• Title/Summary/Keyword: Export ans Import Amount

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Synchronization Phenomenon of Imports & Exports Trade Volume, Imports & Exports Amount, Trade Balance of ICT (ICT 산업의 수출입 물동량과 수출입액, 무역수지의 동조화현상)

  • Choi, Jeong-Il
    • Journal of Convergence for Information Technology
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    • v.10 no.5
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    • pp.92-100
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    • 2020
  • The purpose of this study is to analyze the relationship between export weight, import weight, export amount, import amount, and trade balance of ICT industry. The data used were gathered from the Korea Customs Service trade statistics. The analysis period used annual data for 19 years from 2000 to 2018. The change rate analysis was shown in order of trade balance, export amount, import amount, import weight and export weight. The increase rate analysis showed that the trade balance was the highest at 919%.. In the correlation analysis, the trade balance and export amount were 0.95, showing the highest correlation coefficient. As a result of the regression analysis, the export amount for the trade balance, the dependent variable, was Coefficient 2.37, which was positive(+). Each variable is changing independently of one another. Since 2000, the trade balance of the Korean ICT industry has led 84% of Korea's total trade balance. In the future, Korea's ICT industry should be further developed for Korea's economic development, and exports should be further increased to increase the trade balance. In the next paper, we will try to find a field that can be specifically developed by subdividing the ICT industry.