scholarly journals Modern Realities and Prospects for the Development of Ukraine’s Foreign Trade

2021 ◽  
Vol 1 (516) ◽  
pp. 49-58
Author(s):  
T. V. Shepel ◽  
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Import Substitution ◽  
Poor Quality ◽  
Machine Building ◽  
The State ◽  
Raw Material ◽  
Information Support ◽  
The European Union ◽  
Safety Standards

The article discusses the current situation of the foreign economic activity of Ukraine. The main problems of export-import relations of the State are determined. The export potential is studied and dynamics of foreign trade are analyzed. The advantages of the agrarian sector and machine-building in the foreign policy of the country are determined. The practical inclusion of the country in the world trade space through the combination of economic and administrative methods of regulating the country’s foreign economic activity is analyzed. It is proved that Ukraine’s international activities play an important role in forming the budget and GDP of the State. The raw material orientation of Ukrainian exports is studied and the vulnerability of the country’s competitive positions in foreign markets is determined. The dynamics of commodity and geographical structures of the export potential of the State is analyzed. The greatest demand of goods by domestic producers from Kyiv, Dnipropetrovsk, Donetsk and Zaporizhzhia regions is determined. The priorities for the development of foreign economic relations between Ukraine and the European Union are formulated. The main negative factors influencing the development of the country’s foreign economic activity are summarized: insufficient level of product competitiveness; non-compliance with international quality and safety standards; low level of processing of exported products. Attention is paid to supporting the interests of national producers, increasing the export potential of the national product, eliminating the effect of import substitution, especially: fuel, harmful and poor-quality products and consumer goods. The necessity of improvement of marketing researches, formation of a simplified system of customs-tariff regulation, optimal management, accounting and control structure for the formation of effective information support in the sphere of export-import relations of Ukrainian enterprises are substantiated.

scholarly journals Analysis of the State and Trends of Ukraine’s Foreign Trade with the EU

2019 ◽  
pp. 59-68
Author(s):  
Т. M. Bulakh ◽  
О. A. Ivashchenko ◽  
L. O. Plakhotnikova
Keyword(s):  
Foreign Trade ◽  
Import Substitution ◽  
Trade Agreement ◽  
The State ◽  
The European Union ◽  
Trade Relations ◽  
Eu Member States ◽  
Goods And Services ◽  
Negative Balance ◽  
The Eu

Presently, Ukraine is highly integrated into the global economic area and maintains foreign trade relations with more than 200 countries. The European Union (EU) is one of the most important foreign trade partners of Ukraine. Therefore, the analysis of Ukraine’s foreign trade is important for taking effective management decisions and promoting reasonable changes in the economic policy. The article analyzes the state and trends of Ukraine’s foreign trade with the EU. Its features and dynamics are revealed. The changes in the structure of exports and imports of Ukraine after the signing of the Free Trade Agreement are as follows: export values reaching the pre-crisis level of 2014; the sustained dominance of agricultural and food industry products; the commodity structure of exports could be diversified; imports of goods to Ukraine from the EU in 2012–2017 decreased at a slower pace than the total imports of goods to Ukraine; after a negative trend in 2012–2015, the imports increased by 3658.5 million USD in 2017, signaling that the imports to Ukraine from the EU were recovering at a faster pace than the Ukrainian exports to the EU; the balance of foreign trade in goods between Ukraine and the EU for the period of the study was negative. Measures to improve the development of foreign trade of Ukraine in the context of deepening European integration processes are proposed: to increase the support for national producers;  to intensify export cooperation with the EU member states with which Ukraine has a negative balance; to attract exporters from non-EU countries to locate production facilities on the territory of Ukraine with the prospects of their exports to European markets; to introduce uniform standards of certification and standardization of products in Ukraine; to develop a strategy to increase exports of nationally produced goods and services to EU markets and reduce imports to Ukraine; to intensify cooperation with the EU on issues of import substitution in Ukraine.

Current Trends in the International Economic Activity of Ukraine

2021 ◽  
pp. 47-55
Author(s):  
Ljudmila Romaniuk ◽  
Keyword(s):  
International Economic ◽  
Economic Performance ◽  
Economic Activity ◽  
Public Diplomacy ◽  
Technological Development ◽  
Value Added ◽  
Machine Building ◽  
Raw Material ◽  
High Tech ◽  
Economic Relations

International economic activity occupies a special place in a complex system of the global economic relations. It reflects the mutual economic dependence of trade and economic activities of different countries of the world. The significance of the development of international economic performance of each country is growing. The purpose of the article is to determine the current state and trends of international economic performance of Ukraine, taking into account changes in the external environment. SWOT-analysis was introduced to identify strengths, weaknesses, opportunities, threats and ways to overcome weaknesses, solve problems in international economic activity, use strengths and opportunities. International economic activity is a powerful factor in the development of the country's economy and has a significant potential in regard of natural, economic and human resources, but the study has also revealed problems and negative trends. To identify trends in the effectiveness of the country's international economic activity, export-import performance indicators for 2019, 2020 and similar indicators for 2013 were analyzed. In 2020 a decline in exports in the machine-building industry is observed. Furthermore, the exports are dominated by the raw material component. The growth rate of exported goods refers to industries with a small share of value added. At the same time, imports are dominated by high-tech products, indicating a lack of strategy of technical and technological development, which leads to the deindustrialization of the country, which is a significant threat to the economy of Ukraine as a whole and its international economic activity. In the context of economic globalization, the importance of international economic relations is growing. To increase the efficiency of international economic performance it is crucial to address a number of domestic issues: stabilization of political situation, termination of military actions in the east of the country, overcoming corruption, ensuring technical and technological development, implementation of innovations at enterprises, development and implementation of multi-vector strategy, implementation of the strategy of public diplomacy in order to build a positive image of Ukraine. Further research will focus on assessing the effectiveness of international economic activity, identifying threats to national competitiveness and elaborating recommendations for overcoming them.

scholarly journals PROSPECTS FOR THE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY OF THE ENTERPRISES OF AGRARIAN AND INDUSTRIAL COMPLEX

2020 ◽  
pp. 146-159
Author(s):  
Antonina BROYAKA
Keyword(s):  
Foreign Trade ◽  
Economic Activity ◽  
Raw Materials ◽  
Price Volatility ◽  
Global Market ◽  
Positive Trend ◽  
Industrial Complex ◽  
Foreign Markets ◽  
Agricultural Producers ◽  
Safety Standards

The article examines the essence of foreign economic activity of enterprises, the features and prospects of its implementation in the field of agrarian and industrial complex. Based on the conducted analysis, it is proved that agrarian export of Ukraine plays a significant role in the formation of the budget and GDP of the country, since its share in 2018 was 14.2% of GDP and 33.4% of the total national exports of goods. The dynamics of export-import operations of the agrarian sector is explored and it is found that it demonstrates a positive trend in contrast to the general foreign trade balance of Ukraine. The analysis of the agrarian exports structure in 2010-2019 confirms the growth of the share of the majority of agrarian products types sold abroad. However, Ukrainian exports are mainly oriented towards raw materials, which, among other reasons, is associated with technological backwardness and the limited ability of domestic agricultural producers to purchase modern equipment and technologies due to theirs low solvency. The commodity orientation of Ukrainian exports makes the competitive position of Ukraine in foreign markets vulnerable, since the demand for commodities is unstable and is characterized by significant price volatility. The geographical structure of foreign trade in agrarian products and the possibilities of its further diversification are investigated. The majority of Ukrainian products in Europe are purchased in Poland, Italy and Germany. Significant connoisseurs of Ukrainian products are also Turkey, China, India, Egypt. Ukrainian exports should be expanded to Asian and Eastern countries. The key problems that put the brakes on the development of the foreign economic activity of the enterprises of agrarian and industrial complex and hinder the competitiveness increase of domestic agrarian products in the international market are identified. A number of measures are proposed to promote the further development of the foreign economic activity of the enterprises of agrarian and industrial complex, including the development of appropriate strategies taking into account global market trends, harmonization and compliance with the quality and safety standards of agrarian products, improving the innovative component, strengthening state support (including financial) of the export-oriented agrarian enterprises, improving the investment climate, and more.

scholarly journals Macroeconomic indicators of raw material policy in Slovakia

2019 ◽  
Vol 134 ◽  
pp. 03017
Author(s):  
Henrieta Pavolová ◽  
Zuzana Šimková ◽  
Andrea Seňová ◽  
Gabriel Wittenberger
Keyword(s):  
Raw Materials ◽  
The State ◽  
Raw Material ◽  
The European Union ◽  
Economic Sectors ◽  
State Budget ◽  
Material Policy ◽  
National Economic ◽  
Macroeconomic Indicators ◽  
National Economic Policy

This paper points to the development tendencies of selected macroeconomic indicators of raw material policy in Slovakia, which forms an integral part of the national economic policy of the state. It describes in detail selected macroeconomic indicators of exploitation of raw materials, which form the basic platform of functioning of all national economic sectors in Slovakia. It also points out the benefits for the Slovak economy in the form of revenues from mining activities to the state budget, municipal budget and environmental fund. At the end the article summarizes the partial findings from the development tendencies of macroeconomic indicators of raw material policy, which is currently an integral part of the industrial policy of the European Union.

scholarly journals ROLE FORENSIC TRADE ANALYSIS WHILE HEARING CONSUMER PROTECTION CASES

2019 ◽  
Vol 19 (1) ◽  
pp. 406-416
Author(s):  
O. Dontsova ◽  
G. Sich
Keyword(s):  
Consumer Protection ◽  
Human Life ◽  
Poor Quality ◽  
The State ◽  
The European Union ◽  
Goods And Services ◽  
Consumer Rights ◽  
Major Player ◽  
The Right

This article content is aimed at characterization of urgent problematic issues, which are connected with determining the place of forensic expertise in cases related to the protection of consumer rights and the development of ways of solving emerging problems. The article emphasizes that in accordance with the current legislation, consumers have the right to protect their rights to the necessary quality, safety of goods and services, as well as the right to compensation for losses caused by goods of inadequate quality, dangerous to life and health, etc. It is determined that the main control in the sphere of trade is exercised by the State Service for Product Safety and Consumer Protection, and it is established that the problems are the inability of this service to carry out an instant check on a consumer complaint of a particular point of sale. At the present stage, the problem of citizens' rights including rights in the sphere of consumption, is extremely urgent, because accession of Ukraine to the European Union requires the application of European standards of product quality. In developed country, the consumer is a major player in market relations, which is focused on the production and improvement of the quality of goods and services. The application of sanctions to sellers, manufacturers of poor-quality products does not always give the necessary effect, because usually an unscrupulous manufacturer (seller, executor) pays a fine and continues to provide poor quality services, to supply products that are dangerous to life and health. Important factor in improving the quality of products and services provided is the legal knowledge of consumers themselves in protecting their rights. Consumer rights have a prerogative over the rights of sellers and producers, since human life and health under the Constitution of Ukraine is a fundamental value of the state. The authors described the actions that the consumer should take to protect their violated rights, and emphasized that in cases where the consumer seeks to restore justice for this issue, he should ask an expert institution to perform a forensic trade research.

scholarly journals Transformation of foreign commerce of Ukraine: realities, problems, perspectives

2019 ◽  
Keyword(s):  
Foreign Trade ◽  
Russian Federation ◽  
Textile Industry ◽  
Crop Production ◽  
Raw Materials ◽  
Import Substitution ◽  
Machine Building ◽  
Technical Equipment ◽  
The Russian Federation ◽  
Foreign Commerce

The paper analyzes transformations of foreign trade in goods of Ukraine in 2000-2017. The choice of the study period is due to the fact that the "recovery" and the gradual growth of the Ukrainian economy after the long crisis of the 1990s has began since 2000. Ukraine had a mostly negative foreign commercial balance (except for 2000-2004 and 2015); generally balanced foreign trade; dangerous import dependency ratio; extremely economy openness index; the high exports ratio in 2000-2017. The volumes of export, imports and foreign commercial turnover had unstable dynamics with negative trends in 2008-2009 and 2013-2015. Base metals and their ware; plant products; animal or plant fats and oils were prevailed in the export component of the foreign commerce; mineral products; machines, equipment and mechanisms, electric and technical equipment; products of chemical and derivative industries were dominant in the structure of import in 2017. The export was characterized by increase in the share of products of the primary sector (due to crop production) and decrease in the secondary sector (due to metallurgy, machine building, chemical and textile industry) during 2001-2017. The import was characterized by decrease in the share of raw materials and increase in the share of all other goods during the mentioned period. Commodity structure of foreign trade became more proportional, without a highly dominant product. The Russian Federation, Poland, Turkey, Italy, India were the key partners in the export of goods, while those ones in the import were the Russian Federation, China, Germany, Poland, Belarus. The key partners remained during 2001-2017 (the Russian Federation, Poland, Turkey, Italy, China, Germany were key partner in export; In the import - the Russian Federation, Germany, Poland, Belarus, the USA, Italy were key partner in import. Despite the drastic decrease in trade relations with the Russian Federation, it remains the largest partner in the Ukrainian foreign commerce. Among the regions of the world, the largest trading partner of Ukraine in recent years is Europe with relevant reduction of CIS countries in the common share. It is necessary to provide a set of measures aimed at increasing the efficiency of export activity and import substitution in the certain sectors of the economy to balance foreign commerce of Ukraine.

scholarly journals Influence of sanctions on foreign trade of Russia

2019 ◽  
pp. 87-94
Author(s):  
E. Yu. Shirokova
Keyword(s):  
Foreign Trade ◽  
International Organizations ◽  
Import Substitution ◽  
The State ◽  
Federal State ◽  
Expert Opinions ◽  
History Of ◽  
Entire History ◽  
Substitution Policy ◽  
The Eu

After the countries of the EU and the USA introduced sanctions against the Russian Federation in 2014, the topic of influence on the state by other states or international organizations became the focus of attention of both Russian and foreign researchers. For Russian scientists, the topic of sanctions has acquired particular relevance, since they are at the epicenter of both the sanctions and the response measures that followed. The article presents the history of the development of measures of influence on the state by international organizations or other states, the history of studies of the effectiveness of sanctions measures in the entire history of their application is considered. Currently, theRussian Federationis under the sanctions imposed by theUnited Statesand the EU, which, in response to these measures, responded by introducing an import substitution policy. Considering the entire history of the gradual increase in the sanctions list, the state in the field of foreign trade should also detect increasing signs of pressure that would be reflected in indicators of incorporation into world trade. The author makes a hypothesis about the weak impact of sanctions on the state as a whole, and, in particular, on foreign trade. To confirm this hypothesis, the dynamics of the main indicators of foreign trade activity during 2013–2017 is considered. and a change in the commodity structure of exports and imports. The study is based on data from the Federal State Statistics Service, using methods of economic and statistical analysis and comparison of indicators, which allowed to show the degree of impact of sanctions on the main indicators of foreign economic activity. Following the consideration of official statistics, expert opinions on the implementation of planned indicators of the import substitution policy, it is possible to confirm the hypothesis of the weak effect of sanctions on foreign trade.

scholarly journals The objective need and trend of ensuring the food security in Russia in conditions of import substitution

2021 ◽  
Vol 37 ◽  
pp. 00079
Author(s):  
Rafail Mukhametzyanov ◽  
Maria Romanyuk ◽  
Tatiana Ostapchuk ◽  
Natalya Ivantsova
Keyword(s):  
Food Security ◽  
Russian Federation ◽  
Low Income ◽  
Import Substitution ◽  
State Level ◽  
Poor Quality ◽  
The State ◽  
Self Sufficiency ◽  
Food Market ◽  
The Russian Federation

The article describes in detail two key elements of Russian food security: self-sufficiency and the potential of the domestic food market. It is these two factors that are regulated at the state level through the standards included in their composition. The article shows how the state policy of the Russian Federation for the regulation of food markets changed from the reform period to the present. Our studies have shown that the strengthening of measures for import substitution after 2014 has not yet allowed us to achieve complete self-sufficiency in all types of food. This is partly due to objective restrictions (for vegetables and fruits) and insufficient efforts to develop the industry (dairy and meat cattle breeding). In addition, by those types of food, according to which the thresholds of self-sufficiency are made, the dependence on imports is shifted to the area of industries that provide means of production (seeds, technique, etc.). A detailed analysis of food imports showed that after 2014 its volume decreased (as a result of a reduction in the effective demand and growth in agricultural production), while its commodity structure has practically changed. Analysis of the capacity and structure of the food market of the Russian Federation showed that the Russian population in long-term dynamics due to low income is not balanced. In addition, the reduction of disposable income over the past 6 years leads to a change in the structure of consumption towards an increase in the share of cheap poor-quality products. Thus, the issue of ensuring food security remains relevant and paramountable at the state level.

scholarly journals MECHANISM OF MANAGEMENT OF EXPORT POTENTIAL OF MACHINE-BUILDING ENTERPRISE

2017 ◽  
pp. 209-217
Author(s):  
Iryna Fabryka
Keyword(s):  
Economic Activity ◽  
Import Substitution ◽  
Target Function ◽  
Machine Building ◽  
Production Costs ◽  
Pricing Policy ◽  
Material Costs ◽  
Building Enterprise ◽  
Definition Of ◽  
Lower Limits

The mechanism of management of the export potential of the machine-building enterprise on the principle of import substitution of the component of material costs is developed. This mechanism provides for the definition of export volumes of sales of products in value terms and reflects the interconnection of key production and economic indicators of the enterprise with the account of the needs of the external market in the context of implementation of measures of import substitution of material costs. The target function, which is a criterion for determining the limits of the level of import substitution of the component of material costs and the possibilities of creating a reserve of growth of the export potential of the machine-building enterprise based on increasing its competitiveness, is determined. It has been developed the model for determining the limitations of using the export potential of an enterprise with a view to minimize material costs when introducing measures for their import substitution, taking into account the pricing policy aimed at increasing the competitiveness of the enterprise. On the example of the results of the production and economic activity of the machine-building enterprise PJSC "Hydrosila" it is defined that the introduction of measures of import substitution of the component of material costs gives positive results in terms of improving the efficiency of the enterprise. It is proved by the relevant calculations for determining the "upper" and "lower" limits of the growth of profitability of sales. The developed mechanism for managing the export potential of a machine-building enterprise can be practically used in the economic activity of machine-building enterprises in order to find the optimal correlation between export sales volumes, production costs, material costs and profits.

scholarly journals State policy in the field of import substitution and its impact on certain areas of economic security

2021 ◽  
Vol 9 (1) ◽  
pp. 36-40
Author(s):  
Aleksey Rodionov
Keyword(s):  
Foreign Trade ◽  
State Policy ◽  
Energy Production ◽  
Import Substitution ◽  
Financial Innovation ◽  
Economic Security ◽  
The State ◽  
National Economic ◽  
The Impact ◽  
National Economic Security

The article presents the results of a study of the state policy in the field of import substitution and its impact on certain areas of economic security. Areas of economic security that are subject to the influence of the state policy of import substitution are identified. Among these areas, food, financial, innovation and investment, social, energy, production and technological, foreign trade security were identified. The nature of the impact of the state policy of import substitution on each of the areas of national economic security is substantiated.

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