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Monthly analysis of Uzbekistan's oil, petroleum product exports in 2023 revealed

Uzbekistan Materials 30 May 2024 18:13 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, May 30. Uzbekistan’s exports of oil, petroleum products, and similar materials amounted to $333 million in 2023, Trend reports.

According to the data from Uzbekistan's Statistics Agency, the volume of exported oil, petroleum products, and similar materials increased by 9.5 percent year-on-year ($168.1 million in 2022).

Uzbekistan’s exports of oil, petroleum products, and similar materials peaked in September 2023 with a volume of $42.2 million, while the lowest volume was recorded in January with $11.3 million.

The table below shows the dynamics of monthly oil, petroleum products, and similar materials exports from Uzbekistan in 2023:

Month

Value (dollars)

January

$11.3 million

February

$12.3 million

March

$15.9 million

April

$24.9 million

May

$27.1 million

June

$24.2 million

July

$27 million

August

$32.8 million

September

$42.2 million

October

$41.5 million

November

$38 million

December

$35.8 million

Meanwhile, Uzbekistan’s oil, petroleum products, and similar materials trade turnover amounted to $967.7 million from January through April 2024. This figure is 23.1 percent higher compared to the same period last year ($686.1 million in January–April 2023).

The exports of oil, petroleum products, and similar materials totaled $179.4 million from January through April 2024, while the imports reached $788.3 million.

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