THE RESEARCH OF FOREIGN ECONOMIC ACTIVITIES OF BRICS COUNTRIES

The article deals with the activities of the BRICS member countries. The research paper analyzes the level of economic development and foreign economic activity: GDP, population, export-import operations. The analysis of the weaknesses and strengths of BRICS foreign economic activity was carried out and the factors of influence were identified. The extrapolation method was used to create export and import predictive models. The tendencies of development of economic and trade processes in the group are determined. A draft recommendation is proposed in order to improve the interaction between country members of the group.