Sustainable Trade Index 2023

Pillar-by-pillar analysis

Figure 12 Top five economies in the societal pillar

Japan also maintains the same ranking position (fifth) in this pillar, due to avoidance of goods produced by forced labor or child labor (first), social mobility (first), life expectancy at birth (second), political stability, and absence of violence (fourth) and overcoming uneven economic development (fifth). A lowering of trade in goods at risk of modern slavery also contributes to the country’s achievement in this pillar. Educational attainment (11th) and labor standards (17th) remain relatively low, the latter falling from 16th place. Another decline in Japan’s performance in the societal pillar is in government response to human trafficking in which it slightly drops from 18th place to 19th. Coincidentally, this indicator is Japan’s lowest ranking in this pillar.

2 New Zealand 98.81 1 Canada 100.00

4 United Kingdom 91.77 3 Australia 98.06

5 Japan 88.01

Figure 13 Societal pillar rankings

Russia 24

UK

4

Canada 1

S. Korea 7

Laos 19

China 25

9 US

Japan 5

Pakistan 27

Taiwan 6

Bangladesh 26

Vietnam 15 Hong Kong SAR 10

Mexico 21

India 28

Sri Lanka 13 Myanmar 30

Ecuador 16

Philippines 14

Peru 20

Thailand 12 Malaysia 17

Papua New Guinea 29 Brunei 18

Singapore 8

Cambodia 22 Indonesia 23

Chile 11

Australia

3

New Zealand 2

HINRICH-IMD SUSTAINABLE TRADE INDEX 2023

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