FORECASTING THE EXPORT VOLUME OF THE KYZYLORDA REGION OF THE REPUBLIC OF KAZAKHSTAN
Abstract
The article presents the results of forecasting the export of the Kyzylorda region of the Republic of Kazakhstan. According to the article the export data of the Kyzylorda region of the Republic of Kazakhstan are characterized by an unstable trend. According to the article, since 2014 the region has experienced an annual decline in export volumes which is associated with a decrease in oil production due to the exhaustion of resources, as well as a drop in uranium production which is associated with the price situation. It is emphasized that at the same time, industrial production is being reoriented to other types of economic activities related to innovation, in particular, the export of ammonium metavanadate and other products started in 2016. It is stated that the forecast of export volume showed an increase in export volumes in the following years, due to an increase in investment in innovative products. The dynamics of investments in innovations in the Kyzylorda region is considered, a model is built and a forecast of the volume of investments in innovations is made.
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