Abstract

The impact of logistics and currency risks on the selection of potential foreign contractors in the implementation of enterprises foreign trade activities has been grounded in the article. To achieve this goal, the general scientific methods of research were used (method of analysis and synthesis – to study the essence of the concept of risk interpretation; the method of comparison and statistical observations – in order to distinguish the types of risks that have the greatest impact on the stage of еру potential foreign partners activities selection and evaluation, the method of comparison – to characterize the logistics and currency risks in different countries of the world based on the statistical data analysis). The study examined the essence of the “risk” concept and the necessity of taking into account both negative and positive effects on the trade companies foreign trade activities risk, being the basis for the author’s “risks in foreign trade” definition. It is noted that currency and logistic risks when choosing partners in foreign trade activities is an important stage looking for new external counterparties. The main statistical indicators have been considered (the change of the exchange rate of the Ukrainian hryvnia against the foreign currencies of the countries of the world and the Logistics Performance Index), characterizing the level of currency and logistic risks in the countries of the world, being the basis for making a list of potential importers/exporters for specific Ukrainian business entities involved in goods export and import within searching and assessing foreign trade partners.

Highlights

  • Logistic and exchange risks in the activities of foreign trade subjects The impact of logistics and currency risks on the selection of potential foreign contractors in the implementation of enterprises foreign trade activities has been grounded in the article

  • The general scientific methods of research were used

  • The study examined the essence of the “risk” concept and the necessity of taking into account both negative and positive effects on the trade companies foreign trade activities risk, being the basis for the author’s “risks in foreign trade” definition

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Summary

Introduction

Logistic and exchange risks in the activities of foreign trade subjects The impact of logistics and currency risks on the selection of potential foreign contractors in the implementation of enterprises foreign trade activities has been grounded in the article. Важливим аспектом є врахування ризиків, які виникають у зовнішньоекономічній діяльності на початковому етапі здійснення операцій експорту та імпорту товарів. Метою здійснюваного дослідження є обґрунтування впливу логістичних та валютних ризиків на вибір потенційних закордонних контрагентів під час здійснення зовнішньоекономічної діяльності торговельними підприємствами.

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