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NEWS

Foreign trade turnover of Uzbekistan reaches US$18.874bn in Jan-Sep

23 November 2011

http://www.uzdaily.com of 11/23/2011 - Foreign trade turnover of Uzbekistan in January-September 2011 made up US$18.874 billion (with the CIS countries - US$7.757 billion, with other countries - US$11.117 billion).

According to the State Statistics Committee, out of the total volume of the external trade turnover export operations amounted to US$11.352 billion, import operations - US$7.523 billion.

Unbalance in foreign trade was 150.9 percent versus 151.3 percent in the corresponding period of the previous year.

Exports of Uzbekistan to the CIS states in nine months of 2011 grew by 16.5% to US$4.569 billion and other countries - by 25% to US$6.738 billion.

Uzbekistan recorded growth of exports of food products (+67.7%), chemical products (+38.7%), ferrous and non-ferrous metals (+34.2%), machines and equipment (+62.6%) and services (+30.3%).

Uzbekistan started to exports new goods such as natrium nitrate, acrylamide polymer, cargo vehicles, brass-mill products, composite panels, gypsum boards, and others.

The volume of imports of Uzbekistan from the CIS countries reached US$3.198 billion in the reporting period, which grew by 33.5% year-on-year. Imports of Uzbekistan from other countries also rose by 14.4% to US$4.334 billion.

Current trade balance surplus of Uzbekistan made up US$3.8 billion in January-September 2011, including US$1.38 billion with the CIS states and US$2.449 billion with other countries.

In the reporting period, share of the CIS countries in total trade turnover of Uzbekistan reached 41.1% and other states - 58.9%.