REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Thematic sections of the journal

Proceedings of scientific conferences

Ukraine and Great Britain Trade Cooperation: The Current State and Prospects
Makarchuk K. O., Shuba M. V.

Makarchuk, Kateryna O., and Shuba, Maryna V. (2020) “Ukraine and Great Britain Trade Cooperation: The Current State and Prospects.” Business Inform 12:65–71.
https://doi.org/10.32983/2222-4459-2020-12-65-71

Section: International Economic Relations

UDC 339.56.055

Abstract:
The article is aimed at determining the current state and prospects for the development of trade cooperation between Ukraine and Great Britain. For Ukraine, cooperation with the the United Kingdom as one of the world’s trade leaders can be a promising direction. The dynamics of foreign trade in goods and services of Ukraine with Great Britain are provided. The increase in Ukrainian exports of goods may continue after the Great Britain leaves the EU, as, unlike other EU countries, Great Britain pursues a less protectionist policy on agricultural products. The commodity structure of exports and imports, as well as changes in the structure of foreign trade in the services of Ukraine and Great Britain over the past 5 years are analyzed. The main commodities exported by Ukraine are ferrous metals, grain crops, fats and oils of both animal and vegetable origin. The structure of British imports of goods is dominated by goods with high added value. Great Britain is one of Ukraine’s main foreign trade partners in the trade in services. A positive process for Ukraine is the increase in the share of services exports in the sphere of telecommunications, computer and information services. It is determined that trade cooperation between Ukraine and Great Britain during the researched period is characterized, in general, by positive dynamics. Positive changes include a gradual reduction in the negative balance of Ukrainian trade with great Britain due to faster growth of Ukrainian exports. At the same time, the unresolved problem remains low-diversified exports of Ukraine with low added value. Prospects for further trade cooperation between Ukraine and Great Britain in the context of signing the Agreement on Political Cooperation, Free Trade and Strategic Partnership between Ukraine and the United Kingdom of Great Britain and Northern Ireland are examined.

Keywords: foreign trade, exports, imports, Ukraine, Great Britain.

Fig.: 6. Tabl.: 2. Bibl.: 11.

Makarchuk Kateryna O. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations named after Artur Golikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]
Shuba Maryna V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of International Economic Relations named after Artur Golikov, V. N. Karazin Kharkiv National University (4 Svobody Square, Kharkіv, 61022, Ukraine)
Email: [email protected]

List of references in article

Manaienko, I. M., and Putilina, D. O. “Tendentsii torhovelno-ekonomichnoi spivpratsi Ukrainy ta YeS“ [Trends of Trade and Economic Cooperation Ukraine and the EU]. Skhidna Yevropa: ekonomika, biznes ta upravlinnia. 2017. http://www.easterneurope-ebm.in.ua/journal/8_2017/04.pdf
Soima, S. “Torhovelno-ekonomichne spivrobitnytstvo Ukrainy ta YeS“ [Trade and Economic Cooperation between Ukraine and the EU]. Heopolityka Ukrainy: istoriia i suchasnist. 2016. https://dspace.uzhnu.edu.ua/jspui/bitstream/lib/22532/1/торговельно-економічне%20співробітництво.pdf
Kuklin, O. V., Pustoviit, R. F., and Kryvoruchko, M. Yu. “Yevrointehratsiini vyklyky Ukrainy“ [The European Integration Challenges of Ukraine]. Biznes Inform, no. 10 (2020): 14-21. DOI: https://doi.org/10.32983/2222-4459-2020-10-14-21
Shelest, H. “Ukraina-Velykobrytaniia: perspektyvy spivpratsi“ [Ukraine - Great Britain: Prospects for Cooperation]. Portal zovnishnyoi polityky. http://fpp.com.ua/ukrayina-velykobrytaniya-perspektyvy-spivpratsi/
“World Trade Statistical Review 2019. Chapter V. Leading traders and the role of developing economies in world trade“. https://www.wto.org/english/res_e/statis_e/wts2019_e/wts2019chapter05_e.pdf
“Torhivlia ta investytsii. 01.05.2020 r.“ [Trade and Investment. May 01, 2020]. Posolstvo Ukrainy u Spoluchenomu Korolivstvi Velykoi Brytanii ta Pivnichnoi Irlandii. https://uk.mfa.gov.ua/spivrobitnictvo/881-ukrajina-velika-britanija/4750-trade-in-goods-and-services-between-ukraine-and-the-united-kingdom/torgivlya-ta-investiciyi
“Zovnishnyoekonomichna diialnist“ [Foreign Economic Activity]. Derzhavna sluzhba statystyky Ukrainy. http://www.ukrstat.gov.ua/operativ/menu/menu_u/zed.htm
“Informatsiia shchodo Uhody pro politychne spivrobitnytstvo, vilnu torhivliu ta stratehichne partnerstvo mizh Ukrainoiu ta Spoluchenym Korolivstvom Velykoi Brytanii ta Pivnichnoi Irlandii“ [Information on the Agreement on Political Cooperation, Free Trade and Strategic Partnership between Ukraine and the United Kingdom of Great Britain and Northern Ireland]. Ministerstvo rozvytku ekonomiky, torhivli ta silskoho hospodarstva Ukrainy. https://www.me.gov.ua/Documents/Detail?lang=uk-UA&id=abfb9436-0d38-4a01-b9c7-0fccb08fc6a8&title=InformatsiiaSchodoUgodiProPolitichneSpivrobitnitstvo-VilnuTorgivliuTaStrategichnePartnerstvoMizhUkrainoiuTaSpoluchenimKorolivstvomVelikoiBritaniiTaPivnichnoiIrlandii
“Population Dynamics“. United Nations. https://population.un.org/wpp/Download/Standard/Population/
“GDP per capita (current US$ - United Kingdom)“. https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=GB
Voloshyn, S. “Vilna torhivlia mizh Ukrainoiu ta Brytaniieiu: chomu tsia uhoda vazhlyva?“ [Free Trade between Ukraine and Britain: Why Is This Agreement Important?]. https://news.24tv.ua/ukrayina-britaniya-shho-pidpisav-zelenskiy-dzhonson-24-kanal_n1432099

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»