Trade Between Turkmenistan and Uzbekistan Exceeds $614.1 Million in Jan-Oct

BUSINESS TURKMENISTAN
Trade Between Turkmenistan and Uzbekistan Exceeds $614.1 Million in Jan-Oct
During the first ten months of this year, Uzbekistan imported $443.5 million worth of Turkmen products.

Uzbekistan’s foreign trade turnover with Turkmenistan in January-October months of this year amounted to $614.1 million, a decrease of 9.8 percent compared to the same period of last year, according to the report published by the State Statistics Committee of Uzbekistan on Monday.

During the first ten months of this year, Uzbekistan imported $443.5 million worth of Turkmen products. At the same period, the country’s exports to Turkmenistan amounted to $170.6 million. Turkmenistan is listed among the top ten trading partners of Uzbekistan.

Uzbekistan's total foreign trade turnover during the ten-month period amounted to over $40 billion, which, compared to the same period in 2021, is an increase of more than $7.28 billion, or 22.2 percent.

Over the period, Uzbekistan traded the most with China – $7.5 billion, with its imports amounting to more than $5.26 billion, and exports – exceeding $2.24 billion.

Other main partners of Uzbekistan by trade turnover during the period are Russia (more than $7.4 billion), Kazakhstan (more than $3.72 billion), Turkey (nearly $2.7 billion), Korea (more than $1.97 billion), Kyrgyzstan ($989.9 million), Germany ($870.4 million), Afghanistan ($586.5 million) and India ($559.3 million).

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

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