Uzbekistan’s trade turnover with Azerbaijan ups 2.1 times

Uzbekistan, Tashkent, November 23 / Trend, D. Azizov /

In January-September 2011, trade turnover between Uzbekistan and Azerbaijan increased by 2.1 times against the respective period of last year up to $50.8 million, Uzbek State Statistics Committee reported on Wednesday.

The increase includes growth of export to Azerbaijan by almost 1.9 times up to $27 million and of import from Azerbaijan by 2.4 times up to $23.8 million, the Committee said.

As reported, the remaining largest trade partner of Uzbekistan is Russia, which covers 24.3 per cent of the country's foreign trade turnover. Trade turnover between Uzbekistan and Russia from the beginning of the year increased by 5.6 per cent up to $4,591.2 million at a time when export from Uzbekistan to Russia decreased by 1.5 per cent to $2,927 million and import from Russia to Uzbekistan grew by 21.1 per cent to $1,664.2 million.

Uzbekistan's other large trade partners, following the results of January-September 2011, are Kazakhstan covering 10.4 per cent of Uzbekistan's total trade turnover (the trade is up 75.6 percent against 2010 period), China-8.7 percent (up 19.4 per cent), South Korea-6 per cent (up 0.4 per cent), Turkey-4.8 per cent (up 36.6 per cent), Afghanistan- 2.7 per cent (up 7.4 per cent), Ukraine-2.5 per cent (up 23.9 per cent), Germany-2.3 per cent (up 27.1 per cent), Turkmenistan-1.7 per cent (up 2.4 times), and Iran-1.6 per cent (down 26.4 per cent).
In first 9 months of 2011, Uzbekistan's foreign trade turnover increased by 21.5 per cent against the respective period of 2010 up to $18.874 billion.

This includes an increase of export by 21.4 per cent up to $11.352 billion and an increase of import by 21.8 per cent up to $7.523 billion. The surplus of the foreign trade was $3.829 billion versus $3.625 billion in the same period of last year.

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