Research Article
International Trade in Medical Goods: Lessons from the COVID-19 Pandemic
- 1Oles Honchar Dnipro National University, Ukraine
- 2Odessa National Economics University, Ukraine
International Journal of Psychology and Strategic Communication, Vol. 1, No. 2, pp. 266–276, 2025
Published 24 May 2025
https://doi.org/10.61030/YCOJ2940
- review
- double-blind
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- CC-BY-4.0
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- 2025
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Abstract
This article provides a detailed analysis of global trade in medical goods, focusing on the challenges and lessons learned from the COVID-19 pandemic. Emphasis is placed on the role of the World Trade Organization (WTO) in regulating trade in medical goods. The study examines the dynamics of trade before and during the pandemic, highlighting changes in supply and demand structures. It analyzes political and economic measures taken by governments to ensure access to medical supplies during the pandemic and assesses their effectiveness and impact on global supply chains. The authors find that unequal access to vaccines was linked to geopolitical interests and economic imbalances between countries. The article concludes that the system for regulating international trade in medical goods needs reform to ensure fairer and more efficient access to vital medical goods in the future.
Keywords: International trade, medical goods, pandemic, COVID-19, exports, imports
Title
International Trade in Medical Goods: Lessons from the COVID-19 Pandemic
Journal / Publisher Details
Abstract
This article provides a detailed analysis of global trade in medical goods, focusing on the challenges and lessons learned from the COVID-19 pandemic. Emphasis is placed on the role of the World Trade Organization (WTO) in regulating trade in medical goods. The study examines the dynamics of trade before and during the pandemic, highlighting changes in supply and demand structures. It analyzes political and economic measures taken by governments to ensure access to medical supplies during the pandemic and assesses their effectiveness and impact on global supply chains. The authors find that unequal access to vaccines was linked to geopolitical interests and economic imbalances between countries. The article concludes that the system for regulating international trade in medical goods needs reform to ensure fairer and more efficient access to vital medical goods in the future.
Keywords
International trade, medical goods, pandemic, COVID-19, exports, imports
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Cite this article
Oleh Mykhailenko, Student, Oles Honchar Dnipro National University, Dnipro, Ukraine, & Roman Pavlov (2025). International Trade in Medical Goods: Lessons from the COVID-19 Pandemic. International Journal of Psychology and Strategic Communication, 1(2). https://doi.org/10.61030/YCOJ2940
Oleh Mykhailenko, Student, Oles Honchar Dnipro National University, Dnipro, Ukraine, & Roman Pavlov (2025) 'International Trade in Medical Goods: Lessons from the COVID-19 Pandemic', International Journal of Psychology and Strategic Communication, 1(2). Available at: https://doi.org/10.61030/YCOJ2940
Oleh Mykhailenko, Student, Oles Honchar Dnipro National University, Dnipro, Ukraine, & Roman Pavlov. "International Trade in Medical Goods: Lessons from the COVID-19 Pandemic." International Journal of Psychology and Strategic Communication 1(2) (2025). https://doi.org/10.61030/YCOJ2940
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author = {Oleh Mykhailenko and Student, Oles Honchar Dnipro National University, Dnipro, Ukraine and Roman Pavlov},
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