Uzbekistan’s foreign trade turnover expands 23% to $35bn in 7M23

By bne IntelIiNews August 24, 2023

The foreign trade turnover of Uzbekistan expanded by 23.3% y/y to $34.9bn in 7M23, according to the Uzbek Statistics Agency.

China was Uzbekistan’s top trade partner (turnover of $6.9bn, accounting for 19.7% of trade volume), Russia was second ($5.3bn, accounting for 15.1% of trade volume) and Kazakhstan was third ($2.49bn, accounting for 7.1% of trade volume).

Offering more detail on trade with Kazakhstan, the statistics agency said that in the seven months Uzbekistan exported goods worth $807.7mn to its Central Asian neighbour, while imports from Kazakhstan amounted to $1.68bn.

In full-year 2022, bilateral trade between Kazakhstan and Uzbekistan reached $5bn.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Russia’s phantom yuan liquidity shortage

As the Central Bank of Russia (CBR)’s prime rate approaches 20%, lending in rubles has become nearly impossible for Russian businesses. Companies are already spending one ruble in four on servicing ... more

Angola-focused rare earths miner Pensana signs offtake deal with Hanwa amid EV & FCV push

Rare earths miner Pensana has signed a nonbinding memorandum of understanding (MoU) with Japanese trading group Hanwa Co., Ltd for the offtake up to 20,000 tonnes per year of mixed rare earth ... more

Nigeria and China sign nuclear energy pact during President Tinubu's visit to Beijing

Nigeria and China signed several memoranda of understanding (MoUs) during President Bola Tinubu’s visit to Beijing, including agreements on proposed infrastructure and nuclear energy projects. ... more

Follow Us On

Most Read

  1. Can the BRICS beat the G7?
    6 days ago
  2. Hezbollah leader relocated to Tehran
    6 days ago
  3. Aggressive “furry movement” teens made up as cats and dogs face crackdown in Uzbekistan
    9 days ago
  4. BRICS members hoping to develop a digital "BRICS Pay" cryptocurrency international trade system
    8 days ago
  5. Africa, Asia most people living in extreme poverty
    1 year ago
  1. PROFILE: Remigijus Zemaitaitis, Lithuania's new radical-right leader
    18 days ago
  2. RAGOZIN: What is Zelenskiy’s real Plan B?
    1 month ago
  3. LONG READ: Europe has lost its competitive edge
    26 days ago
  4. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    6 months ago
  5. Russia overtakes Japan to become the fourth largest economy in the world in PPP terms
    4 months ago

Reports

Dismiss