The study of the current state and trends of development of the foreign economic activity of domestic pharmaceutical companies
Keywords:foreign economic activity, pharmaceuticals, pharmaceutical enterprise, export, import
Aim. To study the current state and trends of the foreign economic activity of pharmaceutical enterprises.
Materials and methods. The methods of analysis, synthesis and generalization of mathematical statistics
were used in the article. As materials statistical data on the foreign economic activity of pharmaceutical enterprises were applied.
Results. It has been determined that the foreign economic activity is implemented by a pharmaceutical enterprise in the form of export of finished medicines, import of active pharmaceutical ingredients, basic and auxiliary materials, equipment, as well as providing services. Export-import operations of domestic pharmaceutical enterprises analyzed indicate an increase in imports of active pharmaceutical ingredients, basic and auxiliary materials, etc., and a decrease in export operations. The main suppliers of active pharmaceutical ingredients, basic and auxiliary materials, which include Germany, Russia, Italy, China, Belarus, Georgia, Poland, Switzerland and Spain, have been identified. The countries, in which medicines are exported by domestic pharmaceutical enterprises, are given. The dynamics of balance of foreign trade operations of domestic pharmaceutical enterprises has been studied. There is a tendency to increase the share of export products in sales revenue and gross profit of the pharmaceutical enterprises studied. The trade balance
of the enterprises studied is characterized by the excess of imports over exports due to the import of API, basic and auxiliary materials. The average growth rate of the general trade balance is 0.38. The SWOT-analysis
has been conducted, and the strengths and weaknesses of the foreign trade activities of domestic pharmaceutical
companies have been identified.
Conclusions. Today, the activities of domestic pharmaceutical enterprises are import-dependent, and
it determines the urgency of increasing their export potential, reducing the risks of the foreign economic
activity and establishing foreign economic relations.
Kalinesku, T. V., Remanevska, Yu. A., Antipov, O. M. (2015). Mytnyi menedzhment. Sievierodonetsk: Vyd-vo SNU im. V. Dalia, 371.
Alekhin, A. B. (2011). Vіsnik Khmelnitckogo unіversitetu, T. 2 (4), 12.
Kasian, V. V. (2016). Vodnyi transport, 1, 147–152.
Kotvitska, A. A. Voronina, O. M., Kubarieva, I. V. (2016). Proceeding from Farmatsiia KhKhI st.: tendentsii
ta perspektyvy : materialy VIII Natsionalnoho z’izdu farmatsevtiv Ukrainy (13-16 veresnia
roku).(Vols. 1-2; Vol. 1). (pp.229). Kharkiv: NFaU.
Nemchenko, N. S., Nazarkina, V. M., Panfilova, H. L. et al. (2017). Orhanizatsiia ta ekonomika farmatsii. Ch. 1. Orhanizatsiia farmatsevtychnoho zabezpechennia naselennia. Kharkiv: NFaU: Zoloti storinky, 327.
Kabachna, A. V. (2017). Farmatsevt Praktyk, 3, 4–6.
Zarichkova, M. V. (2008). Optymizatsiia zovnishnotorhovelnoi diialnosti na vitchyznianomu farmatsevtychnomu rynku. Candidate’s thesis. Kharkiv. Available at: http://www.disslib.org/optymizatsiazovnishnotorhovelnoyi-dialnosti-na-vitchyznjanomu-farmatsevtychnomu.html
Zvit Antymonopolnoho komitetu Ukrainy zarezultatamy doslidzhennia farmatsevtychnykh rynkiv za 2016 rik. Available at: http://www.amc.gov.ua/amku/doccatalog/document?id=12257
Derzhavna sluzhba statystyky Ukrainy. Available at: www.ukrstat.gov.ua
Eurostat - European Commission. Available at : http://epp.eurostat.ec.europa.eu/portal/page/portal/publications/recently_published
Copyright (c) 2019 National University of Pharmacy
This work is licensed under a Creative Commons Attribution 4.0 International License.Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).