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Economy 21/11/2024 Uzbekistan exports US$6.62 billion worth of gold

Uzbekistan exports US$6.62 billion worth of gold

Tashkent, Uzbekistan (UzDaily.com) —  From January to October 2024, Uzbekistan exported gold worth US$6.62 billion, according to the Agency for Statistics. 

Gold exports during this period decreased by 3.5% compared to the same timeframe in 2023. 

As of the first ten months of 2024, gold accounted for 29.5% of Uzbekistan’s total exports, down from 33.6% in the previous year. 

The country’s foreign trade turnover for January–October 2024 reached US$54.4 billion, marking an increase of US$3.4 billion, or 6.7%, compared to the same period in 2023. 

Of the total trade volume, exports amounted to US$22.44 billion, showing a growth of 9.6% year-on-year, while imports totaled US$31.92 billion, an increase of 4.7%. 

As a result, the trade balance remained negative at US$9.48 billion.

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