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The article analyzes the competitive positions in the system of modern international trade of the world's largest regional integration community – the European Union (EU), consisting of 28 member countries. The most important trends in the dynamics and geographical structure of the EU's foreign trade relations are considered against the background of increasing global turbulence, as well as in the run-up to the UK's withdrawal from this grouping. Based on actual and statistical data, the author substantiates the claim that the leading integration bloc managed to maintain its leadership in the world commodity exchange in the conditions of increasing global uncertainty due to its well-thought-out foreign trade policy, which includes a number of quite effective tools. According to the author, the experience gained by the EU is undoubtedly of interest for a more detailed study, since during the entire six-year period under review (2014-2019), there were very significant changes in the sphere of world trade, both at the global and regional levels. These include rising tensions caused by the spread of protectionist sentiments among leading actors, the formation of new types of trade alliances, and the use of sanctions against competitors under the guise of untenable rhetoric. However, the current year has brought more large-scale disasters associated with the emergence of a new virus infection of a planetary scale. Such trends have a negative impact on the dynamics of global trade, including foreign trade relations of the European Union.

FOREIGN TRADE RELATIONS OF THE EUROPEAN UNION IN THE CONTEXT OF INCREASING GLOBAL UNCERTAINTY