Malaysia, Bangladesh and Vietnam are among the top performers in an annual logistics industry ranking of the world’s leading emerging markets, a list dominated by China and India.

Two of the world’s fastest-growing economies, China and India sit unchanged at No. 1 and No. 2 respectively in the 50-country 2018 Agility Emerging Markets Logistics Index.

 

But Malaysia ranks No. 4 after UAE, despite the fact that at least 16 other emerging markets countries, including Indonesia, Saudi Arabia, Russia, Brazil, Turkey and Mexico, have larger economies.

 

Bangladesh, a garment-industry powerhouse with six per cent plus GDP growth for seven consecutive years, jumps four spots to No. 23 in the 2018 Index. Only Egypt – leaping from No. 20 to No. 14 – climbs more spots.

 

The economies of the Asia-Pacific region remain the most dynamic in the world,” said Essa Al-Saleh, chief executive Global Integrated Logistics. “They are growing more resilient and sophisticated as they deepen their integration and become more inter-dependent.”