The article examines how Ukraine's foreign trade is influenced by its major economic factors from 1999 to 2018. By using economic and mathematical modeling, the researchers found a strong connection between foreign trade, foreign investment, and employment. They also discovered that innovation and investment by Ukrainian businesses in industry play a significant role in shaping the country's trade relations with the world. The study suggests that boosting innovation and investment in national enterprises can help Ukraine move away from being seen as a supplier of low-tech raw materials and improve the quality of its exports.