Uzbekistan’s 2M23 trade turnover up10.5% to $9.9bn, trade deficit posted at $2.7bn

By bne IntelliNews March 27, 2024

Uzbekistan’s 2M23 trade turnover expanded by 10.5% to $9.9bn, with exports up 13.6% y/y to $3.6bn and imports gaining by 8.7% y/y to $6.3bn, according to the country’s official statistics agency.

The trade deficit was thus $2.7bn in the two-month period.

Top trade partner China accounted for $2.1bn of trade turnover, up from $1.3bn in 2M23, while second biggest trade partner Russia accounted for $1.7bn versus $1.4bn.

Trade interactions with Kazakhstan produced a turnover of $699mn, just slightly down from 2M23.

Breaking down the percentages of trade with trade partners in January and February, the statistics agency published the following:

  • China (21.5%)
  • Russia (17.8%)
  • Kazakhstan (5.9%)
  • Turkey (4.4%)
  • South Korea (3.7%)

Related Articles

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

Russia’s expulsions of migrants reportedly nearly double in 2024 to around 80,000

Russia in 2024 expelled more than 80,000 migrants for immigration rule violations, compared to 44,200 in 2023 and 26,600 in 2022, TASS reported on January 8. The Russian state news agency cited a ... more

Kazakhstan’s transit of Russian oil to Uzbekistan and China amounts to 10.2mn tonnes in 2024

Russia’s transit of oil through Kazakhstan’s pipeline system, operated by main pipeline operator KazTransOil, to China and Uzbekistan totalled 10.21mn tonnes in 2024, ... more

Dismiss