Trade Turnover Between Turkmenistan and Uzbekistan Surge 12.8% in Jan-Nov

BUSINESS TURKMENISTAN
Trade Turnover Between Turkmenistan and Uzbekistan Surge 12.8% in Jan-Nov
During the first 11 months of this year, Uzbekistan imported $674.3 million worth of Turkmen products, an increase of 15.1 percent compared to the same period of last year.

Uzbekistan’s foreign trade turnover with Turkmenistan in January-November months of 2022 amounted to $858.6 million, an increase of 12.8 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 11 months of this year, Uzbekistan imported $674.3 million worth of Turkmen products, an increase of 15.1 percent compared to the same period of last year. At the same period, the country’s exports to Turkmenistan increased by 5 percent to $184.3 million. Turkmenistan is listed among the top ten trading partners of Uzbekistan.

Uzbekistan's total foreign trade turnover during the 11-month period amounted to over $44.94 billion, which, compared to the same period in 2021, an increase of more than $6.84 billion, or 18 percent.

Over the period, Uzbekistan traded the most with Russia – more than $8.33 billion, with its imports amounting to more than $5.54 billion, and exports – nearing $2.8 billion.

Other main partners of Uzbekistan by trade turnover during the period are China (more than $8.17 billion), Kazakhstan (nearly $4.2 billion), Turkey (more than $2.9 billion), Korea (more than $2.16 billion), Kyrgyzstan (1.12 billion), Germany ($941.6 million), Afghanistan ($673.1 million) and India ($626.6 million).

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

Send us news
Send
2022