PROBLEM AND PERSPECTIVES OF UKRAINE AND STATE OF AFRICA FOREIGN ECONOMIC RELATION (FOR EGYPT EXAMPLE)

  • Anna Bogoroditska University of Finance and Custom Service
  • Irina Petrenko University of Finance and Custom Service
  • Nyckoly Orlyk University of Finance and Custom Service
Keywords: foreign economic relation, export and import goods and service, investment and investment project

Abstract

The article is dedicated to foreign economic relation Ukraine and African State. For example was took Egypt. There are some scientific publication about Ukrainian and African state cooperation. These publications analyze cooperation Ukraine and state of Northern Africa. At the article was given analyze of foreign trade between Ukraine and Africa state to 2014. The article analyzes foreign trade relation Ukraine and Egypt from 2016. At the article the law of foreign relation Ukraine and Egypt. Now a day, there are 31 laws on government and ministry level between Ukraine and Egypt. Goods structure of foreign goods and service trade Ukraine and Egypt was analyzed. The structure of Ukrainian export is very different. The main article of Ukrainian export were mineral fuel (24.08% of Ukrainian export), corn (20.58%), ferrous metals (9.08%), woods (9.01%), wheeled vehicles (6.5%), fats (6.13%), paper and cardboard (1.53%). Ukrainian import item are fruits and nuts (41.38% of Ukrainian import from Egypt), vegetable (39.6%), wear (5.72%), machines (2.3%), carpets (1.6%), electronic equipment (1.3%), pharmaceutical products (1.27%). As we see, the foreign trade between Ukraine and Egypt doesn’t have strategic character. The export and import has resource character. Ukraine has net-import, part of Ukraine of world service import at 1.9% and part of world export is 1.1%. The part of Africa state in Ukrainian service import is 3.7%, and part of Ukrainian export to African region is only 0.6%. The leader of export service to Ukraine is Egypt, Tunis, Algeria. Touristic service was given by Egypt and Tunis, service of aircraft. Finance service was given by Algeria. The leader of service export was Egypt. It was busyness service, transport service, telecommunication, and computer and information service, payment of intellect service. At the article investment activity Ukraine and Egypt was analyzed. Ukrainian investments are direct to tourism (54.4%), building (16.7%), service (10.6%), communication and information technology (5.3%), industry (5.2%), finance (4.7%), and agriculture (3%). Also Ukrainian company gets offers to invest to manufacture, aluminum production, aircraft industry, pharmaceutical industry, petrochemistry. At the article conclusion about cooperation Ukraine and Egypt. At the article investment activity Ukraine and Egypt was analyzed.

Author Biography

Anna Bogoroditska, University of Finance and Custom Service

кандидат економічних наук, доцент

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How to Cite
Bogoroditska, A., Petrenko, I., & Orlyk, N. (1). PROBLEM AND PERSPECTIVES OF UKRAINE AND STATE OF AFRICA FOREIGN ECONOMIC RELATION (FOR EGYPT EXAMPLE). Economic Scope, (176), 9-14. https://doi.org/10.32782/2224-6282/176-1
Section
WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS