FORECAST EXPECTATIONS OF FOREIGN TRADE STRUCTURE OF THE REPUBLIC OF UZBEKISTAN FOR 2022–2026

Abstract

Today, foreign trade is becoming one of the important factors in ensuring stable economic growth when the world is deepening the processes of globalization. The article considers the structure of foreign trade of the Republic of Uzbekistan and analyzes the relevant indicators on its basis. It is noted that in the foreign trade, as well as in all spheres in recent years there have been radical changes due to deep reforms in our country, as well as increasing foreign trade through measures aimed at eliminating existing problems in this area and strengthening the export competitiveness of our country. The study developed a forecast of the structure of foreign trade of the Republic of Uzbekistan for 2022–2026 using the method of hierarchical time series in the computer program R. At the same time, the structure of export and import of goods and services of our country was divided into two parts by geographical direction – forecasts of export and import structure with CIS and non-CIS countries were developed.