REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN EXPORTS, IMPORTS, GEOPOLITICAL IMPACT AND SPILLOVER ECONOMIC EFFECTS
DOI:
https://doi.org/10.15837/aijes.v19i1.7166Abstract
This paper provides an in-depth analysis of the regional features of Ukraine's foreign trade in goods, focusing on export and import dynamics for 2024 and historical trends. The study aims to assess the state of foreign economic activity across different regions of Ukraine, using statistical data from the State Statistics Service of Ukraine and Customs Service of Ukraine. The paper explores the key sectors driving foreign trade, such as products of plant origin, machinery, and mineral products, while considering the impact of the ongoing martial law on trade activities. The methodology includes multidimensional ranking techniques, such as integral estimation, to assess regional economic performance based on export-import volumes, business operations, and economic indicators. The key findings reveal significant regional disparities in foreign trade activity, with Kyiv and Dnipropetrovsk regions showing the highest levels of trade. The paper also highlights a decline in overall trade performance compared to previous years, underlining the adverse effects of the current geopolitical situation. The findings suggest that improving Ukraine's foreign economic activity and expanding its international market presence are essential for economic recovery and growth.