scholarly journals Foreign Trade Relations of Ukraine with the EU Countries: State, Trends and Development Priorities

2021 ◽  
pp. 81-91
Author(s):  
I. Mytsenko ◽  
◽  
M. Sukhomlyn ◽  
O. Yurchenko ◽  
◽  
...  
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
The State ◽  
Polymer Materials ◽  
The European Union ◽  
Barriers To Entry ◽  
Association Agreement ◽  
Eu Countries ◽  
Trade Relations ◽  
The Eu

In modern conditions, the involvement degree of any country in the international economic relations is determined to a significant extent by the state of its foreign trade activities. For Ukraine, the European Union is a key trading partner. The signing of the Association Agreement with the EU provided Ukrainian producers with the opportunity to increase their presence in European markets, but at the same time it was accompanied by a number of problems and risks. The main ones are tariff quotas and high technical barriers to entry into the EU market. This study aims to analyze the state and development trends of foreign trade relations between Ukraine and the EU under the conditions of the Association Agreement and the resulting benefits and risks for domestic producers and, on this basis, substantiate the priorities of deepening these relations, taking into account national interests as a prerequisite for increasing the competitive economy of Ukraine. It was found that Ukraine has the potential to enhance export opportunities in general and with the European Union in particular. Amendments to the Association Agreement, the signing of the ACAA Agreement is a necessary institutional framework, a driver that will allow Ukraine to intensify, deepen and diversify its trade activities with the EU countries. It was revealed that raw materials prevail in the structure of Ukraine's merchandise exports to the EU, however, compared to 2013, its share has significantly decreased - by 14.3%. The structure of Ukraine's merchandise imports from the EU is more diversified, it is based on engineering and pharmaceutical products, as well as mineral products, polymer materials and plastics. The share of these products in the total volume of Ukraine's merchandise imports during 2013-2020 remains high and ranges from 54-56 %. Such trends testify to the import dependence of the Ukrainian economy and require an urgent solution. Based on the results of the analysis, it was determined that machinery-producing industries are promising from the point of view of further increasing the export opportunities of Ukraine to the EU. To support and develop them, it is proposed to carry out systematic and systematic measures, taking into account the obligations that Ukraine assumed by signing the Association Agreement with the EU. Special economic zones, science parks, technology parks and clusters are considered as tools to support the export potential of domestic engineering and the economic potential of the national economy. The effectiveness of these structures has been confirmed by numerous studies and successful international experience.

scholarly journals INTERNATIONAL ECONOMIC RELATIONS OF UKRAINE AND THE EU

10.23856/3007 ◽  
2018 ◽  
Vol 30 (5) ◽  
pp. 76-82
Author(s):  
Kateryna Slyusarenko ◽  
Irina Maksymova ◽  
Anastasiia Beskrovna
Keyword(s):  
International Economic ◽  
European Union ◽  
Foreign Trade ◽  
The European Union ◽  
Association Agreement ◽  
Economic Relations ◽  
Eu Countries ◽  
Trade Relations ◽  
International Economic Relations ◽  
The Eu

Foreign trade relations between Ukraine and the EU are developing under the terms of the Association Agreement coming into force. The article presents both positive and negative sides. The dynamics of foreign trade between Ukraine and the EU countries is analyzed, Ukraine's export and import structure is represented, as well as the proposed priorities of the development of foreign economic relations between Ukraine and the European Union

scholarly journals The European Integration Challenges of Ukraine

2020 ◽  
Vol 10 (513) ◽  
pp. 14-21
Author(s):  
O. V. Kuklin ◽  
◽  
R. F. Pustoviit ◽  
M. Y. Kryvoruchko ◽  
◽  
...  
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
European Integration ◽  
The European Union ◽  
Association Agreement ◽  
Trade Relations ◽  
Eu Member States ◽  
High Level ◽  
The Impact ◽  
The Eu

The article is concerned with an analysis of Ukraine’s European integration challenges, which are considered from the position of the effectiveness of foreign trade, as well as in light of the institutional challenges of the European integration course. According to the results of research, both the dynamics and the structure of Ukraine’s foreign trade relations with the EU Member States, the CIS and Asia countries are analyzed. It is defined that the focus on the European Union market prevented domestic exporters from reaching the pre-crisis levels of 2013. The resource nature of the national exports to the EU is underlined. The high level of interdependence in the sphere of foreign trade relations with former partners of Ukraine in the CIS – the Russian Federation and Belarus, especially in the field of imports of fuel and energy resources, and export of nuclear reactors, boilers, machines, railway locomotives, products of inorganic chemistry, is emphasized. It is determined that Ukraine’s implementation of the Ukraine-EU Association Agreement is at a low level of 43%. The authors characterize the main tendencies in Europe as to the quality of life of the population on the basis of two indicators - the proportion of households that barely make ends meet (Bulgaria, Greece, Croatia, Cyprus, Portugal, Romania), and have unsatisfactory living conditions (Cyprus, Latvia, Hungary, Portugal, Slovenia) - the values of which are much higher compared to the average level in the EU. The general conclusion on the ambiguity of the issue of the effectiveness of the national economy’s orientedness toward the market of the European Union has been drawn. The need to take into account the multi-vector nature of the modern globalized world in the process of researching the impact of European integration on the economic development of Ukraine is reasoned.

Foreign trade relations of the European Union against the background of increasing turbulence (results 2019, on the threshold of 2020)

2020 ◽  
pp. 52-66
Author(s):  
I. Gladkov
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
The European Union ◽  
Commodity Trade ◽  
International Commodity ◽  
Trade Relations ◽  
Noticeable Increase ◽  
The World ◽  
Expert Forecasts ◽  
The Eu

The article analyzes the current changes that have occurred over the past five years in the dynamics, geographical and commodity structure of foreign trade relations of the European Union (the EU) as the largest collective entity in the system of modern international commodity trade. The EU was able to maintain its dominant position in the world commodity exchange quite effectively, despite the increase in a number of adverse external factors, such as General "turbulence", the expansion of the zone of protectionist and sanctions measures, and trade conflicts in international commodity trade. The worldwide spread of a new viral infection in early 2020 also made a significant contribution to the noticeable increase in tension in the world economy. This process has acted as a so-called "black Swan", that is, a kind of catalyst that contributes to the approach of the next General cyclical crisis, which was expected by experts of the largest international structures in 2019. It is worth noting that the scale of this challenge has yet to be assessed, since the latest expert forecasts suggest a much more modest reduction in the main indicators of world economic evolution. The author provides up-to-date statistical materials and numerous calculation data that are being introduced into the domestic scientific circulation for the first time.

FOREIGN TRADE IN LAMB MEAT BETWEEN EUROPEAN UNION COUNTRIES

2019 ◽  
Vol XXI (3) ◽  
pp. 379-389
Author(s):  
Tomasz Rokicki
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Lorenz Curve ◽  
The European Union ◽  
Concentration Coefficient ◽  
Eu Countries ◽  
Eu Member States ◽  
Lamb Meat ◽  
Research Period ◽  
The Eu

The main purpose of the paper was to present foreign trade in lamb meat concerning exchanges between the countries of the European Union. In a targeted manner, all EU member states were selected for research as of 31/12/2018 (28 countries). The research period concerned the years 2005-2018. The sources of materials were literature and Eurostat data. For analysis and presentation of materials, descriptive, tabular and graphical methods, dynamics indicators based on a constant and variable basis, the Gini concentration coefficient, Lorenz curve concentration analysis and Pearson’s linear correlation coefficient were applied. The export of lamb meat in relation to other EU countries accounted for over 90% of total export of this type of meat. In the case of imports, it was just over 50%. There were countries only selling to other EU countries and those with buyers from outside the EU. The situation was similar in import. The concentration of lamb meat export and import decreased, faster for imports. There were also positive average relationships between foreign trade in lamb meat in relations with other EU countries and basic economic parameters.

scholarly journals Foreign Trade of the European Union : Dominant Fluctuations

2019 ◽  
pp. 34-43 ◽  
Author(s):  
I. S. Gladkov
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
The United States ◽  
Trade Association ◽  
The European Union ◽  
Commodity Trade ◽  
International Commodity ◽  
Trade Relations ◽  
Positive Balance ◽  
The Eu

The article analyzes the most important changes that have taken place over the past five years in the dynamics and geographical structure of foreign trade relations of the European Union (EU) as the largest entity in the system of modern international commodity trade. It is shown that, despite such rather unfavorable external factors as the increase in general turbulence in world commodity trade, the expansion of the zone of protectionist and sanctions measures, trade conflicts, the EU was able to maintain its dominant position in international commodity exchange. At the same time, the European Union has pushed the main competitors, as the latest statistics show a significant decrease in the share of the North American free trade Association (NAFTA, consisting of the United States, Canada, Mexico) and Japan in international exports. Continuing to pursue a balanced foreign trade policy, the EU used its traditional instruments not only to increase its activity in general and outside the European region, but also to maintain a positive balance of foreign trade. In addition, there are hopes for the resumption of goodneighbourly trade relations between the European Union and the Russian Federation, which have been complicated in recent years by the introduction and extension of sanctions measures by the EU and Russia's response. The author presents new statistical materials, numerous calculated data, for the first time introduced into the domestic scientific circulation.

scholarly journals Comparative advantages in Polish export to the European Union — food products vs selected groups of non-food products

2018 ◽  
Vol 9 (2) ◽  
pp. 287-308
Author(s):  
Iwona Szczepaniak
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Value Added ◽  
Food Products ◽  
The European Union ◽  
Food Sector ◽  
Eu Countries ◽  
Comparative Advantages ◽  
Research Period ◽  
The Eu

Research background: Globalisation and economic integration are the reasons for which the competitiveness of economic entities is analysed more and more often in the context of their relations with the international market. One of the ways to assess the competitiveness of the Polish food sector is an analysis of comparative (relative) advantages in the export of this sector’s products. Purpose of the article: The objective of this paper is to assess comparative advantages in Polish export of food products to the European Union against a background of selected groups of non-food products. Methods: The study used the B. Balassa’s revealed comparative advantage (RCA) index. The study is preceded by a brief review of foreign trade results. The source of data was the WITS-Comtrade commercial database. The analysis was carried out at the level of the HS sections (in commodity terms). The research period covered the years 2003–2015. Findings & Value added: In the years 2003–2015, export of food increased nearly six times and its import — more than 4.5 times. The major partners of Poland as regards trade in food were the EU countries. The food sector was one of few sectors of the economy with the positive trade balance. Polish export to the EU was characterised by a diversified level of comparative advantages. From among 20 HS sections, in 2015 Poland had comparative advantages in export to the EU countries for products from 10 sections (2 food and 8 non-food). Those products accounted for 11% and 70% of Polish export to the EU, respectively. The development of Polish foreign trade in food products during the Polish membership in the EU as well as fairly high comparative advantages in the export of these products to the EU indicate the competitiveness and significant importance of the Polish food sector for the national economy.

scholarly journals The current state of investment and financial cooperation between Ukraine and the European Union

2020 ◽  
pp. 183-191
Author(s):  
Tetiana Rybakova
Keyword(s):  
European Union ◽  
European Integration ◽  
Financial Support ◽  
The State ◽  
Investment Climate ◽  
The European Union ◽  
Financial Cooperation ◽  
Eu Countries ◽  
Current State ◽  
The Eu

Relevance of research topic. Nowadays the Ukraine's relations with the European Union are extremely important. European integration for Ukraine is a strategic choice for the future, and it makes a great influence on the place and role of the state in the new system of international relations, including economic, monetary and financial ones. Formulation of the problem. Ukraine's reform agenda is comprehensive and requires significant financial resources that cannot be raised solely from domestic sources. This determines the importance of attracting foreign funds, including those from the EU as a strategic partner of Ukraine, as well as the creation of a favourable investment climate and therefore the intensification of foreign investment. Analysis of recent research and publications. In the background of Ukraine's European integration intentions, a significant number of scientists study the problems and prospects of investment and financial cooperation between Ukraine and the EU. This cooperation is the subject of constant monitoring by European government agencies and central executive bodies of Ukraine as well. Selection of unexplored parts of the general problem. In the conditions of unstable global political and economic environment, new challenges in the region and the extreme dynamism of investment and financial processes, it is necessary to conduct the research reflecting the current state of investment and financial cooperation between Ukraine and the EU. Setting the task, the purpose of the study. Highlighting the state of investment and financial cooperation between Ukraine and the EU at the current stage of Ukraine's European integration. Method or methodology for conducting research. System and structural approach, method of logical analysis, statistical method, method of graphic analysis, method of comparison, method of structuring. Presentation of the main material (results of work). The paper describes the political background for investment and financial cooperation between Ukraine and the EU. The analysis of foreign direct investments in Ukraine by countries of origin and by areas of attraction is carried out; the dynamics of direct investments from EU countries in Ukraine's economy for 2010-2019 is described. The current state of application of the valid instruments of investment and financial support given to Ukraine by the EU is analyzed. The areas of priority attention in the process of implementing reforms in terms of attracting the investment from the EU are identified. The field of application of results. Research of Ukraine’s European integration problems, educational process (in the preparation of the relevant sections of textbooks and tutorials for courses “International Economics”, “Global Economics”, “Finance”). Conclusions according to the article. The EU sustainable financial support covers many sectors of the economy and public life in Ukraine, including agriculture, infrastructure, transport and energy, small and medium-sized enterprises, as well as democratic reforms, overcoming the effects of the COVID-19 pandemic, research and innovation, the environment, support for military conflict victims, etc. The EU supports Ukraine through various instruments, including macro-financial assistance, the European Financial Institutions (EBRD and the EIB), bilateral support from EU member states, the EU External Investment Plan, the European Neighbourhood Instrument, and the Instrument contributing to Stability and Peace. The volumes of EU foreign direct investment in Ukraine still remain low, and their structure by country of origin is not optimal. It is important for Ukraine to attract investments from the most developed EU countries, which is possible only if an attractive investment climate is formed, and the rule of law and the fight against the corruption are ensured.

scholarly journals ANALYSIS OF UKRAINE’S INTERNATIONAL TRADE IN THE EUROPEAN UNION

2019 ◽  
Keyword(s):  
European Union ◽  
International Trade ◽  
Foreign Trade ◽  
Free Trade ◽  
Free Trade Area ◽  
Trade Agreement ◽  
The European Union ◽  
Association Agreement ◽  
Business Entities ◽  
The Eu

Ukraine's foreign trade is one of the most important means of increasing the state budget, and the European Union is the strongest global economic organization, the largest and best regional market in the world. Therefore, the study of the problems of economic cooperation between Ukraine and the EU in the context of wide and favorable access of domestic enterprises products to the EU markets is becoming increasingly important for achieving a strategic goal. This goal concludes the development of Ukraine`s economy and achievement of a rightful place in the international differentiation of labor. The article considered the socio-economic nature, role and importance of international trade; main problems and prospects of Ukraine's trade with the EU as well as its dynamics and structure, various methods which are applied to analyze the current state of foreign trade of Ukraine with the EU. In our work we analyzed the obstacles of trading between Ukraine and the EU, ways to overcome them and benefits of this trade. The application of the Free Trade Area between Ukraine and the EU contributes to the gradual expansion of Ukrainian export access to European markets under the Association Agreement. The execution of this agreement for Ukrainian business entities simplified the entry to the protected domestic market of EU Member States and gave the opportunity to realize its own competitive benefits in purchase quality and price. Under this Free Trade Agreement Ukraine assumed not only opportunities but also certain obligations on improvement of quality standards and product safety, implementation of reforms in the area of technical regulation, development of quality assurance system and safety food industry. The simplification of goods access to other markets is indirect benefit for Ukrainian manufactures. The entry to the EU markets with high level standards automatically indicates goods quality.

scholarly journals Conceptual bases of the strategy of formation and implementation of state policy in the sphere of European integration of Ukraine

2020 ◽  
Vol 44 (1) ◽  
pp. 66-72
Author(s):  
Valeriі Rіeznikov
Keyword(s):  
European Union ◽  
Foreign Policy ◽  
European Integration ◽  
State Policy ◽  
Policy Formulation ◽  
The State ◽  
The European Union ◽  
Association Agreement ◽  
The Eu

The newest policy of Ukraine should be to develop such state concepts, strategies and programs that would contribute to the European integration of the country, taking into account the current challenges of today. The purpose of the article is to define the conceptual foundations of the strategy of formation and implementation of state policy in the sphere of European integration of Ukraine in modern conditions. The conceptual framework of the national strategy for the European integration of Ukraine is a general concept of the country’s long-term actions, a certain model of the mission realization and achievement of long-term goals, which defines its development prospects, main directions and priorities of activity in the European integration sphere. Such a generalized European integration concept of Ukraine is reflected in the relevant state documents, laws and by-laws, and within the framework of the state strategy, strategies for development of various spheres, sectors and sectors of economy and public life are developed and implemented in accordance with the existing requirements, rules and regulations of the euro framework documents.A significant event in the European integration of Ukraine into the EU was the introduction of amendments to the Constitution of Ukraine (concerning the strategic course of the state for the acquisition of full membership of Ukraine in the European Union and in the Organization of the North Atlantic Treaty). In addition to the issues related to the implementation of the Association Agreement, further progress on the European integration of Ukraine should also take place in the following areas: associations with the Schengen area; accession to the EU customs union; accession to the EU Energy Union; the entry into force of the common aviation space; joining the digital market, etc.Integration with the EU is an important component of Ukraine’s foreign policy. However, conceptually, European integration should be seen first and foremost as a comprehensive domestic state policy aimed at introducing reforms and transformations that are necessary and important for Ukrainian society, and only then, as a component of foreign state policy, which depends largely on the political will of the EU on the pace and full integration with our country. Thus, the strategy of Ukraine’s integration into the European Union should ensure the country’s accession to the European political, legal, economic, informational and security space. Obtaining full EU membership in the medium term on this basis should become a major foreign policy priority of Ukraine’s policy formulation and implementation policy in the face of contemporary challenges of today.

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