scholarly journals Trends in the Development of Ukraine’s Foreign Trade in Goods in the Context of the COVID-19 Pandemic

2021 ◽  
Vol 4 (519) ◽  
pp. 30-36
Author(s):  
A. I. Kondratenko ◽  
◽  
D. I. Babmindra ◽  
I. M. Slobodianyk ◽  
◽  
...  
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Human Life ◽  
Supply And Demand ◽  
Positive Trend ◽  
Export Structure ◽  
Geographical Structure ◽  
Foreign Countries ◽  
The World ◽  
Commodity Export

The article discusses and analyzes the volumes of Ukraine’s foreign trade in goods in 2019-2020. A positive trend regarding the foreign trade balance on trade in Ukrainian goods is allocated. It is found that there was a decrease in exports and imports of goods during the researched period. The commodity structure of Ukraine’s foreign trade is analyzed. Changes in the commodity export structure in 2020 compared to 2019 have been identified. The main groups of goods that Ukraine exports and imports the most when trading with foreign countries are allocated. The groups of goods whose export and import volumes have undergone the greatest changes in 2020 and as compared to 2019 are allocated. The geographical structure of foreign trade in Ukrainian goods is analyzed. Changes in the geographical structure of exports in 2020 compared to 2019 are determined. It is specified, which countries are the largest importers of Ukrainian goods and from which countries Ukraine imports the most goods. The countries in terms of the largest changes as to the foreign trade with them in 2020 compared to 2019 are allocated. It is determined that the most important reason for changes in the volume of foreign trade in Ukrainian goods in 2020 compared to 2019 was the COVID-19 pandemic. The global impact of the coronavirus pandemic on the world economy and human life in general is noted. The main changes in the economy and society, which caused changes in the volume of foreign trade in Ukrainian goods, as well as the main reasons for the change in supply and demand, which are typical for all countries of the world, are allocated. The main directions of the State’s assistance to increase the volume of exports of goods from Ukraine in the context of the COVID-19 pandemic are defined. The negative and positive changes in Ukraine’s foreign trade caused by the coronavirus pandemic are characterized.

scholarly journals СПОЉНОТРГОВИНСКА РАЗМЕНА СРБИЈЕ И ЗНАЧАЈ АГРАРНОГ СЕКТОРА

TEME ◽  
2017 ◽  
pp. 711
Author(s):  
Драгица Божић ◽  
Марија Николић
Keyword(s):  
Foreign Trade ◽  
Comparative Advantage ◽  
Trade Balance ◽  
Total Trade ◽  
Agrarian Sector ◽  
Primary Products ◽  
The World ◽  
The Difference ◽  
Basic Characteristics ◽  
Large Deficit

The foreign trade of the Serbian economy is characterized by a large deficit and unfavourable structure. The importance of the agrarian sector in total trade is reflected in the constant positive trade balance and increasing participation, particularly in export. The aim of the paper is to analyze the basic characteristics of foreign trade of Serbia, as well as to point out the importance of the agrarian sector in the period 2005-2014. In the first part of the paper are analyzed trends of export, import, and the level of openness of Serbian economy. In the following part the structure of export and import is discussed, and the concentration index presented, or the Herfindahl-Hirschmann index, as well as the diversification index which indicates the difference between the structure of Serbian export and import and the international average. In addition to these indicators, the revealed comparative advantage index was calculated. The analysis of foreign trade of Serbian overall economy indicates a significant presence of agricultural and food products in its structure, particularly in export, and confirms that the agrarian sector is one of few sectors with a constant surplus. Determined indicators show that the comparative advantage in the overall economy trade of Serbia with the world is achieved in primary products and products of lower processing phase, of which a significant part is from the agrarian sector. Therefore, in the final part of the paper the participation of the agrarian sector in the total foreign trade of Serbia is shown.

scholarly journals Analysis of the situation and trends in foreign trade of Dnipropetrovsk region: challenges and opportunities for the sustainable regional growth

2019 ◽  
Vol 7 (9-10) ◽  
pp. 79-87
Author(s):  
О. Ю. Матвеєва ◽  
Л. Г. Шевченко
Keyword(s):  
Foreign Trade ◽  
Regional Growth ◽  
Precious Metals ◽  
Electrical Equipment ◽  
Positive Trend ◽  
Economic Relations ◽  
Strategy Of Development ◽  
Export Structure ◽  
Challenges And Opportunities ◽  
The Impact

The article assesses the situation and analyzes the current trends in the development of domestic foreign trade through the case of Dnipropetrovsk region. The analysis is conducted through the lens of identifying challenges and opportunities for the region that are opened up by foreign trade. The impact of the region's foreign trade on its international economic relations in the context of Ukraine's European integration and the deployment of globalization processes is significant. Dnipropetrovsk region is one of the leading exporters and, according to the results of 2018, ranks second place among the regions of Ukraine by the export of goods. Therefore, choosing the region for the study is determined by the importance of the development of international trade in its territories to strengthen the position of Ukraine's international competitiveness. The article identifies and analyzes the indicators of foreign trade of the Dnepropetrovsk region with the world countries, as well as the economic result and effect of it’s influence. The focus is put on assessing and analyzing the dynamics of changes in the structure of export and import of goods. In particular, the tendency of decrease in export of services of Dnepropetrovsk region to the EU countries during 2014-2017 is analyzed as a negative trend. Positive trend visualizes through increasing of this indicator in 2018. Overall, the increase of the number of regional enterprises engaged in the foreign trade of goods was shown. Emphasis is placed on the commodity structure of export. It is composed of ferrous metals (46.3%) and ores, slag and ash (23.2%). The basis of the commodity structure of import is mineral fuels; oil and its distillation products (30.3%), machinery, equipment and mechanisms; electrical equipment (14.4%), chemical products and related industries (11.3%), and precious metals (11%). The dynamics of the change in the export structure indicates a certain slowdown in the process of transition to a ‘new type economy’, which should be based not on direct consumption of resources, but on innovation, knowledge and technology, their application in products and services production. The article is a summary of the situation in the field of foreign trade of the region, which is carried out in the framework of the task of drafting the Strategy of development of Dnipropetrovsk region for the period until 2027.

scholarly journals India’s Foreign Trade – An Overview

2021 ◽  
Vol 11 (3) ◽  
Author(s):  
Manoj Mishra
Keyword(s):  
Structural Change ◽  
Foreign Trade ◽  
Trade Balance ◽  
Total Export ◽  
Raw Material ◽  
Total Import ◽  
The World ◽  
Important Trading Partner ◽  
Result Show

Export-Play, Important Role of any country’s business India is one among these countries that have been exporting a large number of product and raw material to other countries to earn economy wealth. India is 19th largest export economy. India’s overall, export- in 2019-20 was US $ 313138.5 million and total import was US $ 473995.2 million and trade balance was US $ 160856.7 million. The main object of the paper is to analyse the structural change in foreign trade- Under new Exim policy. The period of the study is from 2010-11 to 2019-20. The result shows that USA, UAE, Hongkong, UK, Germany, Saudi Arbia and China accounted from more than 40% of export from India at the world level. India total export which was US $ 330078.1 million in the year 2018-19 decline to US $ 313138.5 million in the year 2019-20. The total export from India decreased by 5.13% from the year 2018-19 to year 2019-20. In the year 2019-20 the share in total export from India to USA is 16.95%, UAE 9.21%, China 5.30%, Hongkong 3.50%, UK 2.79%, Germany 2.64%, and Saudi Arbia 1.99%. India’s total import in the year 2019-20 was US $ 473995.2 million which China contributed by 37.76%, USA 7.52%, Saudi Ariba 3.60%, Hongkong 3.5%, UAE .38% and Germany 2.81%,. The result show that USA is most important trading partner followed by UAE an UK, Hongkong, China and other countries.

scholarly journals Modeling the Determinants of Import in Kyrgyzstan

2012 ◽  
Author(s):  
Ebru Çağlayan Akay ◽  
Zamira Oskonbaeva
Keyword(s):  
Exchange Rate ◽  
Foreign Trade ◽  
Transition Economies ◽  
Trade Balance ◽  
Trade Policies ◽  
Policy Recommendations ◽  
Monthly Data ◽  
Foreign Countries

Foreign trade plays an important role in development of each country. Kyrgyzstan, like other transition economies started to open up to foreign countries after achieving it's independence and began to practice it’s own foreign trade policies. But during a 21-year period, a surplus in the trade balance was recorded in 2000 and 2001. In other words, the country's economy has faced a chronic deficit of foreign trade. The main objective of this paper is to study the impacts of domestic income and exchange rate on imports by considering the period after 2000 through econometric method by using of monthly data and according to the results obtained to suggest policy recommendations.

scholarly journals ON THE ISSUE OF IMPROVING THE MECHANISM FOR REGULATING FOREIGN ECONOMIC ACTIVITY OF THE REPUBLIC OF UZBEKISTAN

2020 ◽  
pp. 62-71
Author(s):  
Shokhrukh B. Akhmedov ◽  
◽  
Vladimir M. Kutovoi ◽  
Keyword(s):  
Foreign Trade ◽  
Trade Policy ◽  
Economic Activity ◽  
World Economy ◽  
Foreign Trade Policy ◽  
Foreign Countries ◽  
The World ◽  
Wto Accession ◽  
The Republic

The article analyzed the foreign trade policy of foreign countries and the implementation of the customs policy of the Republic of Uzbekistan. The analysis of methods of non-tariff and tariff regulation of foreign economic activity was carried out, as well as projects of active influence on foreign trade of the country in order to adapt it to the requirements of the world economy. During the WTO accession, the main principles were defined and proposals were made for measures to improve the customs and tariff regulation of the Republic of Uzbekistan.

scholarly journals FOREIGN TRADE STRENGTH OF COUNTRIES UNDER THE COVID-19 PANDEMIC

2020 ◽  
pp. 45-56
Author(s):  
O. А. Chugaiev
Keyword(s):  
Foreign Trade ◽  
Global Economy ◽  
Supply And Demand ◽  
Pharmaceutical Products ◽  
Small Island ◽  
Economic Resilience ◽  
Closed Economies ◽  
Export Structure ◽  
Goods And Services ◽  
Transport Services

In 2020 the COVID-19 pandemic became the major event affecting the global economy. Both supply- and demand-driven recession and changes in consumption and investment behaviour became a new reality. The purpose of the paper is to estimate foreign trade strength and vulnerability of countries under the shrinking global demand for specific groups of goods and services as a result of the COVID-19 pandemic and the measures to contain it. The proposed foreign trade strength index under pandemic is based on exports of pharmaceutical products, medical equipment, food, IT and audiovisual goods and services etc. (+); tourism and transport services, oil, ores and metals, transport vehicles and most other types of machinery etc. (-); and imports of medical and related products (-) in comparison to a country’s GDP. The ranking is provided for the largest 100 economies. 90% of the countries have absolute trade vulnerability under the pandemic. There are 3 types of economies with relatively better trade soundness: exporters of medical products and ICT services (Ireland and Switzerland), food exporters and closed economies. The most vulnerable economies include small island countries which depend on tourism services exports, oil exporting countries and exporters of machines and equipment. Ukraine ranks 38th and has a standardized value of the index +0.4 mainly because of its food exports which help offsets the weakness due to the metal exports. Vulnerability of large economies is caused by their merchandise export structure, while vulnerability of small economies is due to their services export structure. Key words: foreign trade, economic resilience, demand for goods and services, dependence on global markets, pandemic, quarantine measures.

scholarly journals Foreign Trade Situation of Nepal

2016 ◽  
Vol 9 (1) ◽  
pp. 78-82
Author(s):  
Shiva Sharan Shrestha
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Average Rate ◽  
Growth Direction ◽  
Annual Rate ◽  
Annual Average ◽  
The World

This study analyzes the growth, direction and trade balance of Nepal’s foreign trade for the period 2005/6 to 2014/15. The study finds that the import has grown rapidly (at an annual average rate of 17%) and the import at snail’s pace (at an annual rate of 4%) over the study period. As a result the trade balance is negative and growing every year. Such a trend can’t sustain for long. Further, Nepal’s foreign trade is too much dependent (exceeding two-third of both export and import) on India which needs to be diversified to rest of the world.

scholarly journals Foreign Trade of Russia and Irkutsk Region: General Trends and Regional Specifics

2020 ◽  
Vol 30 (1) ◽  
pp. 59-70
Author(s):  
Natalya Epova
Keyword(s):  
Economic Development ◽  
Foreign Trade ◽  
World Market ◽  
Regional Level ◽  
Present Stage ◽  
Climatic Zones ◽  
Geographical Structure ◽  
Irkutsk Region ◽  
The World ◽  
Trade Turnover

At the present stage of economic development, foreign trade is of great importance for any country both in terms of expanding markets and obtaining additional profits, and in terms of increasing influence on the world market. Russia's trade turnover consists of exports and imports of different regions located in various natural and climatic zones. Analysis of the commodity and geographical structure of exports and imports of Russia and the Irkutsk region indicates the presence of certain regional characteristics. The article discusses the dynamics of changes in foreign trade at the level of the country as a whole and compares it with similar indicators of the Irkutsk region, identifies the causes of discrepancy or difference in shares of certain commodities in export and import. The positive and negative trends observed in the commodity structure in recent years are determined and the conclusion is made about the need and possible promising options for changing the commodity and geographical structure of foreign trade at the regional level and throughout the country.

scholarly journals Direction and Problems of Foreign Trade in Nepal

2020 ◽  
Vol 4 (1) ◽  
pp. 143-152
Author(s):  
Shashikala Sharma
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Trade Balance ◽  
Quantitative Data ◽  
Vital Role ◽  
Fiscal Year ◽  
Trade Expansion ◽  
Secondary Sources ◽  
Goods And Services ◽  
The World

 Foreign trade or international trade is the transaction of goods and services between two or more countries. It plays a vital role in developing the economy of a country. The purpose of this study was to identify the direction and problems of foreign trade in Nepal, and to find out the possibilities of foreign trade expansion of the period from fiscal year 2011/12 to 2018/19. The study used quantitative data collected from secondary sources consulting physical library and internet. It was found in the study that most of the foreign trade of Nepal is directed to India. It was also found that there was deficit trade balance as there was decreasing export and increasing imports. As a result, the trade balance is negative and growing every year. Further, the foreign trade in Nepal is highly dependent with India which needs to be diversified to rest of the world.

scholarly journals Foreign trade competitiveness of the Balkan countries under the conditions of globalization

2012 ◽  
Vol 64 (1) ◽  
pp. 67-81 ◽  
Author(s):  
Ivana Bozic-Miljkovic
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Economic History ◽  
Trade Balance ◽  
The State ◽  
Balance Of Payments ◽  
The World ◽  
Balkan Countries ◽  
Trade Competitiveness ◽  
Economic Nature

The development of international trade on the world scale under the conditions of globalization, more than ever in the economic history has given prominence to the issues of given countries? competitiveness and foreign trade companies. Competitiveness in foreign trade is a complex category affected by the factors of both economic and non-economic nature. With the increase of the degree of liberalization of foreign trade globally, competitiveness represents a very important factor that the results in this particular trade depend on and, consequently, realization of the developmental and stabilization objectives in the progress of trade. The Balkan countries are making efforts, through diverse forms of regional economic networking and economic cooperation, to define their competitiveness in foreign trade in such a way so as to ensure its higher level. The actions of this kind should change their relatively unfavorable position in international trade and improve the state in their foreign trade balance as well as balance of payments. In doing this, they encounter numerous problems of economic and non-economic nature, namely those that still condition their low competitiveness in foreign trade.

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