Forming the Ukrainian Foreign Trade Strategy: Institutional Issues

The trends and relationship between indicators of Ukraine's GDP and foreign trade are studied. The time-series econometric model of the three indicators is composed with the trend method, using a linear function, based on which the forecast of GDP and foreign trade by 2015 is made. The features of export-oriented strategy, implemented in Ukraine, with proposals to reorient and modify foreign policy towards import substitution through the use of institutional incentives are defined. The prospect of further research of a foreign trade strategy is the development and examination of alternative strategies.