logistics Index. This is sponsored by global logistics provider Agility and compiled by Transport Intelligence, a leading provider of expert research and analysis to the global logistics industry. The annual Index reviews 41 emerging
markets – from which we spotlight the top 10 countries named – and then ranks them by their investment potential and progress each year. Attractiveness is measured by: market size and growth, market compatibility (foreign direct investment, security, urbanisation and wealth distribution) and market connectedness (international and domestic transport infrastructure).
Emerging markets grow While emerging markets cannot avoid the impact of economic downturns in the US and Europe, the 2012 Agility Emerging Markets Logistics Index points to developments that are providing a cushion. Domestic demand in emerging markets such as China is rising and trade volumes between key emerging markets are growing – and offsetting declines in trade with traditional markets. Worries of overheating in Asia have
lessened – but the developing world will be the engine of global growth in 2012, offering business opportunities that few global companies can afford to ignore. The countries that dominated the Top
10 rankings in the Index continue to be those that combine size and robust growth: China ranks first, India second and Brazil third. Saudi Arabia and the UAE come in at four and five. “Emerging markets are more resilient
and independent than they’ve ever been,” said Essa Al-Saleh, Agility president and CEO, Global Integrated
independent than they’ve ever been”
Essa Al-Saleh
Logistics. “There’s growing evidence that their dependence on the established markets is diminishing as new trade lanes grow and consumer demand in huge markets like China and India gathers strength. “In the Middle East, where
we saw old regimes fall, the Index indicates that logistics professionals see the region as ‘open for business’ in a way that it wasn’t before,” remarked John Manners-
markets are more resilient and
“Emerging
Bell, chief executive of Transport Intelligence. “Emerging markets have never been
so important to the global economy,” he went on. “However, operating in these markets requires a great deal of attention and preparation as the business environment is often highly challenging.”
China pulls further ahead China and India have increased their Index scores, an indication that they have both taken steps to enhance their attractiveness as markets. China distanced itself from other emerging markets,
including second-placed India, which remained hampered by below-
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