Indonesia ranked 47th in The Enabling Trade Index 2008
— yulyanto • June 22nd, 2008
The Enabling Trade Index in the 2008 Global Trade Report published on Wednesday (18/06/08) by the World Economic Forum compares 118 countries openness and international trade capabilities.
Overall, Indonesia ranked 47th among the 118 countries. Hong Kong topped the list, followed by Singapore, Sweden, Norway and Canada. Malaysia ranked 29th, China 48, Thailand 52 and Vietnam 91.
The index sums up countries market access, border administration, transport and communications infrastructure, and business environments.
This condition is a good news for Indonesia Government and also good at attracting international trade with its relatively competitive tariff barriers, but our border controls and distribution channels create major obstacles.
However, as soon as the goods arrive in Indonesia, they are welcomed with inefficient customs administration, irregular payments and corruption at the border.
In infrastructure, Indonesia scored much lower than Malaysia, China, Thailand and India, although it was comparable to Vietnam (www.thejakartapost.com).
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