Trade Specialization of Ukraine: Evidence of Revealed Comparative Advantages
The article provides analysis of structure of trade specialization of Ukraine in the world market and markets of its major trading partners: Russia and European Union. The dynamics of trade specialization in 2001.2004 is also analyzed. In particular, the analysis shows that Ukraine specializes in production of commodities with low value added, primarily in metallurgy products. The structure of revealed comparative advantages of Ukraine in the markets of Russia and European Union differs substantially.