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Promoting Korean international trade in the East Sea Economic Rim in the context of the Belt and Road Initiative

  • Paul Tae Woo Lee
  • , Sung Woo Lee
  • , Zhi Hua Hu*
  • , Kyoung Suk Choi
  • , Na Young Hwan Choi
  • , Sung Ho Shin
  • *Corresponding author for this work
  • Zhejiang University
  • Korea Maritime Institute
  • Shanghai Maritime University
  • Shandong Normal University
  • Pyeongtaek University

Research output: Contribution to journalJournal articlepeer-review

Abstract

Purpose: The purpose of this paper is to analyze maritime logistics connectivity of ports and shipping networks in the East Sea Economic Rim (ESER) to promote international trade in the context of China’s Belt and Road Initiative (BRI), considering centrality, primary flow and clustering interaction. Design/methodology/approach: The paper applies a complex network model, using a big data system consisting of an automated identification system, electronic data interchange and distributive and complex data. Three perspectives, including connectivity in trading ports and regions, centralities in the realm of complex network and potential marketing and regional impacts, and sixteen criteria are considered for this analysis. A visual approach has been also applied to highlight port connectivity and ship flows for the reader’s convenience. Findings: The paper shows that port connectivity and maritime logistics are enablers to promote Korean international trade in Northeast China through the ESER, and 25 major ports are well connected to promote international trade in the region with visual data of ship flows by ship type and by flag. Research limitations/implications: Owing to the lack of port management information systems among the countries in the ESER except Korea and Japan, this paper could not capture cargo types and amounts on board. Port connectivity analysis shows links of the ports in the ESER to major ports in southeast Asia along the Twenty-first Century Maritime Silk Road (MSR). These results contribute to drawing policy implications to promote the ESER and provide suggestions for promoting Korean international trade by enhancing maritime logistics connectivity. Originality/value: Unlike the existing literature showing descriptive and policy-oriented research related to ESER, this paper applied a vigorous method with a big amount of data to analyze port connectivity and ship flows in the ESER, considering China’s BRI affecting the global supply chain system, maritime transportation, and logistics. In addition, the paper shows how the seaports in the ESER are connected along the MSR.

Original languageEnglish
Pages (from-to)212-227
Number of pages16
JournalJournal of Korea Trade
Volume22
Issue number3
DOIs
StatePublished - 2018.07.13

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities
  2. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • Belt and Road Initiative
  • Big data
  • Complex network
  • East Sea Economic Rim
  • Korea international trade
  • Port connectivity

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