How Africa rates in world trade
East Asian economies Hong Kong and Singapore occupy the top two positions in the Enabling Trade Index ranking, followed by Sweden and Norway, according to The Global Enabling Trade Report 2008, released by the World Economic Forum. Canada, Denmark, Finland, Germany, Switzerland and New Zealand complete the top 10 list.
The results bear witness to Hong Kong and Singapore's openness to international trade and investment as part of their successful economic development strategy. Both countries have put into place customs administrations that are highly efficient in getting goods over borders. They are also endowed with well developed transport and telecommunications infrastructures ensuring rapid transit to final destination. These attributes are further supported by business environments that are conducive to the logistics and transport industry.
Published for the first time and covering 118 economies worldwide, including many in Africa, The Global Enabling Trade Report 2008 aims to present a cross-country analysis of the large number of measures facilitating trade.
So how do 25 African nations rate? Find out here
