Assessment of dynamics and structure of goods export of the Lviv region to the countries of the European Union

Abstract

The article analyzes the current state and tendencies of development of industrial goods export from Lviv кegion to the countries of the European Union. The paper reveals that in the period 2000–2018 there was a growing tendency of the volume of industrial production, which in 2018 increased 27.6 times compared to the beginning of the analyzed period. The situation on the foreign market was also found to be positive: in 2018 the volume of export of manufactured goods increased more than 30 times compared to 2000. The peculiarities of export of goods from Lviv Region are investigated. The share of exports of goods to EU countries in the total export of goods from the Lviv Region is estimated to be significantly high and ranging from 64.2 per cent in 2010 to 78.6 per cent in 2018. A number of the largest trading partners among the European Union countries to which industrial goods from Lviv Region are exported are highlighted. The largest export of industrial goods from the EU countries was sent to Denmark, Italy, Germany, Poland, Slovakia and the Czech Republic. The dynamics and structure of export of industrial goods from Lviv Region to the countries of the European Union are presented. It is estimated that, in terms of the structure of export of industrial goods, a significant share is occupied by the export of wood and its products (11.0–11.9 per cent), textile materials and textile products (12.2–16.4 per cent), machinery, equipment and mechanisms, electrical equipment (30.6-35.1 per cent) and various industrial goods (13.7-16.5 per cent). The main reasons for the decline in exports of industrial goods from Lviv Region to the EU countries in 2018 are highlighted. In particular, such reasons are: decrease in production of some industrial products in the region, dependence on the level of world prices for these goods and on the market situation of industrial goods in EU countries, increase in export of manufactured goods to other countries of the world.