Promotion of Ukraine’s export to China: priorities and institutional framework

  • Received July 3, 2019;
    Accepted September 30, 2019;
    Published October 7, 2019
  • Author(s)
  • DOI
    http://dx.doi.org/10.21511/ppm.17(3).2019.40
  • Article Info
    Volume 17 2019, Issue #3, pp. 508-520
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  • Cited by
    2 articles
  • Funding data
    Funder name: Kyiv National University of Trade and Economics
    Funder identifier: 352170250163968
    Award numbers: 0117U007173
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In the context of neo-protectionism and in terms of WTO membership, regulatory mechanisms for promoting the national producer and country’s external expansion require an institutional basis. This paper primarily aims to explore the resource and institutional component in promoting Ukraine’s exports to Chinese market and to identify the level of Ukraine’s export promotion system effectiveness based on combinatorial approach, which includes the calculation of quantitative indicators of foreign trade in the form of international production and marketing cooperation and estimation of qualitative parameters of export promotion effectiveness. The empirical findings indicate following: high dynamism of increasing mutual trade volume; enlargement of trade flows asymmetry caused by the negative trade balance of Ukrainian economy; limited list of commodity groups of Ukrainian exports in mutual trade with China with stable relative advantages; dominance of low-value-added commodities among export priority groups; absence of beneficial effect of such a factor as “long-term partnerships” in the mutual trade flow. The paper reveals that national export promotion system in Ukraine can be characterized by low efficiency and strong potential for growth. The authors emphasize the importance of intensifying the projects and mechanisms of financial and investment support for exporters with increasing the level of their innovative orientation. Prospects for further research in this area are as follows: the assessment of macroeconomic effects from the introduction of export promotion tools for the national economy of countries of origin of goods and importing countries; detection of anticompetitive risks in the implementation of selective support programs for exporters.

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    • Table 1. Output aggregate data of Ukraine’s foreign trade with China in 2007–2017
    • Table 2. Indices of relative advantages in the mutual trade between Ukraine and China by product groups in 2011–2017
    • Table 3. Priority commodity groups of Ukraine’s exports for sale in the Asian market by the criterion of relative advantages
    • Table 4. Integral index of regulatory effectiveness of promoting Ukraine’s export to the PRC in 2008 and 2017
    • Table 5. Matrix of the structure of Ukraine’s exports to the PRC in 2011–2017 based on ABC, XYZ analysis
    • Table 6. Matrix of the structure of Ukraine’s import from the PRC in 2011–2017 based on ABC, XYZ analysis
    • Table 7. Comparative analysis of export efficiency of certain commodity groups of Ukraine in the EU, Asia and other regions of the world in 2012–2017