Uzbekistan's 5M23 foreign trade turnover expanded by 25.4% y/y to $25.81bn, according to the country's national statistical agency.
Exports amounted to $10.51bn, up 24.1% y/y. Imports grew by 26.4% to $15.3bn. The foreign trade deficit was thus $4.79bn.
In May, Uzbekistan increased its gold exports to $1.3bn. Total shipments of precious metals abroad in 5M23 stood at $4.37bn, higher by 47.3% y/y.
Also in 5M23 trade, China remained Uzbekistan's top trade partner at $4.54bn (17.6% of trade turnover), with Chinese exports accounting for $3.71bn of the figure. Russia placed second. Uzbek exports to Russia amounted to $986.3mn, while imports from Russia totalled $2.85bn.
Excluding precious metals, in Uzbek commodity exports, manufactured goods accounted for the highest value, at $1.71bn.
Revenue from textile and fabric exports decreased by almost 16% y/y to $860.5mn. Exports of non-ferrous metals dropped by 12.9% y/y to $579.9mn.
Also in the five-month period, Uzbekistan spent 78.1% more on car imports than in the same period of last year, recording a figure of $570.8mn.
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
Most Read
-
Armenia courts African countries to supply diamond industry
21 days ago
-
Russia’s Alrosa finds its largest diamond ever, as Mirny mining operations restart
4 days ago
-
COMMENT: Embracing “Greater Central Asia” has become a strategic imperative for US
15 days ago
-
From blood diamonds to critical minerals: Sierra Leone’s mining transformation
22 days ago