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Bronze for Belgium in Logistics Performance Index

Belgium comes in at third place in the World Bank’s biennial Logistics Performance Index, which ranks the logistics performance of 160 countries. Only leader Germany and runner-up Sweden do better.

Belgium's excellent international freight transport and punctual delivery are key to its predictable and reliable supply chains

Internationally renowned list

The LPI score indicates the ease and efficiency of logistics chains all over the world. Since its inception in 2007, the ranking has put trade logistics firmly on the political agenda and has been embraced by policymakers and the academic community. According to the World Bank, a well-functioning logistics system is essential to the economical welfare and growth of a country.

Today, the ranking is considered the main global benchmark for the industry, allowing countries to identify the challenges and opportunities they face in their performance in trade logistics and what they can do to improve this.

How it works

The LPI score is calculated by combining quantitative logistics measurements with a large-scale global survey distributed to 1,800 logistics managers. More specifically, the ranking considers 6 indicators:

  1. The efficiency of customs and border clearance
  2. The quality of trade and transport infrastructure
  3. The ease of arranging competitively priced shipments
  4. The competence and quality of logistics services
  5. The ability to track and trace consignments
  6. The frequency with which shipments reach consignees within scheduled or expected delivery times

How did Belgium do?

Belgium outshines the competition mainly on the third and sixth indicator. The country’s excellent international freight transport and punctual delivery are key to its predictable and reliable supply chains, which in turn enhance overall logistics performance.

Indeed, uncertain lead times disrupt production and exporting, forcing firms to adopt costly strategies, like express shipping or building in redundancies. All this erodes their competitiveness within value chains that use just-in-time production. To survive and grow in the global market, countries must therefore provide the conditions for solid, steady international trade – as Belgium does so successfully.

About Belgium and Flanders

With Dutch as its official language, Flanders (Dutch: Vlaanderen) is the northern region of Belgium. The capital of both Belgium and Flanders is Brussels.

More info

LPI World Bank
Reported by
Source https://lpi.worldbank.org/international/global
26 July 2018

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