Asia-Pacific
Asia-Pacific logistics activity is cooling in modest expansion at 51.4 — easing.
- Headline 51.4 (-0.6 MoM) — expansion · momentum easing.
- Breadth — 10 of 10 sub-indexes in expansion (8 weighted + 2 diagnostic); 5 rising, 5 easing this month.
- Goods for Sale led the move (+0.6); Business Volume the main drag (-1.4). The Inventory diagnostic recorded the largest single move (-1.6); it carries zero weight in the composite.
Trajectory & forecast
2-month historyAt 51.4, Asia-Pacific sits -0.3 below its 2-month average of 51.7. The March 2026 forecast points to 51.5 (+0.1 on the month).
Changes are computed from full-precision index values before rounding; readings shown at one decimal may not difference exactly. Trend classification uses the ±0.15 no-change band on unrounded values.
What changed — level vs momentum
Above the 50 no-change line; an even split of accelerating and slowing — 10 of 10 in expansion.
What's driving it — sub-index decomposition
Business Volume and Transportation carry the most weight in the composite. This month Goods for Sale added the most to the move (+0.6), partly offset by Business Volume (-1.4). The Inventory diagnostic recorded the largest single move (-1.6); it carries zero weight in the composite.
Full sub-index detail
value · weight · vs priorMacro context & peers
35 of 42 economies in expansionAsia-Pacific is benchmarked against 42 tracked economies. At 51.4 it sits above the global median of 51.3; 35 of 42 economies are in expansion this month.
Dots are coloured by region; economies above the dashed 50 line are expanding. Small open economies often sit high-and-left — strong logistics reads relative to GDP — reflecting trade-entrepôt roles.
Full ranking — all 42 economies
| # | Economy | LGI | MoM | GDP $T | Share |
|---|---|---|---|---|---|
| 1 | United Arab Emirates | 54.6 | +0.5 | 0.57 | 0.5% |
| 2 | Vietnam | 53.9 | +0.4 | 0.49 | 0.5% |
| 3 | South Africa | 53.6 | +0.4 | 0.43 | 0.4% |
| 4 | Singapore | 53.4 | +0.4 | 0.60 | 0.6% |
| 5 | Nigeria | 53.2 | +3.5 | 0.19 | 0.2% |
| 6 | India | 52.8 | +0.3 | 3.92 | 3.7% |
| 7 | Thailand | 52.6 | +0.4 | 0.58 | 0.5% |
| 8 | Poland | 52.3 | +0.4 | 1.04 | 1.0% |
| 9 | United States | 52.2 | +0.4 | 30.77 | 28.8% |
| 10 | Denmark | 52.0 | +0.5 | 0.46 | 0.4% |
| 11 | Taiwan | 51.9 | -0.9 | 0.92 | 0.9% |
| 12 | Ireland | 51.8 | +0.6 | 0.72 | 0.7% |
| 13 | Turkey | 51.8 | +0.4 | 1.60 | 1.5% |
| 14 | Saudi Arabia | 51.8 | -1.2 | 1.28 | 1.2% |
| 15 | South Korea | 51.8 | +0.3 | 1.87 | 1.7% |
| 16 | Malaysia | 51.8 | -0.7 | 0.47 | 0.4% |
| 17 | Sweden | 51.5 | +0.5 | 0.67 | 0.6% |
| 18 | Mexico | 51.5 | +0.5 | 1.83 | 1.7% |
| 19 | Australia | 51.5 | +0.3 | 1.84 | 1.7% |
| 20 | Philippines | 51.5 | -0.2 | 0.49 | 0.5% |
| 21 | Norway | 51.3 | +0.2 | 0.53 | 0.5% |
| 22 | Japan | 51.2 | +0.2 | 4.43 | 4.1% |
| 23 | Brazil | 51.0 | +0.5 | 2.28 | 2.1% |
| 24 | Indonesia | 51.0 | -0.5 | 1.45 | 1.4% |
| 25 | Spain | 51.0 | +0.5 | 1.90 | 1.8% |
| 26 | Hong Kong | 50.9 | -0.3 | 0.43 | 0.4% |
| 27 | Switzerland | 50.9 | +0.1 | 1.04 | 1.0% |
| 28 | Morocco | 50.8 | +0.6 | 0.17 | 0.2% |
| 29 | Austria | 50.8 | +0.3 | 0.58 | 0.5% |
| 30 | Canada | 50.6 | +0.4 | 2.32 | 2.2% |
| 31 | Netherlands | 50.5 | +0.3 | 1.33 | 1.2% |
| 32 | Italy | 50.5 | +0.3 | 2.55 | 2.4% |
| 33 | United Kingdom | 50.5 | +0.3 | 4.00 | 3.7% |
| 34 | China | 50.4 | +0.4 | 19.63 | 18.3% |
| 35 | Algeria | 50.2 | -0.2 | 0.27 | 0.3% |
| 36 | Germany | 49.5 | -0.3 | 5.05 | 4.7% |
| 37 | Argentina | 49.5 | -0.3 | 0.68 | 0.6% |
| 38 | Belgium | 49.5 | -0.3 | 0.72 | 0.7% |
| 39 | Israel | 49.3 | -0.3 | 0.61 | 0.6% |
| 40 | France | 49.2 | -0.3 | 3.37 | 3.1% |
| 41 | Egypt | 48.9 | -0.3 | 0.35 | 0.3% |
| 42 | Russia | 48.8 | -0.4 | 2.59 | 2.4% |
How to read this report · methodology
Diffusion scale. 50 = no change vs the prior month. Above 50 signals expansion, below signals contraction; distance from 50 measures signal strength (53 is a firmer expansion than 50.5), while the month-on-month change measures the pace, not the level.
Headline. A weighted average of 10 sub-indexes — 8 weighted into the composite (weights at right) and 2 (Logistics Cost, Inventory) tracked as 0.00-weight diagnostics. Headline = 50 + the sum of weighted contributions, so the decomposition reconciles exactly.
Why track it. As a diffusion index it turns ahead of hard trade and output statistics, which lag one to two months; each edition publishes the latest completed month plus a forecast for the next, while official data is still weeks away.
Seasonality. Reported NSA (not seasonally adjusted). To strip calendar effects (Lunar New Year, mid-year lulls, Q4 peak shipping), watch the 3-month average rather than a single month-on-month move; year-on-year comparisons become available once 12 months of history accrue.
Coverage. 2 months of history for this series. The headline and percentile refer to the latest completed month; the forecast month is the forward projection published with the edition, always drawn dashed.
Aggregation. Regions and the World are GDP-weighted across 42 economies (US$107.01T, 2025 base) — larger economies carry proportionally more weight, so an aggregate reflects the economic scale of the activity it measures.
| Business Volume | 0.22 |
| Transportation | 0.18 |
| Warehousing | 0.14 |
| Goods for Sale | 0.13 |
| Transport Capacity | 0.11 |
| Warehouse Capacity | 0.09 |
| Business Sentiment | 0.08 |
| Employment | 0.05 |
| Logistics Cost | 0.00diag |
| Inventory | 0.00diag |