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Uzbekistan records hike in trade turnover in 5M2023

Uzbekistan Materials 21 June 2023 12:20 (UTC +04:00)
Uzbekistan records hike in trade turnover in 5M2023
Asmar Bayramova
Asmar Bayramova
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BAKU, Azerbaijan, June 21. Uzbekistan's foreign trade turnover amounted to $25.8 billion from January through May 2023, Trend reports.

According to the country's Statistics Committee, this figure is 25.4 percent or $5 billion more than $20.5 billion in the same period of the previous year.

During the first five months, the country's exports reached $10.5 billion which is 24.1 percent more compared to the same period last year ($8.4 billion). At the same time, the share of exports in the total trade turnover of Uzbekistan accounted for 40.7 percent.

Meanwhile, the country's imports accounted for $15.3 billion. This figure is 26.4 percent higher compared to $12.1 billion from January through May 2022. The imports' share in the overall turnover totaled 59.3 percent.

During the reporting period, Uzbekistan conducted trade with 182 countries worldwide.

In 2022, Uzbekistan's foreign trade turnover amounted to $50 billion - up by 18.5 percent or $7.8 billion, year-on-year ($42.1 billion in 2021). Exports from Uzbekistan in 2022 totaled $19.3 billion, while imports to the country amounted to $30.6 billion.

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