Uzbekistan’s October gold exports hit $833 million

Key highlights of Uzbekistan’s trade performance:

Trade Turnover

From January to October, Uzbekistan’s foreign trade turnover reached $54.36 billion, reflecting a 6.7% year-on-year increase. This growth was fueled by a significant rise in exports and imports:

- Exports: $22.42 billion (+9.6%)

- Imports: $31.92 billion (+4.7%)

Major export categories

Besides gold, industrial goods remained a key export category. Revenues from industrial goods deliveries reached $3.4 billion, up by 0.8% compared to the previous year.

Major import categories

Machinery and equipment dominated imports, totaling $11.21 billion despite a 4.2% decrease. Key segments include:

- Automobiles and components: $2.68 billion (-23.8%)

- Electrical equipment: $1.65 billion (+22.2%)

- Power generators: $917.8 million (+29.9%)

- Telecommunication devices: $866 million (+16.1%)

Industrial goods ranked second among imports, amounting to $4.96 billion (-3.2%). Significant increases were noted in:

- Iron and steel: $2.19 billion (+5.6%)

- Wood products: $327.8 million (+7%)

- Non-ferrous metals: $312.3 million (+11.4%)

Energy and fuel imports

Energy and fuel imports saw the largest increase, surging by more than 50% to $3.26 billion. Notable figures include:

- Natural gas imports from Russia and Turkmenistan: 2.4 times higher, reaching $1.36 billion.

- Spending on oil and oil products: $1.66 billion (+33.3%).