ANALYSIS OF THE MODERN GOODS TRADE STRUCTURE OF UKRAINE

Author
, PhD in Economics, Associate Professor, Poltava, Pershotravnevyy, 24
, D. Sc. (Economics), Professor, Department of International Economic Relations and Tourism, Ukraine, Poltava
, PhD in Economics, Associate Professor, Department of Economic Theory and Marketing, Belarus, Vitebsk

In heading

 Economic theory;

Signed print

 27.05.2020

Issues number

 2020 - № 2 (41)

Page

 11-25

Type of articles

 Scientific article

Code UDK

 339.54.166

ISSN print

 2411-5584

Abstract

 Problem setting. International trade plays an extremely important role in the development of the world economy. In today’s socio-political context, it is relevant to study and analyze one of the important indicators of the country’s economic condition – the export and import of goods, especially for Ukraine, which is radically changing its economic policy.
Recent research and publication analysis. The problems of development and formation of foreign trade relations have been considered and developed in a number of scientific works: Ostashko T. O, Zhalba I. O. and Sobchuk N. V., Chernomaz P. A. and Chavalakh O. I., Pakhucha E. V., Filimonov Yu. L. and Leshchenko L. O., Antonyuk O., Antonyuk P. and Lisyuk V., Pavlyuk O. and Vinokurov Y., Soergel A.
Paper objective. The purpose of the article is to study the commodity structure of Ukraine’s foreign trade at the present stage of development of foreign economic relations. The object of study is the commodity structure of Ukraine’s international trade with countries of the world.
Paper main body. In today’s context, international trade plays an extremely important role in the development of both the world economy and the individual country.
The regularities of the modern stage of world trade development are: rapid growth of international trade in goods and services, uneven growth of international trade, synchronization of dynamics of world trade and world GDP, volatility of world commodity prices, increasing influence of globalization, concentration of flows of global trade, trade, and the rapid growth of world trade in services.
An analysis of the existing trends in Ukraine’s foreign trade relations indicates a significant change in the directions of Ukraine’s foreign trade in connection with the entry into force of the Association Agreement between Ukraine and the EU. During the analyzed period, the structure of export and import commodity products remained almost unchanged. The dynamics of Ukraine’s foreign trade with the countries of the world intensified. The fact of reorientation of foreign trade relations of Ukraine was established – trade with EU and Asian countries was intensified.
As the agroindustrial complex makes a significant contribution to the foreign trade of Ukraine, the state of foreign trade operations of Ukraine by agroindustrial products is considered in detail. Priority direction of trade with Asian countries was established.
It is likely that the spread of the virus crown will have a negative impact on the development of world trade relations and foreign trade in Ukraine.
Conclusions. The considered commodity and geographical structure of export-import operations of Ukraine gives an opportunity to analyze the state of foreign trade in goods, to plan its development and to determine partnership relations.
Short abstract for an article
Abstract: Ukraine’s international trade should be focused on increasing exports of processed products and extending various services to foreign consumers. Increasing the level of processing of Ukrainian raw materials should be a priority direction for export development. The main measures to strengthen the position of domestic products in foreign markets are development of marketing infrastructure, state support and expansion of sources of financing, improvement of price relations for agricultural products and other sectors of the economy.

Keywords

 world trade, foreign trade relations, commodity products, export, import,trade liberalization.

Reviewer

External reviewer

Article in PDF

 11-25

Bibliography

 1. Ostashko, T. O. (2019). Strukturni zminy u svitovii torhivli yak chynnyk rozvytku vnutrishnoho rynku Ukrainy [Structural changes in world trade as a factor of development of the domestic market of Ukraine]. DU «Instytut ekonomiky ta prohnozuvannia NAN Ukrainy», Kyiv, Ukraine [in Ukrainian].
2. Zhalba, I. O., & Sobchuk, N. V. (2018). Stan mizhnarodnoi torhivli na suchasnomu etapi rozvytku ekonomiky Ukrainy [The state of international trade at the present stage of economic development of Ukraine]. Marketynh – Marketing, I–II (69-70), 79–83 [in Ukrainian].
3. Chernomaz, P. O., & Chavalakh, O. I. (2017). Transformatsiia struktury zovnishnoi torhivli Ukrainy u zviazku z pidpysanniam Uhody pro Asotsiatsiiu mizh Ukrainoiu ta YeS [Transformation of Ukraine's foreign trade structure in connection with the signing of the EU-Ukraine Association Agreement]. Visnyk Kharkivskoho natsionalnoho universytetu imeni V. N. Karazina – Bulletin of the Karazin Kharkiv National University, 6, 82–88 [in Ukrainian].
4. Pakhucha, E. V., Filimonov, Yu. L., & Leshchenko, L. O. (2019). Strukturni zminy zovnishnoi torhivli Ukrainy ahrarnoiu produktsiieiu [Structural changes in Ukraine's foreign trade in agricultural products]. Efektyvna ekonomika – An efficient economy, 3. Retrieved from http://www.economy.nayka.com.ua /pdf/3_2019/50.pdf DOI: 10.32702/2307‑2105‑2019.3.48 [in Ukrainian].
5. Antoniuk, O., Antoniuk, P., & Lysiuk, V. (2018). Krainy Azii – holovnyi partner Ukrainy v torhivli ahroprodovolchymy tovaramy [Asian countries – Ukraine's main partner in the agri-food trade]. Ekonomika kharchovoi promyslovosti – Food Industry Economics, 10 (2). Retrieved from https://doi.org/10.15673/fie.v10i2.957 [in Ukrainian].
6. Pavliuk, O., & Vinokurov, Ya. (2020). Ekonomika v dobu «koronavirusnoi paniky»: problemy z torhivleiu, turyzmom i finansamy [Coronavirus Panic Economy: Trade, Tourism and Finance Problems]. Hromadske – Public. Retrieved from https://hromadske.ua/posts/ekonomika-v-dobu-koronavirusnoyi-paniki-problemi-z-torgivleyuturizmom-i-finansami [in Ukrainian].
7. Soergel, A. (2020). Coronavirus, Iran Conflict Among Biggest Threats to the Economy in 2020. U. S. News. Retrieved from https://www.usnews.com/news/economy/articles/2020‑02‑26/coronavirus-iran-conflict-among-biggest-threats-to-the-economyin-2020.
8. The official site of The State Statistics Service of Ukraine (2020). Heohrafichna struktura zovnishnoi torhivli tovaramy u 2019 rotsi [The geographical structure of foreign trade in goods in 2019]. Retrieved from http://www.ukrstat.gov.ua/operativ/operativ2019/zd/ztt/ztt_u/ztt1219_u.htm [in Ukrainian].
9. The official site of The State Statistics Service of Ukraine (2020). Tovarna struktura zovnishnoi torhivli u 2019 rotsi [Commodity structure of foreign trade in 2019]. Retrieved from http://www.ukrstat.gov.ua/operativ/operativ2019/zd/tsztt/tsztt_u/tsztt1219_u.htm [in Ukrainian].
10. The official site of The State Statistics Service of Ukraine (2020). Dynamika heohrafichnoi struktury zovnishnoi torhivli tovaramy [Dynamics of the geographical structure of foreign trade in goods]. Retrieved from http://www.ukrstat.gov.ua/operativ/operativ2005/ zd/zd_rik/zd_u/gs_rik_u.html [in Ukrainian].
11. The official site of The State Statistics Service of Ukraine (2020). Rehionalni obsiahy zovnishnoi torhivli tovaramy u 2019 rotsi [Regional volumes of foreign trade in goods in 2019]. Retrieved from http://www.ukrstat.gov.ua/operativ/operativ2019/zd/oet/oet_u/oet2019_u.htm [in Ukrainian].
12. The official site of Ministry of Economic Development and Trade of Ukraine (2019). Zovnishnia torhivlia Ukrainy tovaramy ta posluhamy za 2018 rik [Foreign trade of Ukraine with goods and services for 2018]. Retrieved from http://www.me.gov.ua/?lang=uk-UA [in Ukrainian].

Code DOI

 10.31359/2411-5584-2020-41-2-11

27.05.2020