CURRENT STATE AND PROSPECTS FOR DEVELOPMENT OF TRADE AND ECONOMIC RELATIONS BETWEEN UKRAINE AND THE KINGDOM OF DENMARK

Анотація

The current state of bilateral relations between Ukraine and the Kingdom of Denmark is determined. The structure and volume of trade relations between the countries are analyzed. It is established that the main share of bilateral trade and economic relations between the countries is international trade. Ukraine has a constant positive balance in service trade, the main of which are: services for processing material resources, services in the field of telecommunications, computer and information services, transportation services, business services. Imports of services is dominated by: transport services, business services, royalties and other services related to the use of intellectual property, telecommunications service, computer and information services and travel services. In bilateral trade in goods, volume of imports predominate over exports, and Danish imports are represented by goods such as: live products, inert gases with hydrogen, and minerals. In addition, imports include finished food products, textiles, as well as equipment and vehicles. The main part of Ukrainian merchandise exports consists of: cereals, textiles and furniture, clothing, machinery and nuclear reactors, as well as wood and wood products. Emphasis is placed on the development of investment cooperation between the countries. The dynamics, structure, volume and forecast of direct investment from Denmark into the economy of Ukraine are given. The most attractive areas for Danish investors are agriculture and fisheries, industry, textiles, clothing, leather, leather and other materials products, wholesale and retail. The one-sided nature of investment cooperation has been identified, which indicates the lack of interest of Ukrainian investors in economic projects in Denmark. Attention is paid to the support of the Kingdom of Denmark to Ukraine approaching European integration and full membership in the European Union. Promising areas of bilateral trade and economic cooperation are identified: military, scientific and technical, humanitarian, cultural. Emphasis is placed on the inconsistency of economic cooperation between Ukraine and the Kingdom of Denmark in their potential opportunities both in qualitative and quantitative terms.

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