Strategic directions for deepening export relations of Ukraine with EU countries in the high-tech sector

Iermakova Olga
Doctor of Economics, Professor, Head of the Department of Economic and Ecological Development of Coastal Regions, State Organization “Institute of Market and Economic&Ecological Researches of the National Academy of Sciences of Ukraine”, Professor of the Department of International Economic Relations, Odesa National Economic University, Odessa, E-mail:impeer@ukr.net, ORCID ID: https://orcid.org/0000-0002-9815-3464

Cite this article:

Iermakova O. (2022) Strategic directions for deepening export relations of Ukraine with EU countries in the high-tech sector. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Stratehichni oriientyry pohlyblennia eksportnykh vidnosyn Ukrainy iz krainamy YeS u vysokotekhnolohichnomu sektori; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odessa National Economic University (ISSN 2313-4569), Odessa National Economics University, Odessa, No. 7 (296), pp. 41-47.

Abstract

The purpose of the scientific article is to determine the strategic direcctions for the development of the high-tech sector of Ukraine in the context of foreign economic integration with the European Union. The issue of export orientation of the high-tech sector is investigated in the article considering its importance for the national economy in terms of the gross added value generated by it. It is proposed to use a high-tech and export-oriented model of the development of foreign trade with the EU. In the current economic model of export in Ukraine goods with low added value prevail. Therefore, the concept of increasing the share of exports of goods with high added value is relevant for the Ukrainian economy, in particular in the context of the development of the Ukraine-EU free trade zone. Depending on the added value generated by the type of economic activity, and the share it has in the total volume of exports, all types of economic activity of the high-tech sector are classified into four groups: strategic leaders (Computer programming, consulting and information services provision; Production of machinery and equipment), potential leaders (Production of pharmaceutical products; Production of other vehicles; Publishing activities; production of films and videos, television programs, publication of sound recordings; radio and television broadcasting activities; Telecommunications (electrocommunication);Research and development), current leaders (Production of chemicals and chemical products), problem sectors (Production of electrical equipment; Production of computers, electronic and optical products; Production of motor vehicles, trailers and semi-trailers). The proposed methodical approach contributes to identifying the potential for increasing exports, increasing the added value created in the state, and, therefore, structural restructuring of the national economy.

Keywords

export, gross value added, high-tech sector, European integration.

JEL classification: F130, F150, O100, C670; DOI: 10.32680/2409-9260-2022-7-296-41-47

UD classification: 339.564:001.895(477:4-6ЄС)(045)

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