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Uzbekistan reveals foreign trade turnover with EAEU for 7M2021

Uzbekistan Materials 23 August 2021 15:36 (UTC +04:00)

BAKU, Azerbaijan, Aug. 23

By Klavdiya Romakayeva - Trend:

The foreign trade turnover (FTT) of Uzbekistan with the EAEU (Eurasian Economic Union) countries from January through July 2021 amounted to $6.7 billion, Trend reports with reference to the State Statistics Committee of Uzbekistan.

According to the committee, Uzbekistan FTT for the reporting period reached $21.5 billion, which, compared to the same period in 2020, increased by $1.981 million (an increase of 10.1 percent).

In particular, of the total volume of the FTT, exports amounted to $8.1 billion (a decrease of two percent compared to 7M2020), and imports - $13.4 billion (an increase of 19 percent). As a result, the balance of the FTT amounted to a passive balance of $5.3 billion.

Today Uzbekistan carries out trade relations with 174 countries of the world. The largest volume of the FTT of the country was recorded with China (18.7 percent), Russia (17.3 percent), Kazakhstan (10.3 percent), Turkey (8.7 percent), South Korea (4.9 percent), Kyrgyzstan (2.4 percent) and Germany (1.9 percent).

In the structure of the country's FTT, a significant share was noted in Tashkent, which amounted to 39.5 percent, or $8.5 billion, and the smallest share was recorded at the level of 1.1 percent, or $235 billion, which was noted in the Surkhandarya region.

In addition, the share of the WTO of the CIS countries, compared to the same period in 2020, increased by 4.7 percent.

The volume of foreign trade turnover of other states in 7M2021, compared to the same period of 2019-2020, accordingly decreased and amounted to 62.6 percent of the total foreign trade turnover.

The FTT of Uzbekistan with the CIS countries has reached $8 billion, of which the volume of exports amounted to $2.7 billion, and the volume of imports - $5.3 billion.

The largest volume of the FTT with the CIS countries was recorded with Russia (46.3 percent) and Kazakhstan (27.6 percent).

At the same time, the FTT of Uzbekistan with the EAEU countries amounted to $6.7 billion. Of these, the volume of exports amounted to $2.1 billion, and the volume of imports - $4.6 billion.

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Follow the author on Twitter: @romakayeva

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