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Economy 08/11/2011 Foreign trade turnover of Uzbekistan hits US$18.874bn in Jan-Sep 2011
Foreign trade turnover of Uzbekistan hits US$18.874bn in Jan-Sep 2011
Tashkent, Uzbekistan (UzDaily.com) -- Foreign trade turnover of Uzbekistan made up US$18.874 billion in January-September 2011, which grew by 21.5% year-on-year, the State Statistics Committee of Uzbekistan said.

Trade turnover of Uzbekistan with the CIS states made up US$7.757 billion (+22.9%) and with other countries – US$11.117 billion (+20.7%).

At the same time, some US$11.342 billion (+21.4%) from total foreign trade turnover of Uzbekistan fell to share of export operations and US$7.523 billion (+21.8) – to import operations.

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%.

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