The Impact of Busan Companies Logistics Outsourcing on their Export Performance

This paper examines Busan's exports during the global economic crisis using PSM and DID methodologies focusing on the impact of logistics outsourcing from 2017 to 2021. The findings reveal that logistics outsourcing negatively affected the export performance in key manufacturing sectors such as automotive, chemicals, and transportation equipment, primarily due to rising logistics costs and inefficiencies. These challenges were particularly pronounced in industries characterized by complex logistics networks or heavy products. Conversely, sectors such as electrical equipment and medical devices experienced positive effects, benefiting from cost savings and enhanced transportation efficiency due to their simpler logistics structures and high-value products. These results underscore the necessity for tailored strategies aimed at bolstering Busan export competitiveness in the face of ongoing economic challenges.