A 377 billion US$ clear loss
World Bank's experts estimated at $377 billion the loss of earnings for the trade of manufactured goods due to inefficient ports and airports methods of operation. Another survey(WTO) underlined that customs transactions led on average to the involvement of more than 30 people and required about 40 documents to fill in! Considering these standard practices international trade has obviously a real progress margin.The logistics performance index(LPI) is based on a worldwide survey of operators on the ground and help countries to improve their performance.The global ranking 2012 shows that Singapore and Hong-Kong are in the lead. Finland ranks 3 and Germany and Netherlands 4 and 5.India ranks 46 among 155 countries.If on top of that we could notice a real consensus among international organizations to tackle all the restrictive practices which still curb the world trade, then the growth potential could remain considerable.Unfortunately the current trend shows a clear increase in the number of trade barrier.
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