Forecasting of world market conditions as a factor in the development of the region's foreign economic complex

One of the most important factors in the development of the region's foreign economic complex (FEC) is the forecasting of the global market situation. The analysis of the factors of the development of the foreign economic complex of the region is carried out and two main groups are identified: external and internal. Among the external factors determining the efficiency and volume of export operations in the region, one of the key ones is forecasting the global market conditions. The necessity of developing forecasts of the world market conditions at the regional level is substantiated. An algorithm for developing a forecast of the region's exports, taking into account the global market conditions, is proposed.