




































AGORA International Journal of Economical Sciences, http://univagora.ro/jour/index.php/aijes 

ISSN 2067-3310, E-ISSN 2067-7669 

Vol. 19, No. 1 (2025), pp. 371-385 

 

371 

 

REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN 

TRADE: SHIFTS IN EXPORTS, IMPORTS, GEOPOLITICAL IMPACT 

AND SPILLOVER ECONOMIC EFFECTS 
 

L. ZOMCHAK, S. OHORODNYK 

 

Larysa Zomchak¹, Svitlana Ohorodnyk²    

¹ ² Ivan Franko National University of Lviv, Ukraine  

¹ https://orcid.org/0000-0002-4959-3922, E-mail: lzomchak@gmail.com   

² E-mail: sviitlana.ohorodnyk@lnu.edu.ua  

  

Abstract: This paper provides an in-depth analysis of the regional features of Ukraine's 

foreign trade in goods, focusing on export and import dynamics for 2024 and historical trends. 

The study aims to assess the state of foreign economic activity across different regions of 

Ukraine, using statistical data from the State Statistics Service of Ukraine and Customs Service 

of Ukraine. The paper explores the key sectors driving foreign trade, such as products of plant 

origin, machinery, and mineral products, while considering the impact of the ongoing martial 

law on trade activities. The methodology includes multidimensional ranking techniques, such 

as integral estimation, to assess regional economic performance based on export-import 

volumes, business operations, and economic indicators. The key findings reveal significant 

regional disparities in foreign trade activity, with Kyiv and Dnipropetrovsk regions showing 

the highest levels of trade. The paper also highlights a decline in overall trade performance 

compared to previous years, underlining the adverse effects of the current geopolitical 

situation. The findings suggest that improving Ukraine's foreign economic activity and 

expanding its international market presence are essential for economic recovery and growth. 

Keywords: regional development, foreign trade, region, model, assessment, regional 

disparities, export, import, regional analysis, multidimensional, ranking, resilience, shocks, 

spatial, spillover. 

 

INTRODUCTION  

The integration of Ukraine into the global economic landscape is a critical factor for its 

sustainable development and future prosperity. This paper delves into an in-depth analysis of 

the regional dimensions of Ukraine's foreign trade in goods, examining both export and import 

dynamics. Utilizing statistical data provided by the State Statistics Service of Ukraine, this 

study aims to comprehensively assess the state of foreign economic activity across the diverse 

regions of the country as of January 1, 2024. Furthermore, it contextualizes these contemporary 

figures by examining historical trends and comparing them with data from 2015 and 2022, 

offering a longitudinal perspective on the evolution of regional trade patterns. 

The structure of Ukraine's foreign trade in goods reveals key sectors driving its 

international commerce. Notably, the ongoing martial law in Ukraine has significantly 

influenced this export composition, leading to a redirection of certain goods, particularly 

machinery and equipment, towards domestic needs. Regional analysis of export volumes 

indicates a concentration of activity in Kyiv (28%) and the Dnipropetrovsk region (16.7%), 

highlighting existing regional disparities in trade contribution (Customs Service of Ukraine, 

n.d.). 

On the import side, machinery, equipment, and mechanical appliances, including 

electrical devices (19.5%), represent the largest category, followed by mineral products (12%) 

and products from the chemical and related industries (11%). The demand for imported goods 

https://orcid.org/0000-0002-4959-3922
mailto:lzomchak@gmail.com
mailto:sviitlana.ohorodnyk@lnu.edu.ua


REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN 

EXPORTS, IMPORTS, GEOPOLITICAL IMPACT AND SPILLOVER ECONOMIC 

EFFECTS 

372 

 

is also geographically concentrated, with Kyiv city (45%), Lviv region (9%), and 

Dnipropetrovsk region (8%) exhibiting the highest import volumes in 2024 (Customs Service 

of Ukraine, n.d.). These regional variations in both export and import activities are likely 

influenced by a confluence of factors, including population density, geographic characteristics, 

and the overall level of economic development within each region. 

Beyond the sectoral and regional breakdown, understanding Ukraine's key international 

trade partners is crucial. The data presented in this paper reveals a strong reliance on trade with 

Europe and Asia, a pattern largely dictated by geographical proximity. Interestingly, imports 

from these continents significantly outweigh exports, pointing to potential inefficiencies in 

Ukraine's current foreign economic activity. A notable exception is trade with Africa, where 

export volumes considerably surpass imports. 

A comparative analysis of trade data spanning 2015, 2022, and 2024 reveals a 

concerning trend of declining overall export volumes coupled with increasing imports, 

suggesting a weakening of Ukraine's economic position and a growing reliance on foreign 

goods. This underscores the imperative for strategies aimed at bolstering the international 

presence of Ukrainian-produced goods and services to foster economic recovery and growth. 

To provide a robust assessment of the external economic engagement of Ukraine's 

regions, this study employs a multidimensional approach. Recognizing the limitations of 

evaluating regional performance based on single indicators, the methodology incorporates 

integral estimation techniques. This allows for a comparative analysis of regions across 

multiple criteria, encompassing export-import volumes, business operations related to customs 

activities, and broader economic indicators. By standardizing and weighting these diverse 

factors, this research aims to provide a nuanced understanding of the relative foreign economic 

activity levels across Ukraine's regions, ultimately informing policy recommendations for 

enhanced international trade and economic development. 

 

1.1.Literature review 

The study of regional trade agreements (RTAs) and their impact on international trade 

has been a significant area of research in recent decades. Studnicka, Thierie, and Van Hove 

(2019) examined the impact of RTAs on European exports, providing insights into how these 

agreements shape trade patterns within Europe. Park (2020) offered a broader perspective by 

analyzing RTAs in East Asia, discussing their historical context and future implications for the 

region's development. The Regional Comprehensive Economic Partnership Agreement and its 

implications for Europe, highlighting the interconnectedness of regional trade dynamics across 

different continents, are either explored by authors (Hilpert, 2025). Qose and Dibra (2023) 

provided a broader analysis of international trade policies and markets. 

Several studies have also investigated the factors influencing trade and economic 

growth in specific regions. Nurjannah et al. (2023) focused on the relationship between inter-

regional trade and economic growth in ASEAN countries, emphasizing the importance of 

corruption control and human development indicators. The authors examined the effects of 

regional trade integration and the transition to renewable energy on environmental quality in 

South Asia, adding an environmental dimension to the analysis of trade dynamics (Murshed et 

al., 2021). 

The resilience of regional economies in the face of global challenges, such as trade 

wars, has also been a subject of scholarly attention. He et al. (2024) explored the role of global 

connections and local networks in enhancing regional resilience during trade disruptions. The 

impact of digital trade, trade openness, and foreign direct investment on productivity has been 

investigated, highlighting the evolving nature of international trade in the digital age (Dai et 

al., 2025). 



Larysa ZOMCHAK, Svitlana OHORODNYK 

 

373 

 

In addition to economic factors, other dimensions of regional trade have been explored, 

such as the ecological implications of trade practices. Mulligan et al. (2023) assessed the risk 

of invasive species spread through the live bait trade, underscoring the importance of 

considering ecological factors in trade analysis. The specific context of Ukraine's external 

sector and regional trade agreements has been examined by several researchers. Lukianenko, 

Pokydko, and Tokarchuk (2022) discussed the sustainability of Ukraine's external sector in the 

context of high risks, while Kryvenko (2021) analyzed the realities and prospects of Ukraine's 

regional trade agreements. Zomchak and Klochnyk (2023) investigated the tendencies, 

determinants, and interdependencies between various indicators of Ukraine's external sector. 

Sirenko et al. (2024) conducted a comprehensive analysis of the relationship between 

international trade relations and regional development, examining the influencing factors. 

Further contributions to this area include the work of Vdovyn and Zomchak (2022), who 

explored Ukraine's export in services during the pre-pandemic period, Covid-19, and the 

ongoing war. Additionally, Zubko (2024) proposed strategies for the development of 

international trade in Ukraine, offering insights into future directions. 

Several studies have also focused on the methodologies used to analyze trade patterns 

and their economic impacts. Gopalakrishnan, Ciuriak, and Singh (2015) provided a review of 

models used to quantify mega-regional trade agreements. Harris and Liu (1998) utilized input-

output modeling to analyze urban and regional economies, emphasizing the significance of 

external trade. Jiang et al. (2020) explored methods for improving subnational input-output 

analyses using regional trade data. Arbolino, Boffardi, and Di Caro (2023) measured regional 

trade resilience in Italy during crises. Bludova and Savchuk (2017) modeled the economic 

security of regional external trade flows. Barbero, de Lucio, and Rodríguez-Crespo (2021) 

measured the impact of COVID-19 on trade flows through government policy responses. Cai 

(2023) employed a calibrated gravity model to analyze interregional trade. Zhao and Mun 

(2023) used a panel vector autoregressive model to analyze the impact of the RCEP on intra-

industry trade. Khan et al. (2023) used dynamic autoregressive distributed lags model and 

kernel based regression and examined emissions-adjusted international trade. Kurniawan and 

A’yun (2022) used an autoregressive distributed lag (ARDL) model to analyze the relationship 

between export, FDI, and economic growth in Indonesia. Hatipoglu, Considine, and AlDayel 

(2023) employed a global vector autoregression simulation to study the transnational effects of 

sanctions. Jafari, Engemann, and Zimmermann (2023) adopted a network perspective in their 

analysis of food trade and regional trade agreements. Oberhofer and Pfaffermayr (2021) 

estimated the trade and welfare effects of Brexit using a panel data structural gravity model. 

Zomchak and Miskiv (2024) used structural equations method. 

The application of machine learning techniques in trade analysis has also gained 

prominence. Blöthner and Larch (2022) revisited the determinants of regional trade agreements 

using machine learning. Baier and Regmi (2023) utilized machine learning to capture 

heterogeneity in trade agreements. Kopczewska (2022) discussed the opportunities of spatial 

machine learning for regional science. Huang et al. (2021) employed a BP neural network 

approach for regional logistics demand forecasting, and Cheng and Huang (2022) used a deep 

neural network to analyze regional economic growth factors in the digital economy. Yotov 

(2022) examined the role of domestic trade flows in estimating the gravity model of trade. 

These studies collectively contribute to a broader understanding of the complexities of 

regional trade, highlighting the importance of considering economic, environmental, and 

geopolitical factors in the analysis of trade dynamics. They also provide a valuable context for 

the present study, which focuses on the regional dimensions of Ukraine's foreign trade in goods, 

offering additional insights into the specific challenges and opportunities faced by the country 

in its pursuit of enhanced international trade and economic development.  



REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN 

EXPORTS, IMPORTS, GEOPOLITICAL IMPACT AND SPILLOVER ECONOMIC 

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374 

 

1.2.Export and import in Ukraine 

The analysis is based on statistical data regarding regional volumes of foreign trade in 

goods, provided by the State Statistics Service of Ukraine. 

As of January 1, 2024, the total export volume amounted to 3,400,037.91 thousand USD 

(Customs Service of Ukraine, n.d.). The exported goods can generally be categorized into the 

following groups: live animals and products of animal origin; products of plant origin; animal 

or vegetable fats and oils; prepared foodstuffs; mineral products; products of the chemical and 

related industries; polymeric materials, plastics, and related products; wood and wood 

products; textile materials and products; footwear, headgear, and umbrellas; articles of stone, 

gypsum, and cement; natural or cultured pearls, precious and semi-precious stones; base metals 

and related products; machinery, equipment, and electrical devices; optical and photographic 

instruments; weapons, ammunition, and their components; various industrial goods; and works 

of art.  

The largest share of exports consists of products of plant origin (37.2%), followed by 

animal or vegetable fats and oils (15.4%), and prepared foodstuffs (10.1%) (Customs Service 

of Ukraine, n.d.). This export structure is significantly influenced by the ongoing martial law 

in Ukraine, as many goods, particularly machinery and equipment, are being redirected for 

domestic use by the state. 

According to the data presented on the map, the highest volume of exported goods 

originates from Kyiv (28%), followed by the Dnipropetrovsk region (16.7%) (Customs Service 

of Ukraine, n.d.). 

Overall, the structure of regional exports is illustrated in Figure 1. 

 

Figure 1.  Regional volumes of goods exports in Ukraine for January 2024 

 
Source: Developed by the authors based on data from the Customs Service of Ukraine, n.d. and 

State Statistics Service of Ukraine, n.d.  



Larysa ZOMCHAK, Svitlana OHORODNYK 

 

375 

 

 

In terms of imports, the largest categories are machinery, equipment, and mechanical 

appliances, including electrical devices (19.5%), followed by mineral products (12%) and 

products from the chemical and related industries (11%) (Customs Service of Ukraine, n.d.). 

Figure 1.2 illustrates which regions of Ukraine had the highest demand for imported goods in 

2024. The leading regions include Kyiv city (45%), Lviv region (9%), and Dnipropetrovsk 

region (8%). 

 

Figure 2.  Regional volumes of imports of goods in Ukraine for January 2024 

   
Source: Developed by the authors based on data from the Customs Service of Ukraine, n.d. and 

State Statistics Service of Ukraine, n.d. 

 

In general, these indicators are influenced by factors such as population size, geographic 

area, and the level of economic development in each region. 

It is also important to examine Ukraine's key trade partners, specifically, the continents 

with which the country engages in trade and the extent of that cooperation. Relevant data are 

presented in Tables 1 and 2. 

 

Table 1. Amount trading partner of Ukraine with continents in exports goods in 2024  (in 

thousands of US dollars ). 

Europe Asia America Africa Australia and 

Oceania 

1,759 883 108 316 2 

EU countries - 1933              CIS countries - 136 

Source: Developed by the authors based on data from the Customs Service of Ukraine, n.d. and 

State Statistics Service of Ukraine, n.d. 



REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN 

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Table 2. Amount trading partner of Ukraine with continents in imports goods in 2024 (in 

thousands of US dollars) 

Europe Asia America Africa Australia and 

Oceania 

2453 1659 324 65 32 

EU countries - 2275            CIS countries - 58 

Source: Developed by the authors based on data from the Customs Service of Ukraine and 

State Statistics Service of Ukraine, n.d. 

 

Ukraine primarily cooperates with Europe and Asia, a trend largely influenced by the 

country’s geographical location. A significant portion of this cooperation consists of imports, 

which exceed exports by nearly 50%. This imbalance highlights the current inefficiencies in 

Ukraine’s foreign economic activity. The only exception is Africa, where the volume of 

exported goods is four times higher than the volume of imports. 

A comparison of data from Appendix A, which presents statistics for the years 2015 

and 2024, reveals a general decline in Ukraine’s export volumes, while imports have increased. 

This trend suggests a deterioration in the country’s economic position and a growing 

dependence on foreign goods. These findings underscore the need to enhance the presence of 

Ukrainian-produced goods and services in the international market. 

 

METHODOLOGY 

To model the external activity of the regions of Ukraine, it is important to analyze the 

situation that currently exists. It is necessary to compare regions not by one indicator, for 

example, the balance, but by several that will describe the region from different directions. It 

is also important to work with the latest data, or by the trend over several years. Such an 

analysis can be done using a taxonomic or integral assessment (Zomchak, L., & Hakava, S. 

(2025)). 

The first method by which a certain situation can be analyzed is integral estimation. In 

the initial table X weekend data expressed peculiar for each indicator, in different units 

measurement. Therefore, it is necessary to calculate the matrix of standardized Z indicators. 

 The first step is to calculate the average value for each of the criteria. To do this, you 

can use the formula:  

𝑥�̅� =
∑ 𝑥𝑖𝑗

𝑚
𝑗=1

𝑚
 ,     (1) 

where  𝑥�̅�is the arithmetic mean value of the criterion, 

 𝑥𝑖𝑗- value of criterion i a certain object research j , 

 𝑚– number of objects research . 

Next The next stage is to calculate the standard deviation for each of the criteria, which 

is calculated using the formula: 

𝜎𝑖 = √
∑ (𝑥𝑖𝑗−𝑥�̅�)𝑚

𝑗=1

𝑚−1
 ,    (2)  

where  �̅�is the arithmetic mean value of the criterion, 

  𝑥𝑖𝑗- value of criterion i a certain object research j, 

  𝑚– number of objects research. 

These values are needed to calculate the standardized matrix Z. To do this, use the 

following formula: 

𝑧𝑖𝑗 =
𝑥𝑖𝑗−𝑥�̅�  

𝜎𝑖
,     (3) 



Larysa ZOMCHAK, Svitlana OHORODNYK 

 

377 

 

where  �̅�is the arithmetic mean value of the criterion, 

  𝑥𝑖𝑗- value of criterion i of a certain element j, 

 𝜎𝑖– mean square deviation. 

Another stage of calculating the integral assessment of the foreign economic activity of 

the regions of Ukraine is the calculation of partial coefficients, i.e. the matrix K. Assessment 

comes down to assigning a numerical value level competitiveness.  

It should be noted that not all indicators can be converted into partial coefficients in the 

range (0;1) by dividing by their maximum value, since for stimulating factors the largest value 

will be the most desirable, and for de-stimulating factors the smallest. 

Considering this is necessary distribute all indicators for two groups: stimulating and 

disincentive factors . 

Calculation partial coefficients for disincentive indicators are made as follows: 

К𝑖𝑗 =
𝑚𝑎𝑥𝑧𝑖−𝑧𝑖𝑗

𝑚𝑎𝑥𝑧𝑖−𝑚𝑖𝑛𝑧𝑖
 ,    (4) 

For indicators stimulants The calculation is made using the formula: 

К𝑖𝑗 =
𝑧𝑖𝑗−𝑚𝑖𝑛𝑧𝑖

𝑚𝑎𝑥𝑧𝑖−−𝑚𝑖𝑛𝑧𝑖
,    (5) 

where  𝑧𝑖𝑗is the actual value criterion for a certain sample element, 

𝑚𝑖𝑛𝑧𝑖- − minimal value criterion, 

𝑚𝑎𝑥𝑧𝑖– maximum value criterion. 

The final integral score is calculated as the average value for the criteria of each region, 

that is, according to the formula: 

Ij =
∑ Kij

n
i=1

n
 ,     (6) 

where  𝐼𝑗is the integral estimate of the jth sample element, 

𝐾𝑖𝑗- partial coefficient i -th criterion of j -th research object, 

𝑛– number of criteria. 

 

RESULTS AND DISCUSSION 

Each region of Ukraine exhibits varying levels of development, influenced by factors 

such as geographical location, population size, availability of natural resources, and other 

indicators. These factors significantly affect the level of foreign economic activity in each 

region. Assessing the foreign economic activity of Ukraine is a key component in shaping 

effective economic policy, enhancing competitiveness in the global market, and ensuring the 

country’s sustainable development. Therefore, it is crucial to evaluate the development of 

foreign economic activity for each region and identify areas where increased state intervention 

is necessary to support further growth. 

In this assessment, both the integral evaluation method and the taxonomic method are 

used. These methodologies enable equitable comparisons across regions by considering both 

factors that facilitate and those that hinder development. 

Due to the ongoing martial law in Ukraine, data for many indicators in 2024 are 

unavailable. Consequently, the analysis focuses on the current state in 2024 using the accessible 

data, alongside a comparative analysis for 2022 and 2015. 

For 2024, the following criteria are used to analyze the foreign economic activity of 

Ukrainian regions: 

 Total value of exports of goods and services 

 Total value of imports of goods and services 

 Number of enterprises authorized to conduct customs brokerage activities 

 Number of enterprises authorized to open and operate temporary storage warehouses 

 Number of relocated enterprises that have moved to the region 



REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN 

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 Consumer price indices 

For the years 2022 and 2015, the analysis includes the following indicators: 

 Total value of exports of goods and services 

 Total value of imports of goods and services 

 Number of enterprises authorized to conduct customs brokerage activities 

 Number of enterprises authorized to open and operate temporary storage warehouses 

 Export volumes by business entities categorized by number of employees 

 Consumer price indices 

 Capital investments 

 Population size 

 Import volumes by business entities categorized by number of employees 

Data were collected for all 24 regions of Ukraine, with Kyiv included as part of the 

Kyiv region. The data sources include the State Statistics Service of Ukraine, the National Bank 

of Ukraine, and the Customs Service of Ukraine. 

Since exports and imports are the primary indicators of regional foreign economic 

activity, it is advisable to track their volumes across the regions. This information is presented 

in Figures 3 and 4. 

 

Figure3.  Volume of exports of goods and services in 2022 and 2015 

 
Source: Developed by the authors based on data from the Customs Service of Ukraine, n.d. and 

State Statistics Service of Ukraine, n.d. 

 

The data on the export of goods of the Kyiv region for 2022 exceed the upper limit and 

amount to 12,559,421.3 thousand dollars. 

From Figures 3 and 4 it can be seen that the highest indicators are in the Kyiv region. 

This shows the positive development of this region, but imports also have high values, so the 

situation is ambiguous. 

To ensure an accurate assessment of each region, an integral evaluation was carried out 

using a set of selected criteria, defined as follows: 

 Total value of exports of goods and services (X₁) 

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Larysa ZOMCHAK, Svitlana OHORODNYK 

 

379 

 

 Total value of imports of goods and services (X₂) 

 Number of enterprises granted permission to conduct customs brokerage activities (X₃) 

 Number of enterprises granted permission to open and operate temporary storage 

warehouses (X₄) 

 Number of relocated enterprises that moved to the region (X₅) 

 Consumer price index (X₆) 

Figure 4 presents a comparison of import volumes of goods and services by region in 

2022 and 2015. 

 

Figure4.  Comparison of import volumes of goods and services by regions in 2022 and 2015. 

 
Source: Developed by the authors based on data from the Customs Service of Ukraine, n.d. and 

State Statistics Service of Ukraine, n.d.  

 

For the years 2022 and 2015, additional indicators were introduced: 

 Total value of exports of goods and services (X₁) 

 Total value of imports of goods and services (X₂) 

 Number of enterprises granted permission to conduct customs brokerage activities (X₃) 

 Number of enterprises granted permission to open and operate temporary storage 

warehouses (X₄) 

 Export volume of goods by business entities, categorized by number of employees (X₅) 

 Consumer price index (X₆) 

 Capital investments (X₇) 

 Population size (X₈) 

 Import volume of goods by business entities, categorized by number of employees (X₉) 

Using Formula 1, where m is the number of regions, average values for each indicator were 

calculated. The results are as follows: 

For 2024: X 1 - 102137.5 , X 2 - 205978.4 , X 3 - 214.6 ,  X 4 - 7.5 ,  X 5 - 789.3 ,   X 6 - 

101.0 . 

For 2022: X 1 - 1834252.6 , X 2 - 2157382.6 , X 3 - 195.8 , X 4 - 7.0 , X 5 - 930.7 , X 6 - 

107.6 , X 7 - 17069.2 , X 8 - 1713768.0 , X 9 - 3880.7 . 

 

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REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN 

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For 2015: X 1 - 1185824.2 , X 2 - 1354255.0 , X 3 - 89.6 , X 4 - 1.3 , X 5 - 631.1 , X 6 - 

103.1 , X 7 - 10464.8 , X 8 - 1785.2 , X 9 - 985.8 . 

The next step involves calculating the standard deviation using Formula 2. The results 

are presented in Table 3. 

Table 3. Calculated values of the mean square deviation 

Source: calculated by the authors 

Since the values of each criterion are expressed in different units of measurement, the 

matrix of criterion values (X) was standardized to create matrix Z. Standardization was 

performed using Formula 3, which incorporates the calculated average and root mean square 

values.  

An important consideration in the assessment process is that some criteria reflect a 

region’s development positively when their values are higher, while others have a negative 

impact. Therefore, the set of criteria is divided into stimulating and destimulating indicators. 

For 2024, the stimulating criteria include: X₁, X₃, X₄, and X₅, while the destimulating criteria 

are X₂ and X₆. 

For 2022 and 2015, the stimulating criteria are: X₁, X₃, X₄, X₅, X₇, and X₈, and the 

destimulating ones are: X₂, X₆, and X₉. 

Accordingly, the reference vector for 2024 is: 

p = (+, −, +, +, +, −) 

And for 2022 and 2015: 

p = (+, −, +, +, +, −, +, +, −) 

The next step in calculating the integral assessment of foreign economic activity in 

Ukraine’s regions is the computation of partial coefficients, forming matrix K. At this stage, 

Formula (1.4) is applied to stimulating criteria, while Formula (5) is used for destimulating 

criteria.  

The final step is the calculation of the integral assessment, obtained as the arithmetic 

mean of the partial coefficient values (matrix K) for each region. The results are illustrated in 

Figures 5-7. 

 

 

2024 2022 2015 

X1 114586.45 2635861.3 1408891.791 

X2 541282.39 5151295.573 3418617.903 

X3 626.49653 571.5169935 244.01 

X4 5.6103876 5.4092 1.6854 

X5 1444,408 1088.2 845.27 

X6 0.391185 2.9188 0.4634 

X7  34519 20272.45133 

X8  1030460.687 1035.7 

X9  4153.593422 1937.3 



Larysa ZOMCHAK, Svitlana OHORODNYK 

 

381 

 

Figure 5.  The value of the integrated assessment of regions for 2024 

 
Source: Calculated by the authors  

  

Based on the data presented in Figures 5–7, it is possible to analyze regional 

development trends, track the growth or decline of the integral assessment for individual 

regions, and evaluate the overall situation in the country. 

To facilitate this analysis, the regions are classified into five categories based on their 

integral assessment scores: 

 First class – regions with an integral score of 0.6 and above 

 Second class – score within the range [0.5–0.6) 

 Third class – score from 0.4 to 0.5 inclusive 

 Fourth class – score within the range [0.3–0.39] 

 Fifth class – regions with an integral score below 0.3 

According to the data for 2024, no region falls into the first class. The second class 

includes only the Kyiv region. The Dnipropetrovsk region is classified in the third class. 

Regions such as Vinnytsia, Odesa, Poltava, Sumy, Zaporizhia, Cherkasy, Lviv, Khmelnytskyi, 

Zhytomyr, and Volyn demonstrate average performance and are therefore assigned to the 

fourth class. All remaining regions are placed in the fifth class.  

It is noteworthy that the Kyiv region demonstrates the highest score, with a gap of 

nearly 0.2 compared to other regions. This reflects its relatively high level of economic 

development and active participation in foreign economic activity. 

In general, the overall situation in the country is not favorable. The average integral 

assessment score for Ukraine in 2024 is 0.309, indicating a low level of development in the 

sphere of foreign economic activity. This outcome is primarily attributed to the ongoing state 

of war. 

 

Figure 6.  The value of the integrated assessment of regions for 2022 

  
Source: Calculated by the authors  

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REGIONAL INTEGRAL ASSESSMENT OF UKRAINIAN FOREIGN TRADE: SHIFTS IN 

EXPORTS, IMPORTS, GEOPOLITICAL IMPACT AND SPILLOVER ECONOMIC 

EFFECTS 

382 

 

 

For 2022 it is slightly better. 

In 2022, there is an oblast that belongs to the first group – Kyiv. Its integral score is 0.6. 

There are no oblasts in the second class. 

The third class includes the Odesa and Dnipropetrovsk regions. 

All the rest, except Kirovohrad region, belong to the fourth class. Kirovohrad region, 

whose integral indicator is 0.27, belongs to the fifth class. 

The average value of the integral indicator for all regions of Ukraine is 0.38. 

In 2015, no region was included in the first class of regions. Dnipropetrovsk and Kyiv 

have the highest values, 0.57 and 0.55 respectively, so they belong to the second class. The 

third class includes 7 regions: Lviv, Odesa, Volyn, Poltava, Mykolaiv, Ternopil and Donetsk. 

All other regions are classified as class 4. Regions critical fifth- grade students in this year. The 

average value for all regions is 0.39. 

Overall, the trend is downward. The best situation for the country as a whole was in 

2015, the worst in 2024. The score fell by 0.09, which indicates the need to improve the foreign 

economic activity of Ukraine's regions. 

 

Figure 7. The value of the integrated assessment of regions for 2015 

 
Source: Calculated by the authors  

 

If we analyze specific regions, we can see that Kyiv region was in second position in 

2015, and in 2022 and 2024 it is leading. In 2022, it is the only one that entered the first class. 

In the remaining regions, such dynamics are not observed.  

 

CONCLUSIONS 

This study offers a comprehensive regional integral assessment of Ukrainian foreign 

trade, meticulously analyzing the shifts in its export and import landscape. Our findings 

underscore significant disparities in regional performance, with Kyiv and Dnipropetrovsk 

consistently exhibiting higher trade activity. This concentration reflects an uneven distribution 

of economic development and participation in international trade across Ukraine, echoing 

broader regional imbalances observed in contexts like ASEAN countries (Nurjannah et al., 

2023). These regional differences are crucial, as they highlight the potential for spatial spillover 

effects, where the economic vitality or decline of dominant regions can influence the trade 

performance of neighboring or less developed areas. Understanding these spillover 

mechanisms is key to fostering more balanced national development. 

The analysis further highlights the profound geopolitical impact of ongoing martial law 

on Ukraine's foreign trade structure and volume. The observed shifts in exports, particularly 

the redirection of key goods like machinery and equipment towards domestic use and a general 

decline in overall export volumes, demonstrate the severe challenges posed by the current 

security situation.  

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Larysa ZOMCHAK, Svitlana OHORODNYK 

 

383 

 

This aligns with Vdovyn and Zomchak's (2022) examination of the war's impact on 

Ukraine's services exports, reinforcing the notion of widespread disruption. Concurrently, the 

increasing reliance on imports, predominantly from Europe and Asia, raises concerns about 

Ukraine's economic vulnerability. This trend resonates with broader discussions on 

international trade policies and markets (Qose & Dibra, 2023), emphasizing the need to 

strengthen domestic production capabilities to mitigate future risks and enhance national 

resilience. 

Our integral assessment methodology proved effective in providing a nuanced 

understanding of regional foreign economic activity. By considering a range of indicators, 

including export-import volumes, customs operations, and broader economic factors, this 

approach offers a more holistic evaluation than traditional single-indicator analyses. This 

innovative methodology builds upon established approaches for analyzing urban and regional 

economies, such as input-output modeling, but extends it by integrating a broader set of 

indicators relevant to crisis conditions. The assessment results underscore an urgent need for 

targeted interventions to improve the foreign economic performance of less developed regions, 

which are particularly susceptible to negative spatial spillover effects, and to enhance Ukraine's 

overall competitiveness in the global market. 

The comparative analysis of trade data from 2015, 2022, and 2024 reveals a concerning 

downward trend in Ukraine's foreign trade performance. The deterioration in the country's 

integral assessment score, particularly amidst ongoing challenges, aligns with the high risks 

identified for Ukraine's external sector (Lukianenko, Pokydko, & Tokarchuk, 2022). 

Addressing these challenges is paramount for mitigating the negative economic consequences 

of the current crisis and laying the foundation for sustainable recovery and growth. This 

reinforces the importance of proactive measures like those suggested by Zubko (2024) for the 

development of international trade in Ukraine. 

In summary, this research emphasizes the critical importance of enhancing Ukraine's 

foreign economic activity and expanding its presence in international markets. Our findings 

call for a multifaceted approach encompassing policy reforms, targeted regional development 

strategies that account for spatial spillover economic effects, and robust support for domestic 

industries. This study contributes new insights by offering a detailed, regionally-disaggregated 

assessment within the context of war. Our use of an integral assessment methodology provides 

a unique comparative lens, highlighting specific disparities and trends crucial for navigating 

current difficulties and paving the way for a more resilient and prosperous future. 

 

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