Singapore boosts imports to Uzbekistan by over 8 times
Baku, Azerbaijan, Sept. 18
By Fakhri Vakilov - Trend:
In January-August 2019, the volume of imports in Uzbekistan amounted to $15.97 billion, which is 32.8 percent more than 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 (44.9 percent), chemical products and products from it (12.8 percent), as well as food products (7.7 percent).
The CIS countries account for 95.2 percent of the total share of imports of energy and oil products, 66.1 percent of the share of non-ferrous metals and products from them, 65.9 percent of the share of food products, as well as 65.5 percent of the share of ferrous metals and products from them.
The lion's share of imports among other foreign countries falls on machinery and equipment (88.8 percent), as well as on chemical products and products from it (78.8 percent).
Compared with the corresponding period last year, the volume of imports of goods increased by $3.829 billion and amounted to $14.388 billion. Service imports reached $1.581 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 15.8 percent.
Singapore, which increased imports to Uzbekistan by 8.5 times compared to the same period last year, and Iran, which increased imports by 73.6 percent, were in the top twenty countries of large import partner countries.
According to the results of January-August 2019, Uzbekistan imported goods and services from 149 countries. Seven major partner countries (China, Russia, South Korea, Kazakhstan, Turkey, Germany and the United States) in the total volume of imports have a share of 67.9 percent, which amounts to more than $10,836 billion.
The volume of imports of services in January-August 2019 amounted to $1.581 billion, or 9.9 percent of total imports, and increased by 7.8 percent compared to the same period last year. The main share in the import of services is tourism, transport services, as well as telecommunications, information and computer services.
Follow author on Twitter:@vakilovfaxri