ЕКСПОРТ ПОСЛУГ ДО ВЕЛИКОЇ БРИТАНІЇ В КОНТЕКСТІ РЕАЛІЗАЦІЇ ІНТЕГРАЦІЙНОГО ПОТЕНЦІАЛУ УКРАЇНИ

Abstract

Exports of services is one of the key factors for successful fulfillment of Ukraine’s integration potential. The study focuses on Ukraine’s trade in services with the United Kingdom of Great Britain and Northern Ireland in the context of the signed Political, Free Trade and Strategic Partnership Agreement. On March 20, 2023 the Digital Trade Agreement between Ukraine and the United Kingdom of Great Britain and Northern Ireland is signed. The analysis of the data taken from the State Statistics Service of Ukraine allows to consider the dynamics of exports, imports, balance of trade in services between 2016 and 2021. The results show that: firstly, exports of services to Great Britain in 2016 – 462.9 mln USD or 4.69% of all exports of services of Ukraine, while in 2021 – 784.5 mln USD or 6.14%; secondly, the share of services imports from Great Britain in the total services imports of Ukraine has been decreasing – from 10.57% in 2016 to 7.64% in 2021; however, imports of services from the United Kingdom in 2016 – 563.1 mln USD, while in 2021 – 609.6 mln USD. Thirdly, during the period under review the turnover of services increased from 1026.0 mln USD in 2016 to 1394.0 mln USD in 2021. Fourthly, in 2016 the balance of trade in services is negative of 100.3 mln USD and in 2021 it is positive of 175.97 mln USD. It is underlined that in 2021 Great Britain occupies the fourth place among the major partner countries of Ukraine in exports of services and the third place among the major partner countries in imports of services. In 2021, according to the State Statistics Service of Ukraine, the main types of services exported to Great Britain are the following: services in the sphere of telecommunications, computer and information services – 497.3 mln USD or 62% with positive balance of 426.4 mln USD; transport services – 153.4 mln USD or 19.1% with positive balance of 116.8 mln USD, and business services –109.5 mln USD or 13.6% with negative balance of 52.0 mln USD. In 2021 the main types of services imported from the United Kingdom are: business services – 161.5 mln USD or 27,2%; financial services – 88.9 mln USD or 15% with negative balance of 86.6 mln USD; travel services – 87.5 mln USD or 14.7% with negative balance of 76.6 mln USD; royalty and other intellectual property services – 86.6 mln USD or 14.6% with negative balance of 82.2 mln USD; services in the sphere of telecommunications, computer and information services – 70.9 mln USD or 11.9%. Overall, the integration processes between the two countries, revealed through the trade in services, have been strengthened.