Advances and Applications in Statistics
Volume 60, Issue 1, Pages 63 - 78
(January 2020) http://dx.doi.org/10.17654/AS060010063 |
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FORECASTING THE DEVELOPMENT OF FOREIGN TRADE OF RUSSIA AND VIETNAM UNTIL 2025 BASED ON LOGISTIC CURVE
B. A. Anikin, O. B. Anikin, N. Q. Thuong and P. T. Dong
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Abstract: The article proposes an approach based on the function of P. F. Verhulst, which was used to predict the development of foreign trade of the Russia and Vietnam in three groups (27, 10 and 85) of the Commodity Nomenclature of Foreign Economic Activity (CNFEA). Application of the logistic function Verhulst for forecasting various indicators is one of the possible options for finding scenarios for the development of individual companies, organizations, industries and countries. The state of trade development between Russia and Vietnam over the past ten years is presented. The model problem and methodology for predicting the development of foreign trade of the Russia and Vietnam until 2025 are described. |
Keywords and phrases: forecasting, Verhulst equation, methodology, export, import, foreign trade, goods turnover.
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