Singapore is top trading hub of Asia

World Bank study on logistics performance puts Hong Kong at No 2

1000 domestic and international logistics companies Hong Kong logistics performance Singapore survey World Bank study

Singapore is at the top among Asia’s trading hubs in the World Bank’s third biannual study of logistics performance. The index is based on a survey of 1000 domestic and international logistics companies involved in cargo handling, distribution, shipping and warehousing in 155 countries.

The index also measures how easy and inexpensive it is to move goods through a country, including the quality of ports and rail, competence of transport companies, the ability to track goods and prevalence of bribes. Singapore scored 4.13 out of 5 while Hong Kong was just behind with 4.12.