Abstract
The article proves that the effective economic development of Ukraine is facilitated by foreign economic relations, which are a determining factor in the development and modernization of the economy, an important step towards solving many social problems and a driver of scientific and technological development. It is proved that the revival of foreign economic activity will promote the country's integration into the international economic space and will determine it not just as a partnership and mutually beneficial cooperation, but as a process that will serve as an effective means of solving global problems. The most significant in nature means of economic regulation of foreign economic activity depending on its impact on the competitive advantages of the enterprise. The expediency of determining the level of competitiveness of industry taking into account the important structural characteristics (the level of industrial economy, specialization of industry, its internal and external efficiency) is proved. The author's definition of the concept of competitiveness of industrial production is given - its permanent ability to withstand competition due to the availability of appropriate potential provided a high level of efficiency and a means for further development of long-term strategies for long-term development and conquest of foreign markets.
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