Uzbekistan Increases Foreign Trade Turnover Through Expanded Economic Partnerships
Date
3/26/2024 5:12:25 AM
(MENAFN- AzerNews) The total volume of Uzbekistan's foreign trade turnover fromJanuary through February this year amounted to over $9.89 billion,Azernews reports.
According to the Statistics Agency of Uzbekistan, this figureincreased by about $940 million, or 10.5 percent year-on-year.
Exports amounted to $3.63 billion (an increase of 13.6 percentcompared to the same period in 2023), while imports amounted to$6.28 billion (an increase of 8.7 percent).
The largest volume of foreign trade turnover was recorded withChina (21.5 percent or $2.13 billion), Russia (17.8 percent or$1.76 billion), Kazakhstan (5.9 percent or $581.8 million), Türkiye(4.4 percent or $435.5 million), and South Korea (3.7 percent or$368.8 million).
In the structure of the country's foreign trade turnover, asignificant share is recorded in Tashkent, which is 40.1 percent,or $3.97 billion, and the smallest share is recorded at 0.7percent, or $65.6 million, which falls in the Surkhandaryaregion.
Meanwhile, Uzbekistan's foreign trade turnover for the whole oflast year reached $62.5 billion, which is $12 billion, or 23.9percent more, compared to the same period in 2022.
Exports rose to $24.4 billion, representing an increase of 23.8percent, while imports totaled $38.1 billion, an increase of 24percent year-on-year.
MENAFN26032024000195011045ID1108021547
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.