Uzbekistan Shares Data On Foreign Trade Turnover Volume

2/24/2024 12:09:42 AM

(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, February 24. Uzbekistan's foreign trade turnover amounted to $4.2 billion in January 2024, Trend reports.

As per data of Uzbekistan's Statistics Agency, this figure has decreased by $870.1 million or 17.2 percent year-on-year.

The exports amounted to $1.11 billion (a 47.1 percent decrease against January 2023), while imports amounted to $3.08 billion (a 4.1 percent increase). As a result, the balance of foreign trade turnover amounted to a negative balance of -$1.96 billion.

Uzbekistan currently carries out trade relations with 137 countries worldwide. The largest volume of foreign trade turnover was recorded with China (27.2 percent or $1.1 billion), Russia (18.3 percent or $766.7 million), Kazakhstan (6.5 percent or $271.2 million), Türkiye (5.1 percent or $213.9 million) and Korea (4.3 percent or $180.2 million).

In the structure of the foreign trade turnover of the country, a significant share was recorded in Tashkent, which is 47 percent, or $1.97 billion, and the smallest share was recorded at the level of 0.8 percent, or $35.3 million, which is in Surkhandarya region.

Meanwhile, Uzbekistan's foreign trade turnover reached $62.5 billion in 2023, which is more by $12 billion or 23.9 percent year-on-year.

Exports rose to $24.4 billion, representing an increase of 23.8 percent year-on-year. Imports totaled $38.1 billion, an increase of 24 percent compared to the same period last year.

MENAFN24022024000187011040ID1107893156

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.