Foreign trade turnover of Uzbekistan exceeds US$12.072 billion in 1H

In January-June, Uzbekistan increased exports by 13.1% to US$5.97 billion and imports by 9.2% to US$6.102 billion.

According to the State Statistics Committee of Uzbekistan, the balance of foreign trade made up minus US$132.7 million, including with the CIS countries - US$300.2 million and with other countries - minus US$432.9 million.

Foreign trade operations of residents of Uzbekistan are mainly carried out with Asian countries (47.2% of total turnover), Europe (42.2%) and America (3.0%), which account for 92.4% of total trade.

Among the CIS countries the main foreign trade partners are Russia, Kazakhstan, Ukraine, Tajikistan, Kyrgyzstan, which account for 29.4% of the foreign trade turnover, among others - China, Turkey, the Republic of Korea, Germany, Afghanistan, Brazil, India, Iran, Latvia , Lithuania, France, the United States, Switzerland, which account for 43.0% of the total foreign trade turnover.

At the same time, foreign trade turnover with the CIS countries amounted to US$$4.45 billion, which is 12.6% more compared to the same period in 2016. The share of the CIS countries in the foreign trade turnover of Uzbekistan was 36.9%.

Foreign trade turnover with other countries grew by 10.2% to US$7.62 billion. Their share in the total foreign trade turnover of Uzbekistan reached 63.1%.

Exports of Uzbekistan to the CIS countries increased by 14.8% in January-June 2017 and amounted to US$2.375 billion. The share of Uzbekistan’s exports to the CIS countries was 39.8%. In other countries, Uzbekistan’s exports reached US$3.59 billion, which is 12% higher than in the same period in 2016. The share of other countries in the export of Uzbekistan was 60.2%.

Uzbekistan imported goods and goods worth US$2.075 billion from the CIS countries (+ 10.2%) and other countries by US$4.027 billion (+ 8.6%). The share of imports of CIS countries was 34% and other countries - 66%.

About 42.2% of Uzbekistan’s trade turnover fell on the share of Europe, 47.2% - Asia, 3% - America, 0.1% - Africa.