Export-oriented Strategies for the Development of Agroformations: Challenges and Priorities
Year: 2024
Type: article
Abstract: The article examines the key role of strategic supplier of the profitable activities of agricultural enterprises and separate elements of the development of an export-oriented strategy for their development. It has been established that an important role in the activation of innovative development and improvement of the innovative activity of enterprises is played by export-oriented strategies, which are oriented towards revising the structure of production in the direction of reducing the share of trade in raw materials. The key elements of export-oriented strategies that can more effectively implement the strategies of such agrarian enterprises, contribute to the stable growth of the economy and strengthen the country's position on the international market have been identified. It was established that the raw material structure of export has a negative impact on the future prospects of exports. This makes it possible to obtain a result in the development of an export strategy for diversification of future sources of income due to reorientation to products with increased added value. To do this, it is necessary to start with the modernization of processing industry enterprises, attract domestic and foreign investors, implement the state agrarian policy to support agricultural producers. The directions of state agrarian policy in the conditions of modern challenges and dangers have been determined. Emphasis is placed on the plan of measures to implement the strategy of development of Ukraine's export potential by agricultural enterprises. Risk insurance is an important tool for the formation of state agrarian policy. Such measures are mandatory when developing a strategy, as a program of actions, which determines the priority areas of activity of enterprises in the foreign market, taking into account the available resources and the internal environment. The analysis of the dynamics and structure of exports of agricultural products produced by Ukrainian enterprises revealed that in recent years the level of exports has decreased, which was caused by the pandemic, and subsequently by military actions and their impact on global economic activity in the world. Taking into account the structure of national commodity exports, which largely consists of raw agricultural products, as well as the tendency to decrease the import of raw materials and the general decrease in economic activity, it can be argued that these factors became the main reason for the fall in the volume of commodity exports.
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4406715293