The Impact of Logistics Performance on Foreign Trade Volume

Abstract

The study addresses the logistics impact on foreign trade volume, which has a significant role in the global economy. Logistics and transportation are becoming increasingly crucial in international economic ties. The Logistic Performance Index (LPI) compares nations, giving a broad picture of customs processes, logistics costs, and the quality of the infrastructure required for overland and marine transportation. The aim of this study is to examine the relationship between logistics performance and foreign trade volume. The data of LPI and foreign trade volume are been analyzed which were obtained from World Bank data. SPSS was used In order to figure out the results, As per the analysis results, the impact of logistics performance on foreign trade volume is statistically highly significant. Consequently, it could be suggested that the logistics ability of a country triggers the increase of foreign trade volume.