• Title/Summary/Keyword: Export & Import

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A Study on the Role of Third Party in Import and Export Management

  • Jin-Hwan KIM
    • East Asian Journal of Business Economics (EAJBE)
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    • v.11 no.2
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    • pp.39-57
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    • 2023
  • Purpose - This paper is to examine the work of a third party in the process of import and export management. In other words, the purpose of this paper is investigate the status and functional role of a third party in relation to each terms of the trade contract. Research design, data, methodology - This study consists of 5 chapters through literature survey. It will examine the involvement of the third party through each terms. Chapter 1 introduction, Chapter 2 deals with trade contracts, Chapter 3 investigates the shipping terms, payment terms, and insurance terms, and Chapter 4 reviews with commercial arbitration. And in Chapter 5, it looks at the conclusion and implications. Results - The relevant party in the import and export management process may be a third party through outsourcing, not the principal. At this time, in fulfilling each condition of trade, it can be seen that the implementation of tasks through the participation of a third party with high expertise can more smoothly and productively implement the overall import and export management. Therefore, it can be seen that the implementation of the trade business in which the third party participated can be interpreted in terms of derivative effects and at the same time can be a way to improve the principal's competitiveness procedurally. Conclusions -Through this study, in the import and export management, the performance of the work through the agent makes the entire process more smooth and efficient. Outsourcing of roles using the expertise of a third party, a subcontractor rather than a principal, is desirable and important.

Estimation on the Port Container Volume in Incheon Port

  • Kim, Jung-Hoon
    • Journal of Navigation and Port Research
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    • v.33 no.4
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    • pp.277-282
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    • 2009
  • This paper estimated the container volumes for the Incheon port with univariate time series. As best suited models Winters' additive model, ARIMA model,and Winters' additive model were selected by import-export, coastal, and transshipment volume respectively, based on the data of monthly volume by October 2008 since January 2001. This study supposed the import-export container volumes would be decreased by 14% against that in 2008 and would have been recovered to the increasing trend of the volumes beyond the fourth quarter of 2010. The future import-export and transshipment volumes showed the increasing trend beyond 2011, while the coastal volumes would be on the stagnation. The yearly container volumes were finally forecasted as 1,705, 2,432, and 3,341 thousand TEU in 2011, 2015, and 2020 respectively.

Analysis of Korea-Canada FTA's export effect (한-캐나다 FTA 수출효과 분석)

  • Kyung-Yun Yeom;Ki-Baeg Park
    • Korea Trade Review
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    • v.45 no.4
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    • pp.1-24
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    • 2020
  • This study aims to analyze the export effects of Korea-Canada FTA's tariff reduction, which was launched on January 1, 2015. First, as a groundwork, this study reviewed trade creation and trade diversion by investigating all possible cases of both initial FTA and additional FTA. The review was done by using the simple model of three countries assuming FTA means elimination of tariff. The review suggested that additional FTA doesn't have any negative impact on import country's social welfare contrary to initial FTA. In additional FTA, Trade diversion could happen between FTA partner countries, but it always increases import country's social welfare. In this sense, it can be called favorable trade diversion. Second, this study analyzed the export effects of Korea-Canada FTA using Clausing's product level model based on Canadian government import data from Korea which is not open to the public. It turned out that Korea-Canada FTA's tariff reduction boosted Canadian import growth rate from Korea. On the other hand, Canadian import growth rate from rest of the world was not negatively affected by Korea-Canada FTA's tariff reduction. Rather, it increased as Canadian import growth rate from Korea was higher. These findings implied trade creation rather than trade diversion of Korea-Canada FTA when it comes to Korea's export to Canada.

Study on the Selection of Transport Route for Import-export Container Cargo based on the Environmental Cost (환경비용을 고려한 수출입컨테이너 화물의 운송경로 선택에 관한 연구)

  • Kim, Sang-Hyun;Koh, Chang-Doo
    • Journal of Navigation and Port Research
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    • v.27 no.2
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    • pp.155-162
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    • 2003
  • In this paper, we investigate the selection of transport route for import-export container cargo based on the sacrifice model and environmental cost of transport route. At first, the sacrifice model, environmental cost of transport, the volumes and the transport share of import-export container cargo are investigated briefly. And next, the transport time and cost, the environmental cost which is caused by cargo transport are investigated for the transport of import-export container cargo from Busan Port to Seoul. And also we calculate the sacrifice of each route by using the sacrifice model including the environmental cost. Finally we decide the transport route of import-export container cargo by using the sacrifice of each transport route. From the research results, we confirm that the road transport share decreases and the coastal transport share increases when the environmental coast of transport is considered.

Study on the selection of transport route for import-export container cargo based on the environmental cost (환경비용을 고려한 수출입컨테이너 화물의 운송경로 선택에 관한 연구)

  • 김상현;고창두
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2003.05a
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    • pp.304-310
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    • 2003
  • In this paper, we investigate the selection of transport route for import-export container cargo based on the sacrifice model and environmental cost of transport route. At first, sacrifice model. environmental cost of transport, the transportation and the transport share of import-export container cargo are investigated briefly. And next, the transport time and cost, the environmental cost which is caused by cargo transport are investigated for the transport of import-export container cargo from Pusan Port to Seoul. And also we calculate the sacrifice of each route by using the sacrifice model including the environmental cost. Finally we decide the transport route of import-export container cargo by using the sacrifice of each transport route. From the research results, we confirm that the road transport share decreases and the coastal transport share increases when the environmental coast of transport is considered.

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Forecasting Export & Import Container Cargoes using a Decision Tree Analysis (의사결정나무분석을 이용한 컨테이너 수출입 물동량 예측)

  • Son, Yongjung;Kim, Hyunduk
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.193-207
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    • 2012
  • The of purpose of this study is to predict export and import container volumes using a Decision Tree analysis. Factors which can influence the volume of container cargo are selected as independent variables; producer price index, consumer price index, index of export volume, index of import volume, index of industrial production, and exchange rate(won/dollar). The period of analysis is from january 2002 to December 2011 and monthly data are used. In this study, CRT(Classification and Regression Trees) algorithm is used. The main findings are summarized as followings. First, when index of export volume is larger than 152.35, monthly export volume is predicted with 858,19TEU. However, when index of export volume is between 115.90 and 152.35, monthly export volume is predicted with 716,582TEU. Second, when index of import volume is larger than 134.60, monthly import volume is predicted with 869,227TEU. However, when index of export volume is between 116.20 and 134.60, monthly import volume is predicted with 738,724TEU.

Are Trades Related to Technology? Evidences From The Baltic States: Estonia, Latvia and Lithuania

  • MUCHDIE, Muchdie;NARMADITYA, Bagus Shandy
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.83-93
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    • 2019
  • This paper provides empirical evidences from the Baltic States on the relationship between technology and trades. In this study, regression and correlation analysis were employed an attempt to reveal the relationship between technology index and net-export coefficient, as well as the relationship between technology index and import coefficient. In this research, technology level was measured by technology index, while trades included of domestic and foreign trades; export and import. The data used for this study were collected from world input-output databases of Estonia, Latvia and Lithuania for the period 2000, 2005, 2010, and 2014. The findings remarked that the relationship between technology and domestic trade was positive and statistically significant. The result of the study implies that the higher was the technology index leads to the higher domestic transaction. Furthermore, relationship between technology and net-export was unpredictable. In year 2000, data from Estonia and Latvia showed that the relationship between variables was negative and in other years of the study, the relationship was positive. However, the relationship between variables was not statistically significant. Lastly, the relationship between technology and import was negative and statistically significant. It implies that the higher was technology index, will have a consequence the smaller was import.

An Analysis on the Competitive Structure of Fishery Products Export & Import between Korea and Japan (한ㆍ일 수산물 수출입 경쟁구조 분석)

  • 최정윤;김정봉
    • The Journal of Fisheries Business Administration
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    • v.34 no.2
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    • pp.141-164
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    • 2003
  • This study analysis the market status and competitive structure of Korean fishery in Japan import market, and derive policy implications for seeking main causes. Specifically', trade state between Korea and Japan is discovered and theoretical model is also used to analysis competitiveness between two countries. And then real measuring methods of competitive index is Introduced, the status of Korean fishery products in Japan import market is analysed totally through the study of comparative predominance and export competition. The analysis is based on the statistical methods such as RCA, RMI, and CMS. In summary, first, Korean fishery products have the comparative predominance in Japan, China and Thailand, but they have the comparative inferiority in USA, considering research results. Second, competitiveness of fishery products between Korea and in Japan import market extreme, relatively, competitiveness of Korean fishery products for Thailand's fishery products is lowest. Third, Korean fishery products maintain unconstant pattern, but competitive inputs result in increasing export to Japan generally.

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Does the Rise of the Korean Wave Lead to Cosmetics Export?

  • Park, Young-Seaon
    • The Journal of Asian Finance, Economics and Business
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    • v.2 no.4
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    • pp.13-20
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    • 2015
  • The purpose of this research is to identify the relation between the Korean wave and Korean cosmetics export. Instead of using UN COMTRADE data as with other researches on the similar studies, this paper adopts Google Trends query index with keyword 'Korean drama'as a proxy variable for cultural trade. With controlling export determining factors such as GDPs of import and export countries, distance, R&D, and FTA, this paper examines whether the Korean wave represented by Google Trends contributes to the explosive increase of Korean cosmetics export in the recent years. Moreover, this study also investigates the possible effects of the Korean wave on export that could vary according to the different trade groups by classifying import countries into two groups: 74 countries worldwide and 9 ASEAN member countries. The results reveal that the Korean wave indeed leads to cosmetics export to ASEAN countries but show weak relation with cosmetics export to worldwide.

A Study on the Electronic Clearance System of the Advanced Countries and Korea (선진국과 한국의 전자통관제도에 관한 연구)

  • Eom, Kwang-Yeol;Song, Seon-Uk
    • International Commerce and Information Review
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    • v.5 no.2
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    • pp.185-204
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    • 2003
  • Electronic Clearance System in the Advanced Countries give sane hints Clearance System in Korea to improve. It is as follows. It is necessary to enhance the economical efficiency and rapidity on clearance system. It is important to improve the conveniency of importer and export through all day services in customs. It is necessary to control export and import goods efficiently for guarantee of security. Export entry data in export country has to linked with import entry data in import country to improve speedy, correctness, and efficiency. It is necessary to solve the security problems through the use of the latest cryptograph.

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