Competitive advantages of the Transcarpathian region are:- Favorable geographical position – the region borders with four EU countries (in the south of Romania, in the south-west of Hungary, in the west of Slovenia, in the northwest of Poland);- Ramified transport system and cross-border infrastructure;- Highly skilled human resources;- The availability of the natural resource base;- Development of the tourism and recreational industry;- Ecologically clean area.
On the territory of the Transcarpathian region is located 914 enterprises. In the structure of industrial production is dominated by the following economic activities: engineering, chemical, light, food and wood industries.Businesses and organizations of the region is carried out foreign trade operations in more than 90 countries around the world.
№ |
Main export partners | %
|
Main import partners | %
|
1 | Hungary | 48,6 | Belarus | 12,7 |
2 | Russian Federation | 14,2 | China | 12,4 |
3 | Austria | 6,6 | Czech Republic | 10,6 |
4 | Slovakia | 6,2 | Germany | 10,1 |
5 | Germany | 5,8 | Russian Federation | 8,2 |
6 | Poland | 3,4 | Hungary | 7,8 |
In 2015 311.5 million US dollars of direct investment was attracted into the economy of the region.
The volume of direct investments as of 2015
№ | Country | mln. dol. USA | % |
1 | Holland | 41,0 | 13,2 |
2 | Germany | 36,1 | 11,6 |
3 | Poland | 36,0 | 11,5 |
4 | Japan | – | – |
5 | Austria | 30,3 | 9,7 |
6 | USA | 27,7 | 8,9 |
7 | Hungary | 19,6 | 6,3 |
8 | Italy | 14,8 | 4,7 |
9 | Malta | 13,8 | 3,7 |
10 | Cyprus | 9,4 | 3,0 |
11 | Other countries | 51,1 | 16,5 |
Priority sectors for investment in the region are:
– Mechanical engineering;
– Agribusiness;
– Tourism and recreation;
– Wood-working and wood-processing industry;
– light industry;
– Electrotechnical industry;
– Warehousing and commercial property.