RESULTS OF ANALYTICAL REVIEWS OF AGRICULTURAL EXPORT OF UKRAINE

Abstract

The intensification of the globalization processes and international integration lead to the objective necessity for continuous monitoring of trends in changes in the volume and structure of agricultural exports, as one of the main export items. The purpose of the research is to assess the state and dynamics of foreign trade in the agricultural sector and to substantiate the advantages of the domestic agricultural sector in the world agricultural markets. The following tasks were identified within this research: to investigate the activity of domestic agricultural business entities in the world food markets; to identify comparative advantages of the agricultural sector of Ukraine in the world agricultural markets in the context of the main branches of agricultural production; to assess the main risks of FEA of domestic agricultural business entities. The study used the methods of mathematical statistics, comparison, and theory of risk. The export specialization of domestic producers of agricultural products was determined and it was established that the largest export ratio is of cereals and legumes, fats and oils of animal or vegetable origin and prepared food. It was found out that there is a trend to decrease the export price of the vast majority of agricultural products. The types of agricultural products which give Ukraine comparative advantages in the world agricultural markets were identified. These include vegetables and root crops, nuts, wheat, corn, soybeans, sunflower seeds, rapeseed, oil, prepared food. The most considerable risks of domestic agricultural business entities arising from their foreign economic activity are related to random fluctuations in the yields of agricultural crops. It is promising to substantiate directions and mechanisms for solving geo-economic problems of development of the agricultural sector of Ukraine within the scope of maximizing its competitive ability and achieving global goals of sustainable development.

Keywords

• agricultural sector
• foreign trade
• exports
• comparative advantage
• risk