TASHKENT, Uzbekistan, July 3. Uzbekistan recorded strong export growth in the first quarter of 2025, with external sales reaching $8.1 billion, marking a 24.4 percent increase compared to the same period last year.
Data obtained by Trend from the Turkic Economic Review indicates that, despite this surge, imports remained higher, amounting to $9.2 billion (down 2.3 percent), resulting in a trade deficit of $1.1 billion. Still, the country’s overall macroeconomic performance shows stability and growth across key sectors.
Uzbekistan's economic output, quantified as gross domestic
product (GDP), attained a substantial $25.77 billion, reflecting a
robust growth trajectory of 6.8 percent. The manufacturing domain
experienced a robust expansion of 6.5 percent, culminating in a
valuation of $16.3 billion, whereas the agrarian sector
demonstrated a commendable increment of 3.8 percent, reaching a
total output of $4.07 billion.
Capital expenditures in fixed assets experienced a robust
escalation of 7.9 percent, culminating in a total of $9.3 billion,
thereby highlighting vigorous infrastructure and developmental
undertakings. Concurrently, the financial services sector's asset
portfolio escalated to $61.89 billion, reflecting a 4 percent
uptick.
From a fiscal perspective, the state budget revenue reached an
impressive $4.94 billion, reflecting a robust increase of 26.5
percent. Concurrently, expenditures amounted to $5.98 billion,
marking a 10 percent rise. This data underscores the positive
trajectory of public finance dynamics and the sustained execution
of social and economic initiatives.
