Supply chains power shifts to emerging markets

Representing a market share of 26.1% of total global import value in 2009, emerging markets now comprise almost a third at 30.8%.  For global export value, they were responsible for 31% in 2009, which increased to 35.8% by 2012.

Over 80% of the world’s population live in these emerging markets, which represents a diverse collection of economies from China to Peru and Ethiopia to Kazakhstan.  Combined, they have witnessed impressive economic growth over the past few years in comparison to developed economies, such as the European Union and the US, and present great opportunities for logistics and transportation providers.

In its latest ‘Global Emerging Markets’ report, Ti suggests that while there are plenty of opportunities in these countries, it is not for the risk-adverse.  It cites political upheavals, such as in Egypt, natural disasters as observed in Thailand in 2011 and domestic economic issues in Brazil and India, as being among the many supply chain risks that must be taken into account.