Uzbekistan’s foreign trade grows 6% to $26bn in Jan to April

Uzbekistan’s foreign trade grows 6% to $26bn in Jan to April
The four-month trade deficit widened to $6.38bn. / bne IntelliNews
By Mokhi Sultanova in Tashkent May 27, 2026

Uzbekistan’s foreign trade turnover reached $26.3bn in January to April, marking a year-on-year increase of $1.44bn, or 5.8%, according to data released by the national statistical committee. 

Exports declined 16.8% to $9.97bn, while imports climbed 26.7% to $16.36bn, resulting in a trade deficit of $6.38bn. This compares with a deficit of $930.2mn in the same period of 2025 and $3.58bn in 2024. 

Excluding non-monetary gold, goods exports rose 28.7% y/y to $5.01bn, pointing to continued growth in non-commodity sectors despite weaker headline export figures. 

China remained Uzbekistan’s largest trading partner, accounting for 23.6% of total trade turnover. Bilateral trade with China rose to $6.23bn in 4M26, up from $4.17bn a year earlier and $3.96bn in 2024. 

Russia followed with $4.52bn in trade, compared with $3.79bn in 2025 and $3.82bn in 2024, while trade turnover with Kazakhstan increased to $1.81bn from $1.39bn a year earlier. Other major partners included Turkey (3.5% of trade) and Afghanistan (2.8%). Uzbekistan traded with more than 175 countries. 

Goods accounted for 65.3% of exports, including industrial goods (15.0%), chemicals and related products (8.1%), various manufactured goods (7.9%) and food products and live animals (7.5%). 

The main export partners were Russia (14.5%), China (9.2%), Afghanistan (6.5%), France (5.0%), Kazakhstan (4.3%), Turkey (3.6%), the UAE (2.7%), Kyrgyzstan (2.5%) and Tajikistan (2.1%). Together, these countries accounted for more than half of Uzbekistan’s total exports. 

Exports of non-monetary gold fell sharply to $1.50bn in January to April from $5.48bn a year earlier, reducing gold’s share in exports from 45.7% to 15.1%. 

Exports of fruit and vegetable products reached 489,500 tonnes, representing a 5.6% y/y increase. In value terms, the sector generated $454.5mn, up 9.5% y/y and accounting for 4.6% of total exports. 

Textile exports totalled $1bn, or 10.1% of total exports, up 20.2% from a year earlier. Finished textile products accounted for 50.5% of the total, while yarn made up 32.5%. 

Service exports reached $3.46bn, representing a 32.6% y/y increase and accounting for 34.7% of exports. Travel and tourism contributed 47.8%, transport services 36.1%, telecommunications and IT services 10.1% and other business services 2.1%. 

In energy trade, exports of mineral fuels and related products rose 2.2% y/y to $447.5mn, accounting for 4.5% of total exports. Oil and petroleum product exports reached $234.3mn, while natural gas exports stood at $129.4mn and electricity exports totalled $82.8mn. 

Fuel imports increased 25.8% y/y to $1.44bn, accounting for 8.8% of total imports. Oil and petroleum product imports reached $821.5mn, including $327.1mn in gasoline imports, while gas imports totalled $508.3mn. 

Uzbekistan imported goods and services worth $16.36bn during the period, up 26.7% y/y. The largest import categories were machinery and transport equipment (33.7%), industrial goods (15.3%) and chemicals (12.4%). 

Goods imports increased by $3.23bn to $14.73bn, while service imports totalled $1.63bn, accounting for 10.0% of total imports and rising 15.5% y/y. 

The bulk of imports came from China (32.4%), Russia (18.8%), Kazakhstan (8.5%), South Korea (3.8%), Turkey (3.4%), India (2.3%) and the UAE (2.2%). 

Service imports were dominated by travel and tourism (46.4%), followed by transport services (21.9%), telecommunications and IT services (11.3%) and other business services (9.6%).

Data

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