Domestic and Foreign Trade Container Generation Measurement Based on GCM & RM Model

-- The Example of West African Countries

Abstract

As a country's economy continues to develop, the supply of materials required for the development of the country's major industries increases, and many of the products produced need to be exported abroad, which leads to greater demand for foreign trade. The increasing demand for foreign trade has led to a great development of the country's logistics industry and has also put pressure on the basic transport conditions. As domestic and international trade becomes more frequent, the domestic industry is boosted, and it is a question of how to accurately calculate and forecast the volume of containers generated for external and domestic trade. In this paper, the generation coefficient method is applied to calculate the volume of domestic and foreign trade containers generated in the study area, taking the countries of the West African region as an example, to determine their logistics needs. On the basis of this, a regression model is used to forecast the future container volumes of West African countries in conjunction with economic development trends. The forecast results can be used as a reference basis for the construction of transport infrastructure, port development and further logistics planning in the study area.