Trade Readiness The foundations a market has for trade growth
The trade readiness pillar reflects the extent to which a market has the foundations to support future trade growth. It is measured by improvements to physical and digital infrastructure, e-commerce and ease of doing business.
When it comes to trade readiness alone, many emerging markets are making swift progress, as governments ease conditions for doing business and make upgrades to infrastructure. Markets in Asia and Africa dominate on these metrics, with the UAE and Russia the notable exceptions. Trade giants China and India place highly, reflecting large-scale infrastructure improvements and regulatory overhauls, but smaller trading economies including Kenya and Vietnam also score well.
Watch our video to learn more about Trade20
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