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Uzbek foreign trade turnover increases by 3 percent in 2010

Business Materials 31 January 2011 11:42
Foreign trade turnover in Uzbekistan increased by 3 percent in 2010 compared to 2009 to $21.842 billion, the Uzbek State Statistics Committee reported.
Uzbek foreign trade turnover increases by 3 percent in 2010

Uzbekistan, Tashkent, Jan.31 / Trend D. Azizov /

Foreign trade turnover in Uzbekistan increased by 3 percent in 2010 compared to 2009 to $21.842 billion, the Uzbek State Statistics Committee reported.

In particular, exports grew by 10.8 percent to $13.44 billion, and imports decreased by 6.8 percent to $8.798 billon.

At the same time, trade turnover with the CIS reached $9.424 billion (+17.7 percent) and hit $12.418 billion (-5.9 percent) with countries outside the CIS zone.

According to the committee, exports to the CIS grew by 50.4 percent in 2010 compared to 2009 to $5.899 billion, while exports to other countries fell by 9 percent to $7.146 billion.

The volume of imports from the CIS was $3.526 billion, or a drop of 13.8 percent. Imports from other countries fell by 1.4 percent in 2010 compared to 2009 to $5.272 billion.

In the reporting period, the share of the CIS in Uzbekistan's total trade turnover was 43.1 percent. The current account balance surplus reached $4.247 billion in 2010, an increase of 1.8 times.

According to official statistics, Uzbekistan's foreign trade turnover in 2009 increased by 0.1 percent to $21.21 billion. The volume of exports increased by 2.4 percent to $11.771 billion, and imports decreased by 2.7 percent to $9.438 billion.

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