Uzbekistan’s exports hit US$15bn in 2011

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Economy 19/01/2012 Uzbekistan’s exports hit US$15bn in 2011

Uzbekistan’s exports hit US$15bn in 2011

Tashkent, Uzbekistan (UzDaily.com) -- The volume of exports of Uzbekistan in 2011 increased by 15.4% compared to 2010 and made up over US$15 billion, the President of Uzbekistan Islam Karimov said at the session of the Cabinet of Ministers on 19 January 2012.

He said that huge attention to structural changes and diversification of leading industries of economy positively impacted the volume, nomenclature and quality of exports.

The volume of exports grew by 15.4% year-on-year in 2011 to over US$15 billion, or 4.6 times compared to 2000, he added.

Uzbek leader said that current trade balance surplus made up US$4.5 billion in 2011. Share of ready products in exports reached 60% compared to 46% in 2000.

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