EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE

The article looks into evolution of Ukrainian merchandise export through the lens of its diversification. Problems with export diversification in Ukraine are stipulated in key government strategic plans of economic development, so detailed examination of diversification processes becomes particular...

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Main Author: Євген Іванов
Format: Article
Language:English
Published: Helvetica Publishing House 2022-07-01
Series:Економіка та суспільство
Subjects:
Online Access:https://economyandsociety.in.ua/index.php/journal/article/view/1582
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author Євген Іванов
author_facet Євген Іванов
author_sort Євген Іванов
collection DOAJ
description The article looks into evolution of Ukrainian merchandise export through the lens of its diversification. Problems with export diversification in Ukraine are stipulated in key government strategic plans of economic development, so detailed examination of diversification processes becomes particularly important. Study applies advanced methodology to explore export diversification in Ukraine at extensive and intensive margins, as well as HS6-digit division of commodity groups to get the most accurate results. Export trends, geography and structural shifts are analyzed. Results of global recession of 2009 for structural changes in Ukraine’s exports are defined. The main factors of Ukraine’s export concentration are revealed. Challenges, posed by lack of exports diversification, for steady economic growth and development are emphasized. Key advantages and disadvantages of boosting export diversification through integration into global value chains are argued. Causes and consequences of geographical reorientation of Ukraine’s export are analyzed. Efficiency of Ukraine’s trade relations with China as a new biggest trade partner is estimated. Results of this study can be used in preparation of analytical materials on the development of Ukraine’s export potential and international specialization, as well as in elaboration of new Export Strategy of Ukraine.
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spelling doaj.art-4a7530db6feb4636b4c518bbf35af9ad2022-12-22T03:12:26ZengHelvetica Publishing HouseЕкономіка та суспільство2524-00722022-07-014110.32782/2524-0072/2022-41-41EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINEЄвген Іванов0State Research Institute of Information and Economic Modeling The article looks into evolution of Ukrainian merchandise export through the lens of its diversification. Problems with export diversification in Ukraine are stipulated in key government strategic plans of economic development, so detailed examination of diversification processes becomes particularly important. Study applies advanced methodology to explore export diversification in Ukraine at extensive and intensive margins, as well as HS6-digit division of commodity groups to get the most accurate results. Export trends, geography and structural shifts are analyzed. Results of global recession of 2009 for structural changes in Ukraine’s exports are defined. The main factors of Ukraine’s export concentration are revealed. Challenges, posed by lack of exports diversification, for steady economic growth and development are emphasized. Key advantages and disadvantages of boosting export diversification through integration into global value chains are argued. Causes and consequences of geographical reorientation of Ukraine’s export are analyzed. Efficiency of Ukraine’s trade relations with China as a new biggest trade partner is estimated. Results of this study can be used in preparation of analytical materials on the development of Ukraine’s export potential and international specialization, as well as in elaboration of new Export Strategy of Ukraine. https://economyandsociety.in.ua/index.php/journal/article/view/1582diversificationconcentrationmerchandise tradestructural distortionsexport basketvalue added
spellingShingle Євген Іванов
EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE
Економіка та суспільство
diversification
concentration
merchandise trade
structural distortions
export basket
value added
title EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE
title_full EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE
title_fullStr EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE
title_full_unstemmed EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE
title_short EVALUATION OF EXPORT DIVERSIFICATION IN UKRAINE
title_sort evaluation of export diversification in ukraine
topic diversification
concentration
merchandise trade
structural distortions
export basket
value added
url https://economyandsociety.in.ua/index.php/journal/article/view/1582
work_keys_str_mv AT êvgenívanov evaluationofexportdiversificationinukraine