The UAE registered the largest connectedness among 181 countries analyzed
The UAE has surged ahead in DHL’s Global Connectedness Report to occupy the No. 8 spot among the world’s top 10 most globalized countries. It has also registered the maximum increase in performance since 2001, securing the top spot for rising connectedness among 181 countries analyzed.
This demonstrates a heightened pace of physical and digital connectivity aimed at strengthening global supply chains and facilitating international trade.
According to the report, the MENA region remains well-connected to much of the rest of the world, not only through trade but also investment, immigration, and tourism. Even as Europe leads on trade and people flows, and North America leads on capital and information flows, MENA ranks second on trade, reflecting the importance of the oil trade, the rising prominence of the Gulf countries in trade networks more generally, and the close ties many North African countries have to Europe.
Comprehensive picture
DHL’s Global Connectedness Report draws on nearly 9 million data points and provides a unique and comprehensive picture of how goods and services, capital, information, and people are moving around the world.
The findings also suggest that despite global economic headwinds and political turmoil, global flows have proven highly resilient, growing faster than domestic activity and stretching out across greater distances. As such, there continue to be many avenues for countries to participate in international business.
Connectivity
“More specifically, the UAE has invested in expanding the scope of its connectivity by harnessing technology and introducing national-level policies that facilitate global trade and exchange and attract the right talent pool,” stated Amadou Diallo, CEO, DHL Global Forwarding Middle East & Africa.
The report also highlights a healthy appetite for international expansion, with a rise in the value of announced greenfield foreign direct investment (FDI) and publicly traded companies from most countries earning more of their sales abroad.
