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Integration strategies in the market system of maritime trade of Ukraine

Author

Listed:
  • Liliya Filipishyna
  • Tetiana Metil
  • Badri Gechbaia

Abstract

The article is devoted to the analysis of trends in the development of global and national maritime trade, taking into account regional specifics in Ukraine. The purpose of the article is the formation of recommendations and algorithms for the development of regional maritime trade systems, considering the consequences of full-scale military aggression. It examines the main factors that affect maritime trade in the modern world and predicts their impact on future development directions. The article deals with the growth of the global volume of maritime trade caused by the increase in the world population, the growth of consumer demand, and the development of international trade. It also examines the impact of technological innovation, automation, and digitization on maritime trade and predicts their implications for global shipping. The article examines the key challenges facing global maritime trade. The authors analyze the strategic decisions that must be made to overcome these challenges and ensure the sustainable and efficient development of maritime trade. The article draws attention to the Odesa region, which is the largest maritime hub in Ukraine and the main port on the Black Sea coast. Its geographical location, the presence of developed infrastructure, and its role in ensuring foreign trade turnover are considered. In addition to the Odesa region, the article also draws attention to the Mykolaiv region, which specializes in shipbuilding and ship repair. It is important for developing the maritime industry and attracting foreign investment. The article also examines other regions, such as Kherson, Mariupol, and Berdyansk, and their role in maritime trade. Their specializations, advantages, and contributions to foreign trade circulation are analyzed. The authors of the article give recommendations for the development of maritime trade in the regional aspect. They emphasize the need for further improvement of port infrastructure, stimulation of innovation, and the attraction of foreign investments. Based on the analysis, the authors provide recommendations for the development of maritime trade in the regions of Ukraine, considering global trends and the consequences of a full-scale military invasion. They emphasize the need to support innovation, create a sustainable ecological environment, expand trade routes, and partner with other countries and international organizations

Suggested Citation

  • Liliya Filipishyna & Tetiana Metil & Badri Gechbaia, 2023. "Integration strategies in the market system of maritime trade of Ukraine," Philosophy, Economics and Law Review Articles, Philosophy, Economics and Law Review, vol. 3(1), pages 137-145, May.
  • Handle: RePEc:cxt:phelrj:v:3:y:2023:i:1:p:137-145
    DOI: https://doi.org/10.31733/2786-491X-2023-1-137-145
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