FOREIGN TRADE RELATIONS OF CHINA AND UKRAINE IN THE FIELD OF HEAVY AND CHEMICAL INDUSTRY

Анотація

The article examines the peculiarities of foreign trade relations between China and Ukraine in the field of heavy and chemical industries. The current state of peculiarities of trade cooperation between China and Ukraine is revealed. Necessary conditions for intensification of bilateral foreign trade relations between Ukraine and China, in particular in the field of heavy and chemical industries, have been identified. The volumes of trade and investments between Ukraine and the People's Republic of China are studied. The priority goals for the development of cooperation are considered. The problematic aspects of the foreign trade relations between China and Ukraine in the field of heavy and chemical industries are highlighted. Possible prospects for the development of bilateral relations between the countries are considered. In order to determine the main factors influencing the development of partnerships in the trade and economic sphere between Ukraine and China in the period up to 2030 inclusive, a SWOT analysis (analysis of strengths and weaknesses, opportunities and threats) was conducted. Based on this analysis, external opportunities and threats to strategic cooperation between countries, as well as their strengths and weaknesses, were identified. It is determined that trade between Ukraine and China is extremely important. The structure of Ukrainian exports to China is dominated by supplies of ore, slag and ash; grains; fats and oils; food waste. The structure of imports from China is dominated by the supply of electric machines; boilers, machines; plastics, polymeric materials; means of land transport other than rail. The directions of development of foreign trade relations of China and Ukraine in the field of heavy and chemical industry are determined. Important factors that influence the development of heavy and chemical industries are described. It is determined that in order to forecast the prospects of trade relations in the field of heavy and chemical industries, it is necessary, first of all, to determine the main factors influencing the size of the market, the importance of their impact and statistics of previous years.

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