Uzbekistan’s foreign trade turnover for nine months amounted to $44.75 billion. Compared to the same period last year, it increased by 22%, the Statistics Agency reports.

Exports increased by 23.5% compared to last year and amounted to $17.74 billion. The volume of imports grew a little slower – by 21%, to $27.01 billion.

Gold supplies abroad remain at the May level – $5.63 billion, although this is almost 90% more than last year. Against this background, the negative trade balance reached $9.27 billion (+17%).

China strengthened its position as the largest trading partner, accounting for $9.45 billion in bilateral trade, or 21.1% of the total. Imports from the PRC amounted to $7.59 billion.

Russia remains the main export market for Uzbekistan ($2.32 billion), with trade turnover with it amounting to $7.03 billion. In addition, there is active trade with Kazakhstan ($3.22 billion), Turkey ($2.35 billion) and South Korea ($1.69 billion).

Export

Excluding gold, manufactured goods again became the leading commodity export item – despite a decrease of 8.5%, revenue from them exceeded $3 billion.

Just over half came from textiles and fabrics ($1.56 billion, -10.5%), a third – non-ferrous metals ($1.01 billion, -12.4%). Income from the export of steel and cast iron increased by 43.5% ($160.8 million), from leather and fur products by 37% ($31.6 billion).

Food products provided $1.28 billion in revenue (+19%). As before, the bulk of it came from fruits and vegetables ($844.5 million, +10.7%) and grain products ($368.6 million, +63.5%). Exports of meat products increased almost fourfold ($2.2 million).

Exports of chemical products have almost recovered to last year's levels ($974.3 million). The 20% decline in fertilizers ($244.2 million) was offset by inorganic substances ($400.7 million, +30.3%).

Shipments of engineering products amounted to $943.2 million and showed the fastest growth among categories (+43.8%). In particular, in the hardware and electronics section, supplies increased by 3.4 times ($98.3 million), and in “equipment for automatic data processing” by 3.2 times ($22.8 million).

The export of cars and their components also increased noticeably ($354.4 million, +42.6%). Deliveries of specialized machines rose by a third ($53.9 million), non-special industrial equipment by a quarter ($61.9 million).