Journal
УКР   ENG
Socio-Economic Problems
of the Modern Period of Ukraine
   



Collection SEPSPU -- sep2023.03.027

Repository of Institute of Regional Research UDC 339.5.053.7:339.56; JEL R13, R58
Sozanskyy, L. Y. (2023). Tovarnyy eksport Ukrayiny v umovakh suchasnykh vyklykiv [Commodity exports of Ukraine in the conditions of current challenges]. In Sotsial'no-ekonomichni problemy suchasnoho periodu Ukrayiny [Socio-Economic Problems of the Modern Period of Ukraine]: Vol. 161 (3) (pp. 27-33). DOI: https://doi.org/10.36818/2071-4653-2023-3-4 [in Ukrainian].
Sources: 13

Authors



Sozanskyy Lyubomyr Yosypovych

Doctor of Economics, Senior Researcher

Senior Researcher, Scientific Secretary of the unit of the Department of problems of the real sector of regions' economy of the Dolishniy Institute of Regional Research of NAS of Ukraine

Contacts: lubomir4370@gmail.com, ls.ird2@ukr.net

Webpages:

Resume

The article analyzes the structure and dynamics of Ukraine's commodity exports in 2022 in monetary and weight terms by product groups and items. Exports fell in 19 out of 20 analyzed commodity groups. The structure of commodity exports of Ukraine in 2022 remained conditionally stable. Thus, the largest shares in the structure of commodity exports by commodity groups in 2021 and 2022 accounted for groups II. products of plant origin; III. 15 fats and oils of animal or vegetable origin; XV. low-value metals and products from them. The largest shares in the structure of Ukrainian exports in terms of product positions in 2022 and 2021 accounted for corn, wheat sunflower, safflower or cottonseed oil, and iron ores and concentrates. The article reveals that the dynamics and structure of exports by commodity items in monetary terms differ significantly from similar indicators in weight terms. This is explained by a significant difference between the cost of exporting raw materials and products of their processing. The export value of products of the iron ore and concentrates commodity item was 15.1 times lower than the export value of products of the pipes, tubes, and hollow, seamless profiles of ferrous metals commodity item in 2022 and 8.6 times in 2021. The author summarizes that the level of decline in Ukraine’s commodity exports in 2022 can be considered an economic achievement, taking into account the catastrophic challenges that the Ukrainian nation is struggling with, as well as in comparison with export trends in 2009 and 2014-2016. This was achieved thanks to the multifaceted, diplomatic, and organizational cooperation of the state and business, the work of the grain corridor, and the liberalization of trade with the EU. At the same time, it is worth emphasizing that the export of raw materials from a statist position constitutes the loss of potential economic benefits that could be obtained by processing these raw materials in the country.

Keywords:

commodity export, commodity group, structure

References

    
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