Foreign trade turnover of Uzbekistan for H1 2019 announced

BUSINESS 15:00 / 23.07.2019 626

In January-June 2019, Uzbekistan led trade relations with more than 166 countries of the world. In particular, the foreign trade turnover of the republic in H1 2019 amounted to $19,683.2 million (increased by $4,520.0 million compared to the corresponding period last year).

During the period under review, exports amounted to $8,437.6 million (growth rate - 27.0%), and imports - $11,245.6 million (growth rate - 32.0%). The foreign trade balance was minus $2,808.0 million.

In the first half the year, the number of enterprises engaged in the export of goods, compared with the same period 2018, increased by 831 units and their total number reached 3,885 units.

In the second quarter of 2019, the volume of foreign trade turnover amounted to 10,274.0 million dollars. Compared with the first quarter of this year, the United States increased by 9.2%. In quarter 2, the share of imports in foreign trade turnover, as compared to quarter 1, increased (from 56.1% to 57.1%), while the share of exports decreased (from 43.9% to 42.9%).

The share of mutual trade with the CIS countries was $6,840.2 million (34.8%), the growth rate of foreign trade turnover, compared to the previous year, was 118.1%.

Current trade relations with other foreign partners also continue to develop. Thus, the share of other countries in foreign trade turnover of Uzbekistan in January-June 2019 reached 65.2% ($12,843.0 million), the growth rate of foreign trade turnover, in comparison with the same period 2018, was 137.0%.

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