• Title/Summary/Keyword: Export & Import

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An Empirical Study on the Impact of Trade Facilitation on China's Export Trade

  • ZHAO, Xinyu;ZHANG, Fan
    • The Journal of Industrial Distribution & Business
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    • v.11 no.9
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    • pp.7-16
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    • 2020
  • Purpose: Many studies show that promoting the development of trade facilitation has a positive role in stimulating the country's foreign trade. Therefore, it is of great practical significance to study the development level of trade facilitation for China's export trade. Research design, data and methodology:This study analyzes the growth trend of China's export trade volume in 2009-2019, the characteristics of China's export trade market according to the top 18 major exporting countries in 2017-2018, the structure of export commodities to understand China's economic development level, and compares the total amount of trade exported to all uses this to measure the level of trade development. On this basis, this paper selects the 2011-2018 Trade Facilitation Index and C continents to study the development trend. Based on the theory of trade facilitation, this paper constructs the Trade Facilitation Index, and hina's export trade volume for empirical research. Results: The results show that trade facilitation has a positive and significant impact on the development of China's export trade. Conclusions: Based on the analysis of the actual situations and empirical results, this paper puts forward some suggestions to promote the level of trade facilitation in order to promote the development of import and export trade.

An Export and Import Effect Analysis among the Eurozone Members of Using the Euro (EU 내 단일통화(Euro) 사용이 회원국들 간 수출.입에 미치는 효과 분석)

  • Kang, Bo-Kyung;Choi, Young-Doo
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.31-47
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    • 2012
  • The Eurozone was launched to set a goal on using the single currency perfectly in 1999. Using the Euro could get rid of exchange cost and cost of Foreign exchange risk management which was approximately 1% of each member's GDP. It was possible that members has maintained a stable level of inflation and stimulate investment and employment with low interest rate. In addition, they could lead to economic growth and investment as well as increase the Euro demand in financial market. Especially, members has used the Euro as the method of payment on trade each other so that the volume of trade among the Eurozone members has increased continuously which was called "the effect of single market." This paper analyzes the correlation between using the Euro and members' export/import by using random effect estimation and fixed effect estimation. As a result, Eurozone members can get export decreasing effect of 4.68% and import increasing effect of 10.5% respectively on average by using the Euro.

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An Analysis of Container Logistics System by Computer Simulation (시뮬레이션에 의한 컨테이너 물류시스템의 분석에 관하여(BCTOC를 중심으로))

  • 유승열;여기태;이철영
    • Journal of the Korean Institute of Navigation
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    • v.21 no.1
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    • pp.1-11
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    • 1997
  • Because of the sharp increase of its export and import container cargo volumes contrast to the lack of related Container Terminal facility, equipment and inefficient procedure, there is now heavy container cargo congestions in Pusan Container Terminal. As a result of such a situation, many container ships avoid their calls into Pusan port. This is a major cause that in tum kads to weakening intemational competitiveness of the Korean industry. This study, therefore, aims are to make a quantitative analysis of Container Terminal System through the computer simulation, especially focusing on its 4 sub-system of a handling system, 'it is checked whether the current operation is being performed effectively through the computer simulation. The overall findings are as folIows; Firstly, average tonnage of the ships visiting the BCTOC was 32,360 G/T in from January '96, to may '96. The average arrival interval and service time of container ships at BCTOC are 5.63 hours and 18.67 hours respectively. Ship's arrival and service pattern at BCTOC was exponential distribution with 95% confidence and Erlang-4 distribution with 99% confidence. Secondly, average waiting time and number of ships was 9.9 hours, 235 ships(38%) among 620 ships. Number of stevedoring container per ship was average 747.7 TED, standard deviation 379.1 TEU and normal distribution with 99% confidence. Thirdly, from the fact that the average storage days of containers at BCTOC are 2.75 days (3.0 days when import, 2.5 days when export). it is founds that most containers were transfered to the off-dock storage areas with the free periods(5 days when import, 4 days when export), the reason for which is considered to be the insufficient storage area at BCTOC. Fourthly, in the case of gate in-out at BCTOC, occupied containers and emptied containers are 89% and 11% respectively in the gate-in, 75% and 25% seperately in the gate-out. Finally, from the quantitative analysis results for container terminal at BCTOC, ship's average wating time of ships was found to be 20.77 hours and berth occupancy rate(${\rho}$) was 0.83. 5~6 berths were required in order that the berth occupancy rate(${\rho}$) may be maintained up to 60% degree.

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COVID-19 and Changes in Global Value Chains of Korea (코로나19와 한국의 글로벌가치사슬(GVC) 변화)

  • Koo, Yangmi
    • Journal of the Economic Geographical Society of Korea
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    • v.23 no.3
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    • pp.209-228
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    • 2020
  • The purpose of this study is to analyze the changes in trade and industry of Korea and suggest implications from the perspective of global value chains following the spread of COVID-19. To this end, products for prevention of epidemics which is directly related to COVID-19 and IT industries with high GVC participation were analyzed. Due to the spread of COVID-19, the variation in import and export of products for prevention of epidemics was large. In the case of masks, import and export of final goods changed drastically, but the change in intermediate goods was not significant relatively. Korea's IT industry has been differentiated according to major trading partners amid overall changes in GVCs which is summarized as higher forward participation and lower backward participation. While no particular change resulted from COVID-19 has yet been made directly, the need for diversification strategies should be taken into account at a time when the production links with China and Vietnam are close and the dependence on trade with these countries is high. The COVID-19 is still in progress, requiring corporate strategies and policy efforts to respond to changes in GVCs in the post-COVID-19 era.

An Empirical Investigation on the Effect of Logistics Security in Import and Export Risk Management (물류보안이 수출입 리스크관리에 미치는 영향에 관한 실증연구)

  • Yi, Hong-Won;Kim, Jae-Bong
    • Journal of Navigation and Port Research
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    • v.38 no.3
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    • pp.317-325
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    • 2014
  • The government of South Korea has introduced various security measures in the supply chain, such as CSI (including a 24-hour rule) and AEO (Authorized Economic Operator), in compliance with global security trends and the war on terror. However, many participants in the import and export process are still unfamiliar with the purposes and functions of CSI, the 24-hour rule, and AEO. As such, considering these risks as obstacles or as factors that interfere with the import and export process, this study suggests proper management schemes, which can identify, measure and evaluate these risks.

The mediating effect of innovation and information sharing, in the relationship between the strategic supply chain and the supply chain performance of the raw material export-import firm (원자재 수출입 기업의 전략적 공급사슬지향성과 공급사슬 성과의 관계에서 혁신활동과 정보공유 활동의 매개역할)

  • Cho, Yeon Sung
    • International Commerce and Information Review
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    • v.17 no.1
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    • pp.193-214
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    • 2015
  • This study was conducted to explore the impact of the strategic supply chain orientation on the supply chain performance of raw materials export-import firms. In addition, this study analyzed the mediated effect of innovation and information sharing between the strategic supply chain orientation and supply chain performance of the firms. In the research model of this study considered the strategic supply chain orientation, innovation, information sharing and supply chain performance as the characteristics of the raw materials export-import firms by dividing the learning performance and market performance. The sample firms be analyzed were 445 firms. The 7 hypothesis including moderated effect were analyzed by using LISREL as structural equation modeling. According to the path analysis, the strategic supply chain orientation had a positive impact on the innovation activity. However, it did not have a positive influence on the information sharing. In the analysis of the mediated effect, the innovation activity of supply chain showed a full mediated effect between the strategic supply chain orientation and the information sharing. And the information sharing showed a partial mediated effect between the strategic supply chain orientation of these firms and the supply chain performance.

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Effects of the Exchange Rate and Industrial Activity on Export to and Import from the Southeast Asia Via Korean Port (환율과 경기가 우리나라의 대 동남아시아 항만 수출입에 미치는 영향)

  • Kim, Chang-Beom
    • Journal of Korea Port Economic Association
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    • v.27 no.4
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    • pp.207-218
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    • 2011
  • This paper investigates the determinants of trade on Southeast Asia via Korean ports using monthly data. I employ Johansen cointegration methodology since the model must be stationary to avoid the spurious results. Johansen(1988) and Johansen and Juselius(1990) propose two statistics for testing the number of cointegrating vectors: the trace and maximum eigenvalue statistics. The null hypothesis that there is no cointegrating vector should be rejected at the 5% level. The results indicate that there is a long-run relationship between trade and variables. This also suggests that these variables have a meaningful equilibrium relationship between trade and variables would not move too far away from each other, displaying a comovement phenomenon for the export and import. Apparently, the error correction term reflects market information in a state of disequilibrium that is bound to be corrected when moving toward the long-run level.

Empirical Analysis on the Substitutability or Complementary Nature of Export and Import among Korea, China, and Japan (한-중-일 수출입의 대체·보완성에 관한 실증분석)

  • Rhee, Hyun-Jae
    • International Area Studies Review
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    • v.15 no.3
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    • pp.215-237
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    • 2011
  • The paper is basically designed to reveal substitutability or complementary nature of export and import among Korea, China, and Japan by employing unit root test, cointegration technique, and vector error correction model(VECM). Empirical evidences are shown that the trading among these countries has been dominated by a complementary nature in the short run which enables it to promote trading in those countries. In the long run, however, the substitutability nature effects strongly to the trading among Korea, China, and Japan. To this end, it could be tentatively concluded that market-oriented trading policies are more effective to stimulate the export and import in those countries in the short run, while a trading policy has to be selectively implemented by the substitutability nature in the long run basis. For instance, a stability policy for exchange rates and various commercial policies could be set for a short term target. Whereas, the substitutability nature should be counted in building up a new industrial structure or in implementing FTA agreement among Korea, China, and Japan.

Factors that Affect Customers Satisfaction: An Empirical Study of Export-Import Service Consultant Companies in Vietnam

  • LE, Thai Thanh Dat;HO, Thi Thanh Ngan;LE, Nguyen Truc Quyen;HUYNH, Thi Khanh Tuyen;NGUYEN, Minh Tri;LUU, Thi Mai Anh;HOANG, Thi Phuong Thao;NGUYEN, Trong Luan
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.6
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    • pp.389-402
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    • 2022
  • The purpose of the study is to analyze the significant impacts of expectations, performance, complaints, and fairness that affect consumer satisfaction. The methodology involves reviewing and referencing relevant literature carefully, then proposing a model for customer satisfaction. This study is empirically based on a survey with 50 respondents who work in the field of import and export in the region stretching from the north to the south of Vietnam. The sampling method used in this study is the in-depth interview method. The results show that: (1) expectation has a specific impact on customer satisfaction, (2) performance has a positive impact on customer satisfaction, and (3) complaint which is an intermediary factor between expectation, performance, and fairness has an impact on satisfaction, (4) fairness has a positive effect on satisfaction, in addition, fairness is an extremely important feature when customers choose an import-export service. Research implies that increasing expectations, performance, and fairness results in an improved customer experience and satisfaction when they use the service. It is suggested that the complaint factor continue to be studied and looked into because it still has some effect on satisfaction and is an intermediate variable that changes how the other factors relate to each other.