Effectiveness of foreign trade operations and their impact on the profitability of the firm (on the basis of farming enterprise Agro-Ripky)

Abstract

The study examines the efficiency of foreign trade operations and their impact on profitability. One of the most consequential areas of activity of Ukrainian agricultural companies at the present stage is foreign trade. Enterprises with export potential that effectively manage and develop it will be more stable and competitive in the current economic environment in a highly competitive globalized world market. The study consists of theoretical and practical parts. The theoretical part covers foreign economic activity globally, supplemented by the specifics of foreign trade operations, or rather exports and imports, both in general aspects and in the Ukrainian market. The theoretical part is supported by the analysis of foreign trade operations of the agricultural enterprise Agro-Ripky. Financial indicators in the domestic and foreign markets were used to analyze the company's activities. Based on the analysis, the ways to improve the efficiency of foreign trade operations of the Agro-Ripky farm are proposed. The main recommendations are to increase the number of foreign markets for the company's products, to enter the markets of France and Romania, and in 2025 the export portfolio should include contracts with three countries.