Turkmenistan-Uzbekistan Trade Turnover Reaches $569 Million in Jan-Sep

BUSINESS TURKMENISTAN
Turkmenistan-Uzbekistan Trade Turnover Reaches $569 Million in Jan-Sep
During the first nine months of this year, Uzbekistan imported $414.9 million worth of Turkmen products.

Uzbekistan’s foreign trade turnover with Turkmenistan in January-September months of this year amounted to $569 million, a decrease of nearly 2.7 percent compared to the same period of last year, according to the report published by the State Statistics Committee of Uzbekistan on Tuesday.

During the first nine months of this year, Uzbekistan imported $414.9 million worth of Turkmen products. At the same period, the country’s exports to Turkmenistan amounted to $154.1 million. Turkmenistan is listed among the top ten trading partners of Uzbekistan.

Uzbekistan's total foreign trade turnover during the nine-month period amounted to over $36 billion, which, compared to the same period in 2021, is an increase of more than $7.7 billion, or 27.2 percent.

Over the period, Uzbekistan traded the most with China – nearly $6.8 billion, with its imports amounting to more than $4.76 billion, and exports – exceeding $2 billion.

Other main partners of Uzbekistan by trade turnover during the period are Russia (more than $6.54 billion), Kazakhstan (more than $3.26 billion), Turkey (more than $2.45 billion), Korea (more than $1.8 billion), Kyrgyzstan ($867 million), Germany ($783.1 million), Afghanistan ($520.7 million) and India ($502.1 million).

In 2021, trade turnover between Uzbekistan and Turkmenistan amounted to $881.9 million, which is 61% more compared to 2020.

2022