Logistics experience is closely related to e-commerce operations. Southeast Asian countries are experiencing the inevitable process of accelerated urbanization and improvement of rural basic conditions, and residents' huge demand for consumer goods and even online e-commerce continues to ferment. But the current trajectory of logistics development is still difficult to outperform e-commerce growth. Since the beginning of the year, cross-border freight has been rising. Although the root cause is the imbalance between supply and demand, each stage causes the imbalance between supply and demand.
I. E-commerce logistics scale in Southeast Asia
E-commerce is an important catalyst for logistics development in Southeast Asia. Deliveries in Southeast Asia increased from 800,000 units per day in 2015 to 5 million units per day in 2020. In India, Amazon India delivered 2.4-3.3 million units a day in 2020, with the number rising to 5.5 million at peak times.
Two, Southeast Asian countries logistics analysis
1. Indonesia
After India, Indonesia has the largest e-commerce volume in Southeast Asia. With the expansion of e-commerce capacity and logistics demand in Indonesia, players of all sizes are eager to participate in the "pie", such as international shippers, overland express providers, etc. The influx of diversified logistics players has witnessed the tremendous growth of Indonesia's e-commerce and Courier industries.
2. Malaysia
Malaysia's logistics network was once highly underdeveloped, but this fragmented industry has seen positive development in recent years. For example, Alibaba is investing in a free trade zone in Malaysia, which is scheduled to be launched in 2019 to fulfill centralized functions such as customs, warehousing and logistics. The goal is to help Malaysia become a regional logistics hub for e-commerce in Southeast Asia. In addition, Alibaba's investment in the FTZ can also be seen as a positive signal to promote Malaysia-China cross-border e-commerce.
3. Singapore
For nearly 50 per cent of Singaporeans, e-commerce logistics and delivery is the main reason holding them back from shopping online. Singapore's poorly regulated and regulated logistics market has created a huge opportunity for SingPost, the state logistics provider, but it still suffers from delivery failures and mergers. In addition, Singaporeans also pick up goods at offline delivery points to ensure that products are not mismailed or delivered late.
4, Thailand
In Thailand's 12th National Economic and Social Development Plan, the government decided to invest heavily in basic logistics and transportation facilities, aiming to reduce logistics costs as a share of GDP from 14% today to 12% by 2021 (the ratio is defined as 10% to 14% in advanced economies, the lower the better).
5, and Vietnam
Logistics costs are high in Vietnam, accounting for about a fifth of GDP. The Vietnamese government is implementing various policies and logistics development plans aimed at bringing more business opportunities to international investors. The government is developing links between roads and seaports, and actively constructing economic corridors and hubs with railway lines. However, the high proportion of COD (51%) preference in Vietnam is reducing the operating income of e-commerce.