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Trade between Turkmenistan, Uzbekistan doubles in Jan. 2025

Economy Materials 2 March 2025 07:40 (UTC +04:00)
Trade between Turkmenistan, Uzbekistan doubles in Jan. 2025
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, March 2. Trade between Turkmenistan and Uzbekistan hit the ground running in January 2025, soaring to $67.2 million—more than double the figure from the same time last year, which stood at $29.3 million, Trend reports, citing the Statistics Agency under the President of Uzbekistan.

The primary expansion was propelled by a substantial escalation in Turkmen exports, which reached $62.2 million, reflecting a 2.6-fold amplification relative to January 2024.

The aggregate value of Uzbekistan's export transactions to Turkmenistan within the specified timeframe amounted to $5 million. In the fiscal year 2023, the metric stood at $6.4 million, whereas in the subsequent fiscal year 2024, it experienced a contraction to $5.2 million, signifying a marginal downturn.

In juxtaposition, the aggregate trade volume between the two nations in January 2024 amounted to $29.3 million.

The significant uptick in commercial exchanges between Turkmenistan and Uzbekistan occurs concurrently with a broader escalation in Uzbekistan's international trade metrics, which experienced a 7.1 percent augmentation in January, surpassing the $4.5 billion threshold.

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