International Journal of Computer Science & Network Security

International Journal of Computer Science & Network Security (국제컴퓨터통신보호논문지학회)
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Fulfilling the Export Potential of Agricultural Production in the Context of Aggravating Global Food Crisis

  • Hassan Ali Al-Ababneh (Faculty of Administrative and Financial Sciences - E - Marketing and Social Communication, Irbid National University) ;
  • Ainur Osmonova (Department of Accounting, Analysis and Audit, Faculty of Economics, State Educational Institution of Higher Professional Education Kyrgyz-Russian Slavic University named after the first President of the Russian Federation B.N. Yeltsin) ;
  • Ilona Dumanska (Department of International Economic Relations, Faculty of International Relations, Khmelnytskyi National University) ;
  • Petro Matkovskyi (Department of Accounting and Taxation, Faculty of economics, Vasyl Stefanyk Precarpathian National University) ;
  • Andriy Kalynovskyy (Department of Foreign Trade and Customs, Institute of Economics and Management, Lviv Polytechnic National University)
  • Received : 2024.07.05
  • Published : 2024.07.30
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Abstract

Creation and implementation of export-oriented strategy is an urgent issue of economic development of any country. In an export-oriented model of economic development, exports should be a means of promoting economic growth and a tool to strengthen existing and potential competitive advantages. Agricultural production is the key factor in exports and the source of foreign exchange earnings in many countries. However, the export potential of agricultural producers may be inefficiently fulfilled due to the heterogeneity of countries in terms of economic development, trade relations and border policy. The aim of the research is to study the nature, main trends and problematic aspects of fulfilling the export potential of agricultural production in the context of aggravating food crisis. The study involved general scientific methods (induction and deduction, description, analysis, synthesis, generalization) and special (statistical method, economic analysis, descriptive statistics and interstate comparisons, graphical method). The need to ensure food security by countries around the world urges the importance of the agricultural sector as a catalyst for economic development, sources of foreign exchange earnings, investment direction, etc. The study of agricultural specialization led to the conclusion that wheat and sugar are goods with the highest export potential. It is substantiated that the countries of South America, OECD, North America and Europe have the highest level of realization of export potential of agricultural production, and African countries are import-dependent. In addition, the low export orientation of Africa and Asia due to the peculiarities of their natural and climatic conditions is established based on the assessment of export-import operations in the regional context. The internal and external export potential of each of the regions is analysed. Economic and mathematical simulation of assessing the impact of the most important factors on the wheat exports volumes was applied, which allowed predicting wheat exports volume and making sound management decisions regarding the realization of the export potential of agricultural companies. The inverse correlation between the exports volume and wheat consumption per capita, and the direct correlation between the effective size and area of land used for wheat cultivation was established through the correlation and regression analysis.

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References

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