Shuttle import of goods declines dramatically 

In Uzbekistan, shuttle trade continues to decline, Spot writes with reference to the Central Bank report.

In the first six months, the volume of such trade amounted to $195 million – $97.7 million per quarter. For comparison, it was three times higher in the first six months of last year– $607.6 million ($250 and $360 million per quarter).

Shuttle imports decreased from $519 million to $141.2 million, exports – from $87.9 million to $54.3 million. At the same time, official trade increased significantly – if in the first six months of 2018 it was $13.5 billion, then this year it has already become $17.3 billion.

In 2018, shuttle traders imported $842.9 million worth of goods into the country and exported for $213.2 million. But even then, by the end of the year, volumes began to decline, which coincided with a tightening of duty-free norms for import of goods.

Earlier, the founder of korzinka.uz Zafar Khashimov explained that the growing figures for official imports are a positive phenomenon, as they show that imports, after liberalization of foreign exchange regulation and a reduction in duties, began to emerge from the shadows.