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Foreign Economic Activity of Enterprises: Modern Challenges and Prospects of Development
Kashperska A. I., Yatsiuk O. V.

Kashperska, Anastasiia I., and Yatsiuk, Oleh V. (2024) “Foreign Economic Activity of Enterprises: Modern Challenges and Prospects of Development.” Business Inform 5:32–42.
https://doi.org/10.32983/2222-4459-2024-5-32-42

Section: International Economic Relations

UDC 339.944

Abstract:
The aim of the article is to study the current state of foreign economic activity of Ukraine, to determine the prospects for development, taking into account the political and economic situation in the country. The article characterizes the current state of foreign trade. According to the State Statistics Service of Ukraine, the general indicators of foreign trade in goods in 2018–2024 are analyzed as follows: the total value of imported and exported goods, the volume of export-import operations, the commodity structure of foreign trade, and the geographical structure of foreign trade in goods. The main problems inherent in the economy of Ukraine are allocated, including: the continuation of the general slowdown in the growth rate of the world economy and the establishment of restrictive measures on Ukrainian exports of agricultural products used by the countries of the European Union. The main features and prospects for the development of the international trade market are defined, namely: improvement of the regulatory framework, updating the Association Agreement with the EU; ensuring predictable and stable terms of international trade; ensuring the possibility of transporting goods by railway; ensuring the competence of the economic entities engaged in foreign economic activity; increasing the procurement of licenses for the latest technologies; increasing the competitiveness of domestic manufacturing enterprises; improving the quality of Ukrainian goods and services; simplification of customs control. The most promising directions of foreign trade for Ukraine have been allocated, such as: the agricultural sector; IT sector; light industry and fashion; transport and logistics. It is emphasized that there is a general trend of prevalence of imports over exports throughout the study period, which justifies the expediency of establishing relations with existing partner countries and expanding and strengthening foreign cooperation in the field of trade.

Keywords: foreign economic activity, international trade, export-import operations, statistical data, trade market research, import, export.

Fig.: 3. Tabl.: 3. Bibl.: 10.

Kashperska Anastasiia I. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Accounting, Audit and Taxation, State Biotechnological University (44 Alchevskykh Str., Kharkiv, 61002, Ukraine)
Email: [email protected]
Yatsiuk Oleh V. – Applicant, State Biotechnological University (44 Alchevskykh Str., Kharkiv, 61002, Ukraine)
Email: [email protected]

List of references in article

Melnyk, T., and Kovalyova, M. “Zovnishnia torhivlia Ukrainy u konteksti protsedury spilnoho tranzytu“ [Foreign Trade of Ukraine in the Context of the Common Transit Procedure]. Zovnishnia torhivlia: ekonomika, finansy, pravo, no. 5 (2023): 4-17. DOI: https://doi.org/10.31617/3.2023(130)01
“Ohliad zovnishnyoi torhivli Ukrainy tovaramy u sichni-veresni 2023 roku“ [Review of Ukraine's Foreign Trade in Goods in January-September 2023]. Federatsiia robotodavtsiv Ukrainy. https://fru.ua/images/doc/analitics/2023/Ogliad_ZED_9_2023.pdf
“Ukraina u tsyfrakh. 2022. Statystychnyi zbirnyk“ [Ukraine in Numbers. 2022. Statistical Collection]. Kyiv : Derzhavna sluzhba statystyky Ukrainy, 2023. http://surl.li/bktcuz
“Ekspres-vypusk «Zovnishnia torhivlia tovaramy za 2023 rik“ [Express Issue "Foreign Trade in Goods for 2023]. Derzhavna sluzhba statystyky Ukrainy. https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fwww.ukrstat.gov.ua%2Fexpress%2Fexpr2024%2F02%2F04.docx&wdOrigin=BROWSELINK
“Zovnishnia torhivlia tovaramy Ukrainy u 2023 rotsi“ [Foreign Trade in Goods of Ukraine in 2023]. Diia.Biznes. Eksportnyi napriam. January 10, 2024. https://export.gov.ua/news/5170-zovnishnia_torgivlia_tovarami_ukraini_u_2023_rotsi
“Povna svoboda torhivli z YeS diiatyme do chervnia 2025 roku - Minekonomiky“ [Full Freedom of Trade with the EU Will Be Valid until June 2025 - Ministry of Economy]. LIGA ZAKON. https://buh.ligazakon.net/news/227715_povna-svoboda-torgvl-z-s-dyatime-do-chervnya-2025-roku--mnekonomki
“Rada YeS ostatochno skhvalyla prodovzhennia rezhymu bezmytnoi torhivli dlia Ukrainy do chervnia 2025 roku“ [The EU Council Finally Approved the Extension of the Duty-free Trade Regime for Ukraine until June 2025]. Federatsiia robotodavtsiv Ukrainy. https://fru.ua/ua/media-center/news/fru/evropejska-rada-ostatochno-skhvalila-prodovzhennya-avtonomnikh-torgovelnikh-preferentsij-dlya-ukrajini-yaki-diyatimut-do-chervnya-2025-roku
“Prohnoz ekonomichnoho i sotsialnoho rozvytku Ukrainy na 2024-2026 roky“ [Forecast of Economic and Social Development of Ukraine for 2024-2026]. Ministerstvo ekonomiky Ukrainy. https://www.me.gov.ua/Documents/Detail?lang=uk-UA&id=77059300-efc0-4c61-8a67-3974e0cd27a5&title=PrognozEkonomichnogoISotsialnogoRozvitkuUkraini
Matveiev, M. E., Lebedchenko, V. V., and Haidai, H. H. “Rehuliuvannia ZED v umovakh viiny“ [Regulation of Foreign Economic Activity in War Conditions]. Naukovi perspektyvy, no. 5 (2022): 232-245. DOI: https://doi.org/10.52058/2708-7530-2022-5(23)-232-245
“Zovnishnia torhivlia Ukrainy: aktualni napriamy ta perspektyvy na 2024 rik“ [Foreign Trade of Ukraine: Current Directions and Prospects for 2024]. ALLY Logistic. January 24, 2024. https://allylogistic.com/зовнішня-торгівля-україни-актуальні/

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