Uzbek volume of imports from Singapore up 10 times
Baku, Azerbaijan, Aug 20
By Fakhri Vakilov-Trend:
In January-July 2019, the volume of imports of Uzbekistan amounted to $13.64 billion, with the growth rate of 34.3 percent compared to the same period last year, Trend reports citing the State Statistics Committee of Uzbekistan.
The main share in its structure is occupied by machinery and equipment, including parts and accessories (44.8 percent), chemical products and products from it (13 percent), as well as food products (7.8 percent), read the message.
The largest share of imports of energy and oil products (95.4 percent), ferrous metals and products from them (66 percent), food products (66.2 percent), as well as non-ferrous metals and products from them (65 percent) falls on the CIS countries.
As for other foreign countries, the lion's share in imports falls on machinery and equipment (88.5 percent), as well as on chemical products and products from it (78.9 percent).
An analysis of the dynamics of imports of goods and services showed that in January-July 2019, compared with the corresponding period last year, the volume of imports of goods increased by $3,424 and amounted to $12.33 billion. Service imports reached $1.31 billion.
According to the results of the reporting period, China ranked first among the major import partner countries with a share of imports in the total volume of 20.2 percent, ahead of Russia with a share of 16 percent.
Due to the accelerated growth in imports with Uzbekistan, Singapore (with a growth rate of 10.4 times more than the same period last year), Brazil (9.5 times) and Iran (two times) were in the top twenty partner countries of Uzbekistan by import.
According to the results of January-July 2019, Uzbekistan imported goods and services from 146 countries, read the message.
In the total volume of imports, seven major partner countries (China, Russia, South Korea, Kazakhstan, Turkey, Germany and the USA) have a share of 68.4 percent, which amounts to more than $9.33 billion.
The volume of imports of services in January-July 2019 amounting to $1.31 billion or 9.6 percent of total imports increased by 4.8 percent compared to the same period last year.
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