DHL Sees Growth Between South Asia Pacific and Turkey

DHL has revealed that tradelanes between Turkey and South Asia Pacific registered some of the fastest growth in volumes last year. According to the company’s freight forwarding division, airfreight from Thailand to Turkey registered growth of over 100 percent, while Turkey to Singapore registered a 300 percent growth in volumes. In ocean freight, trade between both Malaysia and Thailand to Turkey saw a 110 percent spike in volumes.

DHL has stressed the importance of growing trade between emerging markets of Middle East and Africa (EMA) and South Asia Pacific during an annual tradelane meeting in Istanbul, Turkey where senior business representatives met to discuss emerging trends and opportunities.

Amadou Diallo, CEO, Global Forwarding South Asia Pacific, and Enver Moretti CEO, Global Forwarding Emerging Markets Region, joined the tradelane meetings and visited key customers in Turkey.

“Opportunities for increased trade between EMA and South Asia Pacific bodes well for Turkey. In airfreight, Turkey’s trade with India is expected to grow 7.9 percent per annum till 2015 ,” said Moretti.

“We see opportunities in increased trade between EMA and South Asia Pacific. In the Airfreight market, trade between EMA and India, Malaysia and Thailand will continue to dominate the airfreight market and account for over 60 percent of total trade volumes by 2015 ,” said Diallo. “By 2015, airfreight is also expected to grow by over six percent per annum for both imports and exports driven by trade in engineering goods, chemicals and life sciences and manufactured goods.”

In ocean freight, India, Pakistan and Indonesia are the largest exporters and importers, accounting for over 50 percent of ocean freight volumes between South Asia Pacific and EMA. By 2015, Ocean freight exports and imports are expected to grow 5.8 percent and 6.3 percent per annum respectively, driven by trade in manufactured goods, chemicals and life sciences, and refrigerated food.

DHL, www.dhl.com