Analysis of foreign trade in services related to tourism and travel in the EU

Gorina, Ganna and Горіна, Ганна Олександрівна and Горина, Анна Александровна and Bocharova, Yuliia and Бочарова, Юлія Геннадіївна and Kryzhyminska, Yevheniia and Крижимінська, Євгенія Геннадіївна (2021) Analysis of foreign trade in services related to tourism and travel in the EU. Вісник Донецького національного університету економіки і торгівлі імені Михайла Туган-Барановського (1(74)). pp. 72-81. ISSN 2079-4819

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Abstract

The main principles of the EU tourism policy are outlined, aimed at maintaining Europe's position as a leading tourist destination while maximizing the industry's contribution to growth and employment, as well as promoting cooperation between EU countries, in particular through the exchange of best practices. The analysis of foreign trade in services related to tourism and travel in 2016-2018 in the EU countries, using the data of the UN Conference on Trade and Development, the World Trade Organization, the World Tourism Organization, revealed the key trends, namely: 1) key exporters of services related to tourism and travel in the EU are Spain, France, Great Britain, Italy, and Germany; 2) the largest increase in the volume of exports of services related to tourism and travel in the EU countries was recorded in Romania, Portugal, Finland, Slovenia, and Poland; 3) the leaders among the countries-importers of services related to tourism and travel in the EU are Germany, Great Britain, France, Italy, and Spain; 4) the largest increase in the volume of imports of services related to tourism and travel in the EU countries was recorded in Romania, Croatia, Bulgaria, Spain, and Cyprus; 5) EU countries that dominate in foreign trade turnover of services related to tourism and travel are Germany, Great Britain, France, Spain, Italy; 6) the largest positive balance of foreign trade in services related to tourism and travel among the EU countries was recorded in Spain, Italy, France, Portugal, and Austria; 7) the largest negative balance of foreign trade in services related to tourism and travel among the EU countries was recorded in Sweden, the Netherlands, Belgium, the United Kingdom, and Germany.

Item Type: Article
Uncontrolled Keywords: foreign trade in services, tourism services, tourism, service sector, tourism industry, export of services, import of services, foreign trade turnover of services, balance of foreign trade in services
Subjects: Research materials > Journal articles
Research materials > Journal articles > International Economic Relations
Academic journals of DonNUET > Bulletin of DonNUET, series «Economics»
Divisions: Educational and Scientific Institute of Hospitality Industry and Tourism > Department of Tourism and Country Studies
Depositing User: Адміністратор репозиторію
Date Deposited: 02 Nov 2021 16:40
Last Modified: 02 Nov 2021 16:40
URI: http://elibrary.donnuet.edu.ua/id/eprint/2389

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