E-Commerce Logistics Race 2023 in Southeast Asia: Singapore vs. Malaysia vs. Thailand
Boasting an international e-commerce market worth 13.5 billion, Southeast Asia is one of the most important emerging e-commerce markets on the Asian continent and in the entire world by extension. For this article, we analyze vital e-commerce trends in three of the region’s most promising markets: Thailand, Singapore, and Malaysia.
While each of these countries looks to grow their e-commerce industries, they have faced their own unique challenges. Let us delve into these issues and find out how e-commerce logistics have performed across Southeast Asia in Q1 2023.
Malaysia Had the Fastest Transit Time of 1.46 Days in Q2 2023
Of the three countries surveyed, Malaysia placed first in terms of transit time speed, recording an average of 1.46 days. Singapore placed second with 1.49 days while Thailand recorded an average of 2.43 days.
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