In the past 11 months, Uzbekistan's foreign trade turnover reached $59.36 billion, as reported by the Statistics Agency.
Compared to the same period last year, this figure increased by 3.6%. The growth was largely attributed to a significant rise in exports ($24.22 billion, +4.4%) as well as an increase in imports ($35.14 billion, +3%).
In November, Uzbekistan did not sell any gold, while in October, it sold gold worth $833.4 million. Since the beginning of the year, the export of precious metals amounted to $6.62 billion (-18.7% year-on-year).
China remains the leading trading partner with Uzbekistan ($11.25 billion) and is also the main supplier of goods ($9.34 billion). Russia holds second place with $10.68 billion, with exports in this direction ($3.41 billion) showing a noticeable increase.
Additionally, the top five foreign trade partners include Kazakhstan ($3.85 billion), Turkey ($2.63 billion), and South Korea ($1.8 billion), with trade with these countries slowing down. Among significant partners, a trade surplus is noted with France, Afghanistan, Kyrgyzstan, and Tajikistan.
Exports
Aside from gold, the main item in commodity exports remains industrial goods. Since the beginning of the year, revenue from these supplies has reached $3.88 billion (+3.6%).
Revenue from textile and fabric exports amounted to $1.83 billion (-3%). Supplies of non-ferrous metals increased by 9.2% to $1.4 billion, while exports of steel and cast iron fell by 4.5% to $171.2 million.
Food products rank second with $1.97 billion (+19.8%). Here, vegetables and fruits dominate ($1.44 billion, +30.9%), followed by grains ($353.6 million, -20.2%).
The volume of chemical product exports reached $1.5 billion (+24.6%). Inorganic substances showed a growth of two-thirds to $809.2 million, followed by fertilizer supplies at $318.5 million (+2.5%).
Supplies of engineering products fell by 9.1% to $1.09 billion. Meanwhile, the leading item remains the export of cars and their components, which decreased by 18.2% to $374.1 million.
The export of "other transport equipment" grew by one-third ($130 million). Supplies of electrical equipment decreased by 9.9% ($188.9 million), while telecommunications and recording equipment fell almost 2.5 times ($47.3 million), and data processing equipment dropped fourfold ($7.2 million).
Exports of consumer and other goods totaled $956 million (-13.1%). Revenue from clothing supplies was $788.4 million (-14.5%), whereas "various finished products" saw a growth of 1.7% to $98 million.
Supplies of petroleum products nearly doubled, exceeding $525 million, and the export of electricity also significantly increased ($96.1 million). Furthermore, gas exports surpassed last year's figures by 16.5% ($593.4 million).
Imports
The leading category in the structure of imports is engineering products with $12.15 billion (-8.1%). Supplies of cars and components totaled $2.96 billion (-25.6%), while electrical equipment reached $1.79 billion (+12.6%), energy generators $996.6 million (+20.1%), and communication devices $954.6 million (+19.4%).
In second place are industrial goods at $5.52 billion (-3.5%). Imports of cast iron and steel increased ($2.44 billion, +5.6%), as did wooden products ($367.2 million, +7%) and non-ferrous metals ($344.5 million, +10.8%).
Chemical product imports fell by 3.7% to $4.28 billion. Spending on medical goods reached $1.57 billion (+8%), while expenditures on primary plastics were $725.3 million (-11.7%).
Supplies of fuel and lubricants increased by over 61% to $3.62 billion. Gas imports from Russia and Turkmenistan grew 2.8 times, totaling $1.55 million. Spending on oil and petroleum products reached $1.8 billion (+30.6%).
Moreover, imports of foreign food products amounted to $3.33 billion (+5.6%). Of this, $836 million was spent on grain (-19%), $570.4 million on sugar and confectionery (+11.6%), and $343.4 million on vegetables and fruits (+13.7%).
Previously, Spot reported that the president tasked mobilizing internal resources to accelerate economic growth.