Statistical Measurement of Exports and Imports of Goods in Lviv Region
Integration in the global economic relations has great importance for the Ukrainian economy. The extending participation of Ukraine in globalization and integration processes has positive effects for the performance of domestic enterprises, competitiveness of domestic industrial production, output , exports and foreign economic activities as a whole.
Exports and imports are central to foreign economic relations, enabling to use advantages from labor division and promoting competitiveness enhancement .
The Western area of Ukraine and Lviv region in particular is an important industrial segment of Ukraine because of its geographical location at the borders with EU member countries. As Lviv region has a larger share in the European industrial market relative to other Ukrainian regions, this raises the importance of studies into the dynamics of exports and imports of Lviv region with EU countries.
The purpose of the article is to study the current structure and prospects of export-import transactions in Lviv region by industrial commodity group, with account to the requirements of free trade zone between Ukraine and EU.
The measurement shows the declining trend of industrial exports and imports in Lviv region in 2011-2015. The export trend was volatile, indicating change in the market conjuncture. The exports were dominated by products of wood industry, foods and beverages, and mechanical engineering. Industrial imports declined in a major part of commodity groups, as a result of national currency devaluation. Sectoral distribution of imports was dominated by mechanical engineering, textiles, mineral products and polymer materials.
АВС-analysis shows that manufacturing industries have a major share in the region’s exports. These are apparel and foods, textiles, products made of wood. A set of measures is proposed to promot e industrial development and increase the export capacities in Lviv region given the free trade zone.
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