WASHINGTON, DC: June 29, 2016. Germany has topped the World Bank’s latest Logistics Performance Index (LPI) for the third time.
Making up the top ten countries behind Germany are Luxembourg, Sweden, the Netherlands, Singapore, Belgium, Austria, the UK, Hong Kong and the U.S.
Switzerland took 11th position while the UAE placed 13th, France 16th, China 27th, Qatar 30th, Turkey 34th and India 35th.
The latest LPI survey reflects the input of 1,200 logistics professionals who ranked 160 countries based on supply chain criteria including infrastructure, quality of service, shipment reliability, and border clearance efficiency.
The World Bank notes a March 2016 statement from the French government citing logistics as a policy concern: “France is among the highest performing economies in terms of logistics. This is a determining factor of our competitiveness. It represents 10 percent of national GDP, €200 billion turnover, and 1.8 million jobs.”
However the government added the country needed to improve in order to become a world leader as “logistics underperformance is costing our economy between €20 billion and €60 billion”.
The LPI analysis included six components to be considered by the respondents: efficiency of Customs and border management clearance; quality of trade and transport infrastructure; ease of arranging competitively priced shipments; competence and quality of logistics services; ability to track and trace consignments and the frequency with which shipments reach consignees within scheduled or expected delivery times.
The report concludes that while services are improving overall, logistics professionals are the least satisfied with rail, regardless of the countries’ income levels. On border management, Customs agencies got better ratings than all other agencies involved in the process, said the World Bank.
“Logistics performance both in international trade and domestically is central to countries’ economic growth and competitiveness,” said Anabel Gonzalez, senior director for the World Bank Group’s Trade & Competitiveness Global Practice.
“Efficient logistics connects people and firms to markets and opportunities, and helps achieve higher levels of productivity and welfare. Unfortunately, the logistics performance gap between rich and poor countries continues and the convergence trend experienced between 2007 and 2014 has reversed for the least- performing countries,” she added.
Report download here: http://lpi.worldbank.org/report