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Review on Volumes of Foreign Economic Operations with Agricultural Products

Received: 5 November 2019     Accepted: 29 November 2019     Published: 25 December 2019
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Abstract

One of the main tasks for the state is approximation of the Ukrainian legislation to the EU Member States’ legislation in the area of trade and economic relations. For Ukraine, as an independent state, which today faces serious economic problems, the important task is to decide how to take the path of sustainable development of the economy, tax and financial system in the context of the European integration. Ukrainian agriculture and food industry are not sufficiently integrated into the international trading system, as evidenced by the low percentage of exports and imports of agricultural and food products in gross agricultural production. In recent years, in Ukraine, the percentage of exports of agricultural and food products was 16%, compared to 25% in Poland and 53% in France and Germany. Therefore, it is very important for Ukraine to improve the level of competitiveness for domestic products. The article describes the dynamics of agri-food exports and imports into countries, and it has been found a negative trade balance. The commodity structure of exports and imports of Ukrainian agricultural products is discussed. The reasons for the steady growth of imports are substantiated. Measures to improve the trade balance have been proposed.

Published in International Journal of Economics, Finance and Management Sciences (Volume 7, Issue 6)

This article belongs to the Special Issue Taxation of Foreign Economic Operations with Agricultural Products

DOI 10.11648/j.ijefm.20190706.17
Page(s) 222-226
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Foreign Economic Activity and Operations, Agricultural Products, Export, Import

References
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[2] Kredysov, A., & Babenko, V. (2003). Polityka stymuliuvannia eksportu ta yii instrumenty [Politics of stimulating export and its tools]. Ekonomika Ukrainy, 2, 4–7.
[3] Shpichak, O. O. (2004). Opodatkuvannia eksportno-importnykh operatsii z produktsiieiu roslynnytstva [Taxation of export-import operations with crop production]. Kyiv: NNCIAE.
[4] Filipenko, A. S., & Verhun, V. A. (1996). Ekonomika zarubizhnykh krain [The economy of foreign countries]. Kyiv: Lybid, 416.
[5] Ukrainian Agribusiness Club (2018). The main indicators of foreign trade in Ukraine. Retrieved from http://ucab.ua/ua/doing_agribusiness/zovnishni_rinki/osnovni_pokazniki_zovnishnoi_torgivli_ukraini
[6] Statistics, Economics, Politics, Persons (2019). Rysky vneshnei torhovly Ukrayni [Risks of Ukraine’s Foreign Trade]. Retrieved from https://zet.in.ua/statistika-2/eksport-import/riski-vneshnej-torgovli-ukrainy/
[7] The Common Agricultural Policy Explained. European Commission Directorate-General for Agriculture and Rural Development. Retrieved from http://ec.europa.eu/agriculture/publi/capexplained/cap_en.pdf
[8] European commission. Retrieved from http://ec.europa.eu/index_en.htm
[9] Regulation (EC) No 450/2008 of the European Parliament and of the Council of 23 April 2008 laying down the Community Customs Code (Modernised Customs Code). (2008). Official journal of the European Union, L 145/1. Retrieved from https://publications.europa.eu/en/publication-detail/-/publication/3ac826c5-29db-4029-ba3d-57a52937609c/language-en
[10] Sharma, R. (2003). The Transmission of World Price Signals: Concepts, Issues, and Some Evidence from Asian Cereal Markets. In: Tangermann, S. and Burgeat, E. (eds.), Agricultural Trade and Poverty: Making Policy Analysis Count, Paris, Organisation for Economic Co-operation and Development, pp. 60–141.
[11] Melnyk, M., Korcelli-Olejniczak, E., & Chorna, N. (2018). Development of regional IT clusters in Ukraine: institutional and investment dimensions. Economic Annals-XXI, 173, 9–10.
[12] Shevchenko, N. Yu. (2015). Osnovni chynnyky vplyvu na podatkovi nadkhodzhennia vid zovnishnoekonomichnykh operatsii z produktsiieiu ahropromyslovoho vyrobnytstva [The main factors influencing tax revenues from foreign economic operations with products of agro-industrial production]. Scientific Bulletin of NULES of Ukraine, 231.
[13] Lemishko O. O. (2015). Statistical estimation of the functional dependence of GDP growth rate and capital components. Actual problems of the economy (Aktualni problemy ekonomiky, 12, 377-389.
[14] Lemishko, O. O. (2016/2). The Effect of Financial Policies on the Effectiveness of Agricultural Production. Actual problems of the economy (Aktualni problemy ekonomiky), 12, 411-424.
[15] Choi, K., & Lim, S. (2019). A reappraisal of strategic trade policies with the endogenous mode of competition under vertical structures. Journal of international trade & economic development, 28, 11‒29. doi: https://doi.org/10.1080/09638199.2018.1482948.
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  • APA Style

    Natalie Yuriivna Shevchenko, Olena Oleksandrivna Lemishko. (2019). Review on Volumes of Foreign Economic Operations with Agricultural Products. International Journal of Economics, Finance and Management Sciences, 7(6), 222-226. https://doi.org/10.11648/j.ijefm.20190706.17

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    ACS Style

    Natalie Yuriivna Shevchenko; Olena Oleksandrivna Lemishko. Review on Volumes of Foreign Economic Operations with Agricultural Products. Int. J. Econ. Finance Manag. Sci. 2019, 7(6), 222-226. doi: 10.11648/j.ijefm.20190706.17

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    AMA Style

    Natalie Yuriivna Shevchenko, Olena Oleksandrivna Lemishko. Review on Volumes of Foreign Economic Operations with Agricultural Products. Int J Econ Finance Manag Sci. 2019;7(6):222-226. doi: 10.11648/j.ijefm.20190706.17

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  • @article{10.11648/j.ijefm.20190706.17,
      author = {Natalie Yuriivna Shevchenko and Olena Oleksandrivna Lemishko},
      title = {Review on Volumes of Foreign Economic Operations with Agricultural Products},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {7},
      number = {6},
      pages = {222-226},
      doi = {10.11648/j.ijefm.20190706.17},
      url = {https://doi.org/10.11648/j.ijefm.20190706.17},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20190706.17},
      abstract = {One of the main tasks for the state is approximation of the Ukrainian legislation to the EU Member States’ legislation in the area of trade and economic relations. For Ukraine, as an independent state, which today faces serious economic problems, the important task is to decide how to take the path of sustainable development of the economy, tax and financial system in the context of the European integration. Ukrainian agriculture and food industry are not sufficiently integrated into the international trading system, as evidenced by the low percentage of exports and imports of agricultural and food products in gross agricultural production. In recent years, in Ukraine, the percentage of exports of agricultural and food products was 16%, compared to 25% in Poland and 53% in France and Germany. Therefore, it is very important for Ukraine to improve the level of competitiveness for domestic products. The article describes the dynamics of agri-food exports and imports into countries, and it has been found a negative trade balance. The commodity structure of exports and imports of Ukrainian agricultural products is discussed. The reasons for the steady growth of imports are substantiated. Measures to improve the trade balance have been proposed.},
     year = {2019}
    }
    

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    AU  - Natalie Yuriivna Shevchenko
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    Y1  - 2019/12/25
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    PB  - Science Publishing Group
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    AB  - One of the main tasks for the state is approximation of the Ukrainian legislation to the EU Member States’ legislation in the area of trade and economic relations. For Ukraine, as an independent state, which today faces serious economic problems, the important task is to decide how to take the path of sustainable development of the economy, tax and financial system in the context of the European integration. Ukrainian agriculture and food industry are not sufficiently integrated into the international trading system, as evidenced by the low percentage of exports and imports of agricultural and food products in gross agricultural production. In recent years, in Ukraine, the percentage of exports of agricultural and food products was 16%, compared to 25% in Poland and 53% in France and Germany. Therefore, it is very important for Ukraine to improve the level of competitiveness for domestic products. The article describes the dynamics of agri-food exports and imports into countries, and it has been found a negative trade balance. The commodity structure of exports and imports of Ukrainian agricultural products is discussed. The reasons for the steady growth of imports are substantiated. Measures to improve the trade balance have been proposed.
    VL  - 7
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    ER  - 

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Author Information
  • Department of Finance, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine

  • Department of Finance, National University of Life and Environmental Sciences of Ukraine, Kyiv, Ukraine

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