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Volume of export sales on Uzbek Commodity Exchange nearly doubles

Finance Materials 21 November 2019 12:12 (UTC +04:00)
Volume of export sales on Uzbek Commodity Exchange nearly doubles

BAKU, Azerbaijan, Nov. 21

By Fakhri Vakilov - Trend:

The deals concluded on the Uzbek Commodity Exchange (UZEX) for the period from Nov. 11 to Nov. 17, 2019, amounted to $97.3 million, Trend reports with reference to UZEX.

The total amount of transactions involving small businesses and private enterprises amounted to $42.7 million.

The volume of exchange trading on the platform amounted to $85.9 million.

The volume of export sales grew almost two times and amounted to $3.8 million.

In the export structure, the share of cotton fiber was 35 percent, polyethylene 31 percent, gasoline 28 percent, and other products 6 percent.

The volume of exhibition and fair trade amounted to $2.1 million.

The amount of goods purchased by small businesses amounted to $569,400 or 36.8 percent of the total amount of transactions.

Last week, transactions worth $9 million were concluded through xarid.uz, a special information portal on public procurement.

The total amount of savings from budgetary and corporate customers exceeded $2.2 million.

During the period under review, 654 car license plates were sold through an online auction. The cumulative amount of sold state license plates was about $295,200.

As a result of competitive bidding, 16.4 percent of deals were made on premium class license plates, 46.2 percent of deals on category 2 and 37.5 percent on category 3 of license plates.

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Follow author on Twitter:@vakilovfaxri

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