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

Eurasian Development Bank redeems €286mn Eurobond

The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more

Georgia’s TBC Bank weighs up separate IPO for TBC Uzbekistan digital bank

London-listed TBC Bank Group PLC (LON: TBCG) is weighing up conducting a separate initial public offering (IPO) for its TBC Uzbekistan digital bank business. Reuters on February 24 ... more

IndiGo cancels Central Asian flights until late February over Iran tensions

Indian budget carrier IndiGo has cancelled all flights to and from Tbilisi, Almaty, Baku and Tashkent until February 28 due to the developing situation around Iran, the airline announced on February ... more

Dismiss
liveChat() ?>