Thailand, Philippines, Argentina Emerge as 3 Supply-Chain Rising Stars as 90% of Trade Faces Higher Risk
Updated
Updated · The Business Times · Jun 25
Thailand, Philippines, Argentina Emerge as 3 Supply-Chain Rising Stars as 90% of Trade Faces Higher Risk
3 articles · Updated · The Business Times · Jun 25
Summary
Verisk Maplecroft said Thailand, the Philippines and Argentina are underused markets poised to gain bigger supply-chain roles as companies prioritize resilience over pure cost and efficiency.
More than 150 countries accounting for 90% of global trade have seen trade resilience deteriorate, while a third of the busiest ports and airports face conflict, environmental or domestic security disruption.
Thailand and the Philippines still face near-term headwinds from the Strait of Hormuz shutdown during the US-Israel conflict with Iran, but the report says longer-term investors may find both markets attractive.
Thailand's risks have fallen relative to regional peers over five years, helped by AI-driven electronics investment, while the Philippines offers a young English-speaking workforce despite corruption fallout and political infighting.
Argentina could benefit from the EU-Mercosur accord and a reciprocal trade and investment deal with the US, as Western efforts to cut China exposure create new contenders beyond Vietnam, Malaysia, Mexico and Brazil.