Abstract
This study empirically analyzes the patterns of import and export of air cargo between Korea and EU member states. In order to understand the detailed characteristics of the air transport sector, the amount of trade was analyzed by dividing it into exports, imports, and trades. As a result of the analysis, in terms of exports, imports, and trade, both EU member states' GDP per capita and Korea's GDP showed positive directions, while EU member states' GDP and Korea's per capita GDP both showed negative directions. In addition, international oil prices and exchange rates, which were expected to have an effect on aviation trade, did not show significant results in this study. On the other hand, when applying the fixed-effect model, both the country area and the number of airports excluded from the analysis were analyzed as positive directions as a result of the Houseman Taylor analysis.