Supply chain industry executives believe a recession is coming in 2020.
This is happening amid concerns about downward pressure on global trade volumes, uncertain growth prospects and ongoing friction between the U.S and China
say a recession is “likely” or “very likely”
of 780 leaders said a recession is unlikely
These insights are from the 2020 Agility Emerging Markets Logistics Index
At the same time, most logistics executives say their companies will ride out any turbulence in trade relations between the world’s two largest economies
of those with operations in China say they will stay put and not change their business plans
Those open to moving from China favor Vietnam and India
The Index ranks 50 countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors
Top 10 Emerging Markets in 2020
- United Arab Emirates
- Saudi Arabia
The strongest clusters of emerging markets are in the Arabian Gulf and Southeast Asia, thanks to business-friendly conditions and core strengths
In the Gulf:
Among ASEAN countries:
India has the greatest potential as an emerging market, edging China.
Egypt soars in the 2020 Agility Emerging Markets Logistics Index. Structural reforms have addressed many entrenched issues and helped stabilize the economy, laying the groundwork for growth and robust private-sector participation.
On the Index, Egypt leaps six places to
For international opportunities, Egypt rose five spots to
In domestic opportunities, it jumped five places to
And in business fundamentals, Egypt rocketed ten spots to
EMERGING MARKETS INDEX
The survey of more than 780 global logistics and supply chain executives is part of the 2020 Agility Emerging Markets Logistics Index, an annual snapshot of industry sentiment and a ranking of the world’s 50 leading emerging markets by size, business conditions, infrastructure and transport connections.