A Comparative Analysis of Exports of Services in the EU Countries and Ukraine

Abstract

The growing role of services in the economy of modern countries requires a detailed analysis of their exports as one of the key factors in the development of national economies. Especially relevant is the study of exports of services in the context of globalization and increased competition in international markets. The EU is one of Ukraine’s key trading partners, so a comparative analysis of services exports helps to determine how effectively Ukraine adapts to European standards and which sectors of the economy have the greatest potential for growth. The aim of the article is to compare the level of development of exports of services of the EU countries and Ukraine and identify the key factors contributing to its growth. The article analyzes the export of key services of both the EU countries and Ukraine using a taxonomic approach. Taxonomic indicators for the classification of countries by the level of development of exports of services have been calculated, which allowed to allocate three main groups of countries. The place of Ukraine among the EU countries is determined and the key factors influencing its position in this sphere are identified. On the basis of the results obtained, recommendations for strengthening Ukraine’s position in the international market of exports of services are formulated. Further direction of development of the study is envisaged in an in-depth analysis of specific service sectors that have the greatest potential for export in Ukraine, such as IT, financial services and outsourcing, as well as a comparative analysis of the policies of countries with an average level of exports of services and the determination of which practices can be adapted for Ukraine for further integration of Ukraine into European and global services markets.