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Ukraine's Trade Specialization: What Revealed Comparative Advantages Have to Say

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  • Vitaliy Vavryshchuk

Abstract

The article focuses on Ukraine's merchandise trade on world markets, and particularly on the markets of its main trading partners—Russia and the European Union (EU), during the 2001-7 period. It demonstrates that Ukraine specializes mostly in producing goods with low value added, primarily metal products, and shows that there are qualitative differences in the structure of Ukraine's revealed comparative advantages on Russian and EU markets. An analysis of Ukraine's revealed comparative advantage indicates that antidumping duties or quotas are more likely to be applied to goods in which Ukraine enjoys a comparative advantage on its partners' markets.

Suggested Citation

  • Vitaliy Vavryshchuk, 2007. "Ukraine's Trade Specialization: What Revealed Comparative Advantages Have to Say," Problems of Economic Transition, Taylor & Francis Journals, vol. 50(7), pages 37-45.
  • Handle: RePEc:mes:prectr:v:50:y:2007:i:7:p:37-45
    DOI: 10.2753/PET1061-1991500703
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