TASHKENT, Uzbekistan, October 24. The International Monetary Fund (IMF) forecasts that Uzbekistan’s exports of goods and services will amount to $33.9 billion in 2024, Trend reports.
According to IMF data, this is 22.38 percent more than the estimated exports of goods and services for 2023.
Uzbekistan's exports of goods and services are projected to amount to $27.7 billion this year.
In addition, the data from the fund shows that Uzbekistan's exports of goods and services amounted to $21.9 billion in 2022, $16.4 billion in 2021, and $14.5 billion in 2020.
Meanwhile, the volume of exports of goods and services in Uzbekistan amounted to $10.7 billion from January through August, which is an increase of 9.2 percent compared to the same period in 2022.
Goods occupy 79.1 percent of the total share of exports, which include 16.8 percent of industrial goods, 7.1 percent of food and live animals, and 5.2 percent of various finished products.
The volume of exports of services from January through August 2023 amounted to $3.4 billion, which comprises 20.9 percent of the total volume of trade exports of the country and is 30.2 percent more compared to the same period in 2022.
Transport services amount to 4.5 percent, making up the largest share of Uzbekistan’s service exports, followed by travel (40.8 percent), telecommunications, computer and information services (6.5 percent), and other business services (3.5 percent).