Analysis of the Ukrainian instrument-making industry international competitiveness using porter’s diamond

The article analyzes the ten-year dynamics of the export and import of instrument-making to identify the main trends in the industry. The international competitiveness of Ukraine's instrument-making has been analyzed with the use of M. Porter diamond in measurements of factor conditions (human resources, natural resources, finance, technology and infrastructure), cluster of supporting industries, domestic demand and competition in the domestic market. The method of national preferences in the industry has allowed to give full characteristics of the positive and negative factors that influence the competitiveness of the industry and identify problems and perspectives for the future development. In this study we founded that the industry is import-oriented and has problems in the areas of raw material supply, infrastructure of small towns, related industries and tough competition conditions. At the same time, there are advantages in the form of highly skilled personnel and scientific potential, as well as opportunities for attracting investment funds. The conducted research allowed to give comprehensive assess to the current state of the instrument-making industry, as well as provide a list of practical recommendations aimed to increase the competitiveness of the instrument-making in Ukraine.