Trade turnover between Uzbekistan and Kazakhstan gained by 7% y/y from January to April, Azernews reported.
Total trade volume reached $1.5bn, compared to $1.4bn during the same period in 2022. Uzbekistan's exports to Kazakhstan amounted to $426.8mn, showing a significant increase of 16.4% y/y from $366.5mn.
On the other hand, Kazakhstan's exports to Uzbekistan totalled $1.08bn, up 4% y/y from $1.04bn.
Earlier this year, Kazakh Prime Minister Alikhan Smailov highlighted how Uzbekistan is one of the country's major trading partners, with bilateral trade reaching $5bn in 2022. Both nations have set a medium-term target to further increase their trade volume to $10bn.
Related Articles
Report says explosion hit pipeline that delivers Turkmen gas to Russia, but Turkmenistan no longer sells gas to Moscow
Ukrainian outlet Kyiv Post on August 2 reported sources within Ukraine's Main Military Intelligence Directorate (GUR) as stating that an explosion in Russia disabled a section of ... more
Construction work on $4.6bn Trans-Afghan Railway could reportedly be under way within six months
Construction work on the proposed Trans-Afghan Railway could be under way within six months, while the project could cost around $4.6bn to deliver and cut shipping transit times from Uzbekistan to ... more
Unusually intense heatwave hit Central Asia in March, may impact crop yields
Central Asia experienced an unusually intense heatwave in March that could have an impact on agricultural crop yields, according to an April 4 ... more