Assessment of The Impact of International Trade Intensity on Logistics Efficiency: A Case Study of The EAEU Countries

Abstract

Kazakhstan and the Eurasian Economic Union countries play an important role in international trade with those participating in the Chinese Silk Road Economic Belt Initiative (SREB), providing trade, transport, and transit flow for China, Asia, and Europe. This study aims to assess the intensity of international trade between the countries participating in the Silk Road Economic Belt, with particular emphasis on the Eurasian Economic Union (EAEU) and its impact on logistics efficiency. The study uses a method for assessing bilateral trade flows between countries and a regression model. Analyzing the relationship between trade intensity indicators and logistics components, the study establishes the nature and direction of this relationship. The results obtained demonstrate a positive correlation between an increase in the intensity of trade and an increase in logistics efficiency. The study reveals the positive effect of logistics efficiency on the macroeconomic indicators of foreign trade and the intensity of trade between groups of countries with varying levels of trade integration. In general, these findings highlight the need for more collaborative planning and regulation of logistics activities in the EAEU countries than in the CARs, in order to benefit from the positive effects of increased trade intensity.