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Turkmenistan's trade turnover with Uzbekistan grows substantially

Turkmenistan Materials 13 October 2024 06:00 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, October 13. Trade turnover between Turkmenistan and Uzbekistan totaled $805.4 million from January through August 2024.

The data obtained by Trend from the Uzbek Statistics Agency shows that this figure increased by 55.78 percent compared to the same period of 2023, when the trade turnover amounted to $517 million.

Turkmenistan has landed in the sixth spot on the leaderboard of trade turnover with Uzbekistan's biggest trading partners for this year.

According to the information, Turkmenistan's imports from Uzbekistan totaled $78.3 million, which is 33.9 percent less compared to the same period last year ($118.4 million).

Turkmenistan's exports to Uzbekistan reached $727.1 million, which is 82.41 percent more compared to January-August 2023, when exports amounted to $398.6 million.

To note, Turkmenistan's foreign trade turnover totaled more than $9 billion in the first half of 2024, with a trade surplus of $2.9 billion.

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