earticle

영어

Air transport plays a large part in the active trade of high value-added products as the global industry’s sophistication grows. With this trend, Incheon International airport, Korea’s representative airport serving most international air transport, hit the highest record in 2016 and, is also anticipated to record a continuous increase in air cargoes in the near future. This study analyzes the trade patterns of air cargoes between Korea and its trading countries for the last 10 years by using the gravity model, and furthermore, examines the impact of economic integration and FTA on the total, export and import as well as the transhipment air cargoes respectively. The result of this study demonstrates that the pattern of air cargo trade is proportional to the overall market size of its trading countries and the level of infrastructure. In addition, ASEAN+3 and NAFTA are discovered to have a positive impact on the patterns.