Uzbekistan's trade turnover in Jan 2025: $4.36B

Compared to the same period of the previous year, the figure increased by 7.1%. This was due to a significant rise in exports ($1.3 billion, +14.1%) as well as an increase in imports ($3.19 billion, +4.4%).

China maintains its leading position in trade with Uzbekistan ($994.7 million) and remains the country's main supplier of goods ($906.7 million). Russia ranks second with $799.1 million, with exports in this direction ($267.9 million) showing a significant increase. Trade with China declined by 13%, while with Russia, it grew by 4.3%.

Kazakhstan ($313.5 million), Turkey ($212.9 million), and Germany ($169.3 million) also entered the top five foreign trade partners, with trade volumes either increasing or remaining at last year's level. Among major partners, a trade surplus was recorded with France, Afghanistan, the UAE, Kyrgyzstan, and Tajikistan.

Exports

The main category of commodity exports remains industrial goods, even surpassing gold. In January, revenue from their supply reached $265.5 million (-4.6%).

The second-largest category is food products, totaling $143.2 million (+23.1%). This segment is dominated by vegetables and fruits ($91.6 million, +19.1%) as well as grain crops ($35.7 million, +14.8%).

The volume of chemical product exports amounted to $133.1 million (+22.6%). Inorganic substances showed a growth of 20.5%—reaching $77.3 million—followed by fertilizer exports at $25.2 million (a 2.1-fold increase).

Consumer and other goods exports totaled $83.5 million (-6.4%). Revenue from clothing exports stood at $64.8 million (-9.8%), while "various finished goods" increased by 17.1% to $14.7 million.

Exports of mechanical engineering products dropped by 38% to $38.2 million. Meanwhile, the leading category was electrical equipment exports, which grew by 39%—reaching $17.9 million. The second-largest category was the export of automobiles and components, which decreased by two-thirds ($6.6 million).

Imports

In the import structure, mechanical engineering products lead with $1.13 billion (-15.1%). Imports of metalworking machinery amounted to $251.8 million (+17.6%), automobiles and components—$243.8 million (+10.1%), industrial equipment—$235.7 million (+28.6%), electrical equipment—$176.3 million (+11.7%), and communication devices—$100.6 million (-10.3%).

The second-largest category is industrial goods—$504.8 million (-3.8%). Imports of pig iron and steel ($228.4 million, -12.4%) and metal products ($64.2 million, -4.8%) decreased, while imports of rubber products ($46.4 million, +32.1%) and non-ferrous metals ($31.3 million, +17.7%) increased.

The import of foreign food products totaled $334.7 million (+33%). Grain imports amounted to $74.5 million (+15.9%), sugar and confectionery—$60.1 million (+98.7%), and meat and meat products—$48.2 million (+86.3%).

Imports of fuel and lubricants increased by more than 50.2%, reaching $212.9 million. Gas imports from Russia and Turkmenistan grew 5.4 times, amounting to $27.8 million. Expenditures on oil and petroleum products reached $144.4 million (+44.3%).

All information is sourced from www.spot.uz