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4Logistics Industry Challenges for Hong Kong’s Figure 11. Percentage share of merchandisetrade of GDP among worldeconomies (2018)Figure 12. World Bank's Logistics PerformanceIndex (2018)% of GDP0P00 0%00050%Hong KongSingaporeVietnamNetherlandsGermanySouth KoreaUnited KingdomMainland ChinaUnited StatesIndiaSource: World BankLogistics Performance Index by World Bank considers six factors: Customs, Infrastructure, International shipments, Logistics competence, Tracking &tracing, and Timeliness.Note:12thScore3.73.83.94.04.14.2 GermanySwedenBelgiumAustriaJapanNetherlandsSingaporeUnited KingdomHong KongFinlandUnited Arab EmiratesDenmarkHong Kong has long been an international logistics centre in the past, but it would be naive to say that the city will keep its prime status without breaking a sweat, as its logistics industry is currently facing challenges arising from both internal and external events.The gap between Hong Kong’s logistics demand and performance24