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Economy 21/05/2025 In January-April 2025, Uzbekistan’s foreign trade turnover amounted to US$24.6 billion

In January-April 2025, Uzbekistan’s foreign trade turnover amounted to US$24.6 billion

Tashkent, Uzbekistan (UzDaily.com) — In the period from January to April 2025, Uzbekistan’s foreign trade turnover (FTT) reached US$24.6 billion, marking an increase of US$3.443 billion, or 16.3%, compared to the same period in 2024.

Of the total trade turnover, exports amounted to US$11.882 billion, showing a growth of 35.1% compared to January-April 2024, while imports totaled US$12.728 billion, increasing by 2.9%. As a result, the foreign trade balance showed a deficit of US$846.3 million.

Uzbekistan maintains trade relations with 183 countries worldwide. The largest shares of foreign trade turnover were registered with China (17.0%), Russia (15.1%), Kazakhstan (5.7%), Turkey (3.4%), and South Korea (2.4%).

Within the regional breakdown of Uzbekistan’s foreign trade turnover, the city of Tashkent accounted for a significant share of 32.7%, or US$8.047 billion, while the smallest share was recorded in the Republic of Karakalpakstan at 0.8%, or US$208.8 million.

In the export structure, goods constitute 78.9%, including industrial products at 10.1%, food products and live animals at 5.6%, chemicals and related products at 5.1%, and various finished goods at 3.4%.

The main export partners for goods and services in the January-April 2025 period included Russia (10.2%), China (5.1%), Afghanistan (3.5%), Kazakhstan (3.4%), Turkey (2.8%), France (2.6%), the UAE (1.5%), Tajikistan (1.3%), Kyrgyz Republic (1.2%), and Pakistan (1.1%). Together, these countries accounted for 32.7% of total exports.

By region, Tashkent again held a significant export share of 15.7%, or US$1.863 billion, while the lowest export share was in the Jizzakh region at 0.5%, or US$57.9 million.

During January-April 2025, Uzbekistan exported 463,200 tons of fruit and vegetable products, which is 9.8%, or 50,500 tons, less than in the same period of 2024.

The export value of fruit and vegetable products in this period amounted to US$415.1 million, reflecting a 39.3% increase compared to the same period last year. These products accounted for 3.5% of total exports.

Textile exports for the period reached US$839.4 million, comprising 7.1% of total exports but decreasing by 17.2% compared to January-April 2024. Within textile exports, finished textile products made up the largest share at 46.4%, followed by yarn at 33.6%.

The export of services for January-April 2025 totaled US$2.505 billion, representing 21.1% of total export turnover and increasing by 36.4% compared to the same period in 2024. The largest components of service exports were travel (tourism) at 47.2%, transport services at 36.9%, telecommunications, computer, and information services at 9.4%, and other business services at 3.6%.

Among other service exports, the largest share of 2.9% was attributed to insurance and pension services (1.0%) and financial services (0.9%).

During the same period, imports totaled US$12.728 billion, showing a growth of 2.9% compared to January-April 2024. The main import categories included machinery and transport equipment (33.9%), industrial goods (16.3%), and chemicals and related products (13.0%).

Analysis of import dynamics revealed that in January-April 2025, compared to the same period in 2024, the volume of goods imports decreased by US$20.8 million to US$11.387 billion, while service imports reached US$1.342 billion.

Overall, during January-April 2025, Uzbekistan imported goods and services from 155 countries. Over two-thirds of imports came from major partner countries such as China (28.1%), Russia (19.6%), Kazakhstan (7.8%), South Korea (4.5%), Turkey (3.9%), Germany (3.0%), and India (2.7%).

Regionally, the largest share of imports was recorded in Tashkent at 48.6%, or US$6.184 billion, while the smallest share was in the Republic of Karakalpakstan at 0.7%, or US$93.5 million.

Imports of services for January-April 2025 amounted to US$1.342 billion, accounting for 10.5% of total imports and growing by 38.6% compared to the same period in 2024. The main components of service imports were travel (tourism) at 55.5%, transport services at 20.2%, telecommunications, computer, and information services at 9.8%, other business services at 4.9%, and miscellaneous services at 9.6%.

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