South Korea's logistics industry global ranking 2023, by indicator

Published by
Jang Seob Yoon,
Nov 28, 2023
In 2023, the efficiency regarding border control and customs of South Korea's logistics industry was ranked 7th best in the world by the World Bank's Logistics Performance Index (LPI). That year, the country's overall LPI ranking was among the top twenty out of 139 measured countries.

Global ranking of South Korea's logistics industry based on the World Bank logistics performance index (LPI) in 2023, by indicator

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Release date

April 2023

Region

South Korea

Survey time period

2023

Supplementary notes

The World Bank releases the logistics performance index (LPI), which compares 139 countries around the world in terms of logistics competitiveness. The LPI is the weighted average of six components:
1) efficiency of the clearance process including customs
2) trade quality and logistics infrastructure
3) ease of arranging international shipments
4) logistics competence
5) tracking and tracing of consignments
6) timeliness of delivery

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Overview

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Industry sectors

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Costs

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Leading companies

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Package delivery

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