In January-June Uzbekistan had trade relations with more than 166 countries.
In particular, the foreign trade turnover in January-June amounted to $19.7 billion and increased by $4.52 billion, or 29.8%, compared to the corresponding period of 2018, according to the State Committee of Uzbekistan on Statistics.
Of this amount, exports reached $8.4 billion (+27%), and imports – $11.2 billion (+32%). The foreign trade balance amounted to -$2.8 billion.
The establishment of trade relations with other countries contributes to the growth of exports of products manufactured in the country.
In January-June the number of enterprises engaged in the export of goods increased by 831 compared with the same period last year and their total number reached 3,885.
The main partners of Uzbekistan in the export of goods and services were China (19% of the total exports), Russia (13.6%), Kazakhstan (8.1%), Turkey (6.8%), Kyrgyzstan (4.5%), Afghanistan (3.1%) and Tajikistan (1.7%).
Seven countries – China, Russia, South Korea, Kazakhstan, Turkey, Germany and the U.S. – had a share of 69.1% in the total volume of Uzbekistan’s imports. (AzerNews/Business World Magazine)