ЄВРАЗІЙСЬКИЙ ЕКОНОМІЧНИЙ СОЮЗ: ЄВРАЗІЙСЬКИЙ ЕКОНОМІЧНИЙ СОЮЗ: РОЗВИТОК ВЗАЄМНОЇ ТОРГІВЛІ ДЕРЖАВ-ЧЛЕНІВ

Abstract

The study of mutual trade of the EAEU member states is relevant from the point of view of its improvement in order to achieve the macroeconomic effect of the EAEU creation. The purpose of the article is to study the economic indicators of mutual trade between the EAEU member states and to identify the main trends and prospects for trade relations development in the EAEU integration environment. The object of the study is trade relations between the EAEU member states. Methods used in the study. The study was conducted using official statistics of the EAEU for 2014–2018 and is based on economic comparisons and systematization. The development of cooperative ties within the EAEU, an extensive list of program and reporting documents was studied. Research hypothesis. Mutual trade of the EAEU member states has positive development trends. Statement of the main material. Significant changes in the dynamics of trade relations and their regulation in Belarus, Russia, Kazakhstan, Kyrgyzstan, Armenia are associated with the creation of the EAEU. The analysis of indicators of mutual trade between the EAEU member states showed that the Russian Federation occupies a leading position in mutual trade, and the Russian market is main market for goods from other EAEU member states. Trends indicate that the benefits of integration within the EAEU are not fully realized. Originality and practical value. Further development of EAEU trade relations is seen in the context of regional economic integration. Development on a cooperative basis will save the costs of the EAEU member countries and take advantage of the specialization of the countries. Conclusion. Intensification of mutual trade of the EAEU member states is possible by stimulating consumer and industrial demand, increasing the export of high-tech products and diversifying exports