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Uzbekistan notes decline in trade turnover volume with Kazakhstan

Uzbekistan Materials 25 July 2024 23:48 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, July 25. Uzbekistan’s foreign trade turnover volume with Kazakhstan amounted to $1.9 billion from January through June 2024, Trend reports.

As per data from Uzbekistan’s Statistics Agency, this figure has decreased by 10.5 percent year-on-year ($2.1 billion in January–June 2023).

Kazakhstan ranked third among the countries with the largest volume of foreign trade turnover in Uzbekistan. The country’s share in the total volume of trade turnover in Uzbekistan accounts for 6 percent.

The volume of exports to Kazakhstan from Uzbekistan amounted to $619.8 million, which shows a 13.1 percent decline compared to the same period last year ($701.1 million in January–June 2023).

Uzbekistan’s imports from Kazakhstan reached $1.2 billion from January through June 2024. This indicator has decreased by 16.6 percent over the year ($1.4 billion in January–June 2023).

Meanwhile, Uzbekistan's foreign trade turnover volume amounted to $31.8 billion from January through June 2024. This figure has increased by 8.5 percent year-on-year ($29.3 billion in January–June 2023).

Uzbekistan's exports reached $12.9 billion from January through June 2024, while imports amounted to $18.8 billion.

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