Analyses of the trade relations between the Republic of North Macedonia and Ukraine

Miteva-Kacarski, Emilija and Cabuleva, Kostadinka (2022) Analyses of the trade relations between the Republic of North Macedonia and Ukraine. Knowledge-International Journal, 52 (1). pp. 45-50. ISSN 2545-4439 (Online)

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Abstract

Ukraine is one of the countries with which the Republic of North Macedonia has signed a bilateral free
trade agreement. Taking into account this fact, in this paper it has been made an analysis of the value, dynamics and
structure of the foreign trade between the Republic of North Macedonia and Ukraine for the time period of 2012-
2021. It has been also analyzed the competitiveness of Macedonian products at the Ukrainian market so that the
product categories with a comparative advantage can be determined, using the Standard International Trade
Classification and the Balassa Index. The results of the analysis point to the fact the Republic of Macedonia has a
comparative advantage in the export of food and live animals, as well as the beverages and tobacco.
Keywords: The Republic of North Macedonia, Ukraine, foreign trade, comparative advantage, Balassa Index.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Emilija Miteva
Date Deposited: 02 Sep 2022 09:51
Last Modified: 02 Sep 2022 09:51
URI: https://eprints.ugd.edu.mk/id/eprint/30165

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