INVESTMENT COMPONENT OF UKRAINIAN EXPORT DIVERSIFICATION

  This article is devoted to the structural analysis of goods and services export from Ukraine, identification of major barriers to the quality development of export enterprises and illustration of proposals concerning structural and geographical diversification of the national export basket. Firstly, the article identifies theoretical approaches to the diversification of foreign trade and factors influencing the level of country’s export concentration. Methodological aspect of assessment of economy complexity with the help of several indices was also considered, which makes it possible to determine the relative competitive advantages of the domestic household in international markets and diversification level of country's export basket. Secondly, the dynamics and structure of Ukrainian exports of goods were analyzed, as a result of which its raw material orientation was revealed. The main share of exported products is agricultural goods and mineral resources, which negatively affects the prospects for stable innovative development of domestic processing industries. Indices of export concentration and complexity of Ukraine's economy, which indicate a low level of diversification of domestic export basket, are studied. ABC-analysis Ukrainian services’ exports abroad was performed. As a result of the assessment of export activity structure, the main relative trade advantages of national economy and factors hindering the expansion of exported products range were identified. The last section of the article formulates the place of investment capital in the process of technological level increasing of domestic export basket. Ways of venture financing intensifying of innovative Ukrainian startups are identified. Reorientation institutional mechanisms and directions of geographical diversification of Ukraine's export activity are also proposed.