Humanities & Social Sciences Communications (Aug 2024)

The impact of international logistics performance on import and export trade: an empirical case of the “Belt and Road” initiative countries

  • Weixin Wang,
  • Qiqi Wu,
  • Jiafu Su,
  • Bing li

DOI
https://doi.org/10.1057/s41599-024-03541-0
Journal volume & issue
Vol. 11, no. 1
pp. 1 – 10

Abstract

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Abstract As an important foundation of cargo transportation, logistics plays a vital role in developing international trade. Based on the international logistics performance index (LPI) and the sample data of the “Belt and Road” initiative countries from 2011 to 2022, this paper uses the extended trade gravity model to explore the impact of the logistics performance of the “Belt and Road” initiative countries on China’s import and export trade. The empirical results show that the improvement of the logistics performance level of the countries along the “Belt and Road” Initiative has a certain role in promoting the growth of China’s trade volume to the country, and the improvement of LPI has a more significant positive impact on China’s import and export to large-scale countries along the route. Finally, according to the analysis of empirical results, this paper puts forward specific suggestions to promote the development of logistics performance and import and export trade, which provides some reference value for implementing the “Belt and Road” initiative and improving national logistics and trade level.