Abstract
This study aims to present the effects of the introduction of the Compliance Program in Korea on real trade and its implication by empirical analysis. First, through regression analysis based on the data of the amount of permitted export by CP items (HSK10 units) during the period of 2010-2016 in Korea, it is revealed that the increase in export license of CP enterprises has a relatively greater effect on the increase in total imports by item. Second, since the introduction of the rating system under the optional CP in 2014, the increase in export licenses of CP companies has had a greater impact on the total export growth by items than before. Also, it is analyzed that the increase of export permission of CP companies has a relatively less effect on the increase of total imports by item than that of total exports. The results of this empirical analysis show that CP has a positive effect on exports and imports, but it needs to be supplemented in terms of efficiency.