Trends in Economic Development in The Context of International Trade Relations: An International Comparative Analysis

Olga Moskalenko; Elmira Kabirova; Valentina Guseva; Saule Mambetalieva; Aidai Osmonova

doi:10.14419/mfn4k841

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Authors
- Olga Moskalenko Department of Economics, Kyrgyz National University named after Jusup Balasagyn, Bishkek, Kyrgyz Republic
- Elmira Kabirova Department of World Economy and International Management, Diplomatic Academy of the Ministry of Foreign Affairs of the Kyrgyz Republic, Bishkek, Kyrgyz Republic
- Valentina Guseva Faculty of Economics, Kyrgyz Russian Slavic University, Bishkek, Kyrgyz Republic
- Saule Mambetalieva Kyrgyz European Faculty, Kyrgyz National University named after Jusup Balasagyn, Bishkek, Kyrgyz Republic
- Aidai Osmonova Kyrgyz European Faculty, Kyrgyz National University named after Jusup Balasagyn, Bishkek, Kyrgyz Republic
https://doi.org/10.14419/mfn4k841

Received date: April 29, 2025

Accepted date: July 11, 2025

Published date: August 28, 2025
Export; Gross Domestic Product; Import; Inflation; Maritime Transport; Trade Sectors
Abstract

This study investigates current trends in international trade relations by examining the challenges and structural shifts facing both developed and developing economies. The research employed a combination of qualitative content analysis and comparative document analysis, focusing on economic indicators and policy developments across diverse national contexts. A systematic evaluation of macroeconomic reports, media narratives, and trade statistics enabled the identification of key disruptions, including the 2008 global financial crisis and the 2020 pandemic, both of which significantly reduced GDP in the USA, China, Germany, Argentina, and Kyrgyzstan. To assess long-term trade dynamics, the study applied comparative economic profiling, tracing changes in export volumes, trade structure, and growth forecasts. Particular attention was given to landlocked and middle-income countries, revealing that despite structural vulnerabilities, Argentina and Kyrgyzstan increased their exports of goods and services by 1.5 times. Additionally, the proportion of developing countries in global trade rose from 24% in 1964 to 44% in recent years. The study also applied geopolitical and logistical analysis to assess the impact of maritime disruptions, finding that conflicts near key transport routes have extended delivery timelines from 12 to 20 days by 2024. Furthermore, projections for landlocked countries show a post-pandemic recovery lag, with growth rates at 4.7% and 4.8% for 2024 and 2025, respectively, which remain below the pre-pandemic benchmark of 5.3%. In conclusion, while the findings underscore the vulnerability of global trade to systemic crises, they also highlight emerging opportunities for sustainable growth through strategic adaptation and export diversification. The applied methodological approach, grounded in triangulation across statistical, documentary, and discursive sources, ensures a robust basis for interpreting economic development within the evolving landscape of international trade.
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Moskalenko, O., Kabirova, E., Guseva, V., Mambetalieva, S., & Osmonova, A. (2025). Trends in Economic Development in The Context of International Trade Relations: An International Comparative Analysis. International Journal of Accounting and Economics Studies, 12(SI-2), 61-71. https://doi.org/10.14419/mfn4k841
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