The Impact of Logistics Performance on Trade Between Korea and ASEAN Countries During the Pandemic

Purpose: This study aims to analyze the impact of the Logistics Performance Index (LPI) on trade volumes between Korea and ASEAN countries using the Gravity Model. By integrating LPI with GDP, population, and geographic distance, it seeks to identify logistics efficiency's role in trade flows and provide insights to enhance trade performance and logistics systems, addressing barriers like distance and customs efficiency. Research design, data, methodology : The study utilized the Gravity Model to assess the impact of the Logistics Performance Index (LPI) on trade volumes between Korea and ASEAN countries. Key variables included GDP, population, geographic distance, and LPI, with time-series data from 2007 to 2023. The LPI was further analyzed through its subcomponents for a detailed evaluation. Results : The results indicated that GDP and LPI are primary drivers of trade growth, with customs efficiency and logistics service quality playing critical roles. Geographic distance remains a significant barrier, while efficient logistics systems and timely delivery are essential for boosting ASEAN trade. Conclusions : By incorporating the LPI, the study enhanced the traditional Gravity Model, offering a robust framework to analyze trade determinants in modern logistics. The findings emphasize improving logistics systems and sustainability to strengthen trade competitiveness in ASEAN countries.