Uzbekistan’s foreign trade turnover reaches US$37.94 billion

In January-November 2021, Uzbekistan’s foreign trade turnover reached US$37.94 billion, which, compared to the same period in 2020, increased by US$4.95 billion (an increase of 15.0%). This was reported by the State Statistics Committee of Uzbekistan. Of the total volume of the foreign trade turnover, exports amounted to US$15.45 billion (an increase of 8.9% was noted by January-November 2020), and imports – US$22.48 billion (an increase of 19.7%) As a result, the foreign trade balance amounted to a passive balance of US$7.02 billion.
Among the 20 large partner countries in foreign economic activity, there is also an active foreign trade balance with four countries, in particular with such as Afghanistan, Kyrgyzstan, Tajikistan and Turkey. A passive balance of foreign trade turnover remains with the remaining 16 countries.
Today, Uzbekistan carries out trade relations with 181 countries of the world. The largest volume of foreign trade turnover was recorded with the PRC (17.7%), the Russian Federation (17.4%), Kazakhstan (9.3%), Turkey (8.0%), the Republic of Korea (4.4%), Kyrgyzstan (2.2%) and Germany (1.8%).
In the structure of the foreign trade turnover of the republic, a significant share is noted in Tashkent, which is 38.7%, or US$14.67 billion, and the smallest share is recorded at 1.0%, or US$389.7 million, which is noted in Surkhandarya region
The share of foreign trade turnover of the CIS countries, compared to the same period in 2020, increased by 32.0% and their share in foreign trade turnover, in January-November 2021, amounted to 36.7%.
The volume of foreign trade turnover of other states in January-November 2021, compared to the same period of 2019-2020, respectively increased by 7.0% and amounted to 63.3% of the total foreign trade turnover.
The foreign trade turnover of the Republic of Uzbekistan with the CIS countries reached US$13.91 billion, of which the volume of exports amounted to US$4.85 billion, and the volume of imports – US$9.05 billion. The largest volume of foreign trade turnover with the CIS countries was recorded with the Russian Federation (47.5%), Kazakhstan (25.4%) and Kyrgyzstan (6.1%). The foreign trade turnover of the Republic of Uzbekistan with the EAEU countries made up US$11.34 billion, of which the volume of exports amounted to US$3.7 billion, and the volume of imports – US$7.64 billion.