The UAE’s Superior Performance On Global Indexes

The logistics industry has presented the UAE with an opportunity to leverage its economy and enable global competitiveness. It has become the fastest-growing sector, surpassing other major (non-oil) industries in the UAE. The pandemic has also increased the scope for logistics and it has emerged as an industry with immense capability to scale.

The strategic location of the UAE has facilitated seamless logistics across the Emirates. It has established connectivity between the East and the West, making it an ideal hub for global logistics. Despite being a dynamic economy, the UAE has displayed resilient growth, thanks to its non-bureaucratic government that’s responsible for developing the transportation landscape. The UAE is currently the nerve center of progressive economies of Asia, Africa, and Europe, and its impact on global logistics is reflected in several international surveys and indexes. Take a look at where the UAE stands in global performance indexes.

The UAE has been ranked 11th on the Logistics Performance Index, according to the World Bank report 2021, measured by the Ministry of Energy & Infrastructure. It has secured this position for enhancing the quality of trade and developing logistics infrastructure in the country. On the Ease of Doing Business Index, the UAE has earned the 16th rank, as reported by World Bank (WB) and measured by the Federal Competitiveness & Statistics Authority. It has surpassed 190 leading economies in terms of providing a conducive regulatory environment for businesses. The UAE has excelled in the Efficiency of Customs Procedure Index, where it has topped the world in efficient custom clearances. The index is issued by the Global Competitiveness Yearbook and published by the IMD World Competitiveness Center.

There are certain parameters that help measure the quality of the UAE’s infrastructure support for logistics such as:

• Effectiveness of border and customs management in terms of simplicity and speed
• Quality of trade and transport infrastructure
• Ease of shipping and competitive prices
• Efficiency and quality of logistics services
• Ability to track and trace cargo movements
• The arrival of cargo to the destination on time

To gauge the UAE’s performance on the Ease Of Doing Business Index, 10 sub-indicators are used, including- starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

The customs clearance procedure in the UAE is also transparent with the Federal Customs Authority (FCA) regulating the policies. It is responsible for the enforcement of customs-related laws both within and outside the UAE. The hassle-free process of customs clearance has enabled trade with leading markets across the globe.   

The UAE has consistently ranked on the leaderboard on various international business forums/indexes. It has developed a sustainable transportation landscape connecting different parts of the world to the UAE. To know more about the UAE’s logistics landscape, check out our whitepaper

Connect with us at hello@qafila.com or contact us at +971 4 523 3933 for quick and efficient delivery of your freight across the globe.