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Trade volume between Uzbekistan and Turkey in 2020 revealed

Business Materials 2 February 2021 16:34 (UTC +04:00)
Trade volume between Uzbekistan and Turkey in 2020 revealed

BAKU, Azerbaijan, Feb. 2

By Klavdiya Romakayeva - Trend:

The volume of foreign trade turnover between Uzbekistan and Turkey in 2020 amounted to $2.1 billion, Trend reports with reference to the State Statistics Committee of Uzbekistan.

It is reported that Uzbekistan's exports to Turkey amounted in 2020 to $1 billion, while imports from Turkey exceeded $1.1 billion.

In particular, Uzbekistan exported non-ferrous metals worth $591.2 million, textiles - $206.1 million and chemical products - $78.3 million.

At the same time, Uzbekistan imported from Turkey machinery and equipment worth $506.9 million, chemical products - $291.5 million and ferrous metals - $45 million.

Earlier it was reported that an agreement was reached to intensify the joint work of the relevant ministries of the two countries to agree and approve the agreement on preferential trade between Uzbekistan and Turkey as soon as possible.

In addition, Turkish airport operator TAV has signed a deal with Uzbekistan's Innovative Development Ministry on cooperation in the fields of joint investment and innovative projects. In particular, TAV will cooperate with the Uzbek ministry in the modernization of airports and the implementation of a joint investment project for the construction of a new airport in the capital Tashkent.

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Follow the author on Twitter: @romakayeva

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