Logistics services constitute an essential part of international
trade that usually involves progressions in communication,
transportation, logistics, finance, etc. Advances in communication
are not only vital intermediate inputs to international trade but
can also be final exports; transport services enable a country’s
participation in the entire process of exchange weakening the
‘proximity burden’; and a well functioning financial sector will
facilitate steady credit lines in trade and production network. All
of these entail associated costs in transactions for trade in goods
to their comparative advantages. Several studies conclude that more
efficient supply chains and better access to logistics services will make
a country’s trade globally competitive and create the conditions for
mutually beneficial production fragmentation across borders. As
production is increasingly shared or fragmented across borders,
simplification of trade processes and procedures would help
improve the time and costs associated with logistics.16 Nonetheless,
the importance of logistics sector policy in enhancing a country’s
trade and its production fragmentation across borders cannot be
overemphasised