In emerging markets, logistics systems play a critical role in shaping economic integration, the attractiveness of investment, and the potential of development. Differences in logistics performance across countries often reflect in-depth structural conditions related to institutional quality, business environment, and infrastructural capacity, which in turn create distinct development-related opportunities and challenges. This study aims to comparatively assess the logistics performance of emerging markets, in order to identify such structural conditions and their implications for development pathways. To achieve this objective, an integrated “CRiteria Importance Through Intercriteria Correlation Opportunity Losses‐Based Polar Coordinate Distance” (CRITIC–OPLO-POCOD) Multi-Criteria Decision-Making (MCDM) framework was applied to evaluate the logistics performance of 49 emerging markets with four indicators derived from the Agility Emerging Markets Logistics Index (AEMLI). The empirical results indicated that business fundamentals were the most influential determinant of logistics performance. The importance of regulatory stability, governance effectiveness, and investment climate has been highlighted. Contrasting structural opportunities and constraints were reflected by the fact that China emerged as the highest-performing country whereas Venezuela consistently ranked lowest. Robustness analysis confirmed a high degree of consistency between the proposed approach and several established decision-making methods, thus supporting the reliability of the findings. Overall, the study provided evidence-based insights into how logistics performance affected the opportunities and challenges in the development of the emerging markets, in order to offer practical implications for policy prioritization and strategic planning.