Pakistan is ranked among the worst countries in terms of the logistics performance index. Among 167 countries, Pakistan is ranked at 95th position. It trails behind most of the Asian countries as it spends less on infrastructure projects that include airports and highways.
India and Sri Lanka are placed at 35th and 92nd position respectively According to a report published by the State Bank of Pakistan countries including Thailand, Vietnam, Indonesia, Malaysia, and the Philippines are quite ahead of Pakistan.
Despite this ranking, it is expected that Pakistan’s performance on the infrastructure component of the Logistic Performance Index will improve. This is due to CPEC related development projects including the development of Gwadar port. It is expected that CPEC will boost the shipping industry prospects.
In order to tackle the inadequacies in other LPI components, it is important to have a concentrated policy focus.
The criteria that rank logistics performance includes international shipments, logistics competence, infrastructure, customs, timeliness, and tracking and tracing.
In four out of these six components, Pakistan’s ranking ranges between 100 and 112. In fact Pakistan ranks lowest on the ‘Tracking and tracing’ component in comparison to the selected South Asian countries.