Description |
According
to the World Bank Logistics Performance Index (LPI) (2012) which measures
countries’ trade logistics efficiency, Moldova, a land-locked country, was
ranked 104th out of 155 countries. The country’s performance is
below the regional average (Europe and Central Asia) and on par with the income
level average, meaning that Moldova has a less conducive climate for trade. Its
strongest logistics indicators are tracking and tracing, while its lagging ones
are quality of transport and IT infrastructure for logistics, and efficiency
and effectiveness of customs and other border procedures which adversely affect
both trade costs and reliability of cross-border movement of goods.In Moldova, no system is in
place to assign exporting companies to a corridor based on its credit history.
Which corridor the exporting entity will pass through is left up to the customs
officer’s discretion. Mostly due to the lack of efficiency in customs
procedures, Moldova lags behind its neighbours in terms of time associated with
the cross border trade. This is confirmed by the World Bank Doing Business Report (2013), which
states that exporting and importing a standard container of goods takes 32 days
and 35 days respectively, while other countries of the region take on average
25 days and 26 days.
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Logistics Performance Index – Evolution |
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