According to Uzbekistan’s national statistics agency, from January to March this year the country’s foreign trade value amounted to $15.8 billion, which is $927.9 million (+6.2%) more than the same period last year.
Since the beginning of the year exports have reached $6.38 billion dollars (+10%), while imports have reached $9.43 billion (+3.8%). The foreign trade deficit amounted to $3.05 billion. The largest share of the export mix is held by goods (82.2%), of which 16% were industrial goods worth $1.02 billion. Half of the export volume was accounted for by heavy metals ($538 million), and another $344 million by non-ferrous metals.
Also in 1Q 2024, Uzbek vegetables and fruits worth $224.7 million, oil and oil products worth $129.9 million, and inorganic chemical products worth $218.7 million were exported.
From exports of machinery and transport equipment, Uzbek companies received $248.5 million dollars (-4.5%). Exports of metalworking machines (+203%) and power generation machines (+80.5%) increased significantly.
Clothing brought in $228 million, which is 5.6% less than last year, while footwear supplies to foreign buyers also decreased by $3.5 million (-67.2%). At the same time, the volume of furniture exports increased by a healthy $4.3 million dollars (+20.3%).
