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Uzbekistan reveals volume of wholesale turnover for 4M2021

Uzbekistan Materials 24 May 2021 13:11 (UTC +04:00)
Uzbekistan reveals volume of wholesale turnover for 4M2021

BAKU, Azerbaijan, May 24

By Klavdiya Romakayeva - Trend:

The volume of wholesale trade in Uzbekistan for 4M2021 reached 33.6 trillion soums ($3.2 billion), increasing by 6.3 percent compared to the same period in 2020, Trend reports referring to the State Statistics Committee of Uzbekistan.

According to the committee, the turnover of wholesale trade of large business entities amounted to 10.8 trillion soums ($1 billion), increasing by 14.5 percent. The share of this sector in the wholesale trade turnover amounted to 32.2 percent. The highest growth rates of wholesale turnover of large enterprises were noted in the Bukhara (increase of 28.6 percent) region, Tashkent (increase of 50.8 percent) and Kashkadarya (increase of 17.7 percent) regions.

It is noted that microfirms and small businesses remain the main driving force in the wholesale trade of Uzbekistan. It is reported that over four months they accounted for 22.8 trillion soums ($2.1 billion), or 67.8 percent of the country's wholesale trade.

In addition, the region with the largest share of wholesale trade remains Tashkent, which accounted for 57.1 percent of wholesale trade in four months.

Also, the report noted that in recent years, the role of the public sector in the total volume of wholesale trade has been steadily decreasing. To the present level, the share of this sector is fixed at 0.1 percent - 39.7 billion soums ($3.7 million).

Moreover, the analysis of the share of wholesale trade by type of ownership showed that there is still a small share of state ownership in the city of Tashkent (0.12 percent), Navoi (0.17 percent), Andijan (0.03 percent) regions. In other regions, wholesale trade is generally a non-state form of ownership, according to the information of the State Statistics Committee.

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