FedEx said its operations generated about $5.7 billion in combined direct and indirect economic impact in the Asia Pacific region in fiscal year 2025, based on its latest Global Economic Impact Report released recently.
Globally, the logistics company reported $126 billion in direct and indirect economic impact in FY25. The study was produced with Dun & Bradstreet, which provides business data and analytics. FedEx said its direct impact was higher than the average for companies with more than 100,000 employees tracked in the Dun & Bradstreet Data Cloud.
“Our culture of innovation, paired with our team’s steadfast commitment to outstanding service and bold ideas, enabled the FedEx network to continue fueling worldwide progress this past year through a rapidly evolving trade landscape and shifts in supply chains,” said Raj Subramaniam, president and CEO of FedEx Corp.
FedEx has operated in Asia Pacific (APAC) for more than 40 years and now employs tens of thousands of workers across 43 countries and territories in the region. The company connects these markets to the rest of the world through its air and ground delivery network.
According to the report, FedEx directly accounted for 0.1% of the net economic impact in APAC’s transportation, storage, and communications sector in FY25. Through its wider business activities, FedEx said it helped add $1.6 billion to the Asia Pacific economy, including $510 million to transportation, storage, and communications, and $484 million to manufacturing. Together, these activities made up the $5.7 billion total impact cited for the region.
“Asia Pacific is one of the most dynamic and diverse markets in the world,” said Salil Chari, SVP, marketing and customer experience of FedEx Asia Pacific. “It holds 60% of the world’s population and is an increasingly important driver of the global economy.”
FedEx highlighted the Philippines as an example of how logistics links can support business growth.
“In the Philippines, we’ve witnessed firsthand how reliable logistics connectivity empowers businesses of all sizes such as small and medium-size enterprises, e-commerce retailers, and large manufacturers, on the global stage,” said Maribeth Espinosa, managing director of FedEx Philippines.
The company also outlined network changes made during FY25. These include new flight routes, such as a direct round trip between Singapore and the United States, and a route connecting its Asia Pacific hub in Guangzhou to Bangalore, the UAE, Liège, and Paris. FedEx also increased flight frequency on some China to U.S. routes and opened new facilities in Bali and Thailand to support growing trade in Southeast Asia.
FedEx said its supply chain spending also supported small businesses. In 2024, 90 percent of its 100,000 suppliers worldwide were small and medium-sized enterprises. In Asia Pacific alone, the company spent $1.9 billion with suppliers, with nearly three quarters going to small businesses.
The report also pointed to greater use of digital and AI-based tools to speed up customs clearance and reduce shipping delays. FedEx said these tools aim to make cross-border shipping simpler for customers, especially small businesses expanding into global markets.