Uzbekistan’s foreign trade turnover reached $31.3 billion in January–May 2025, a 15% increase compared to the same period last year, the national Statistics Agency reported.
The growth was driven largely by a sharp rise in gold and energy exports:
👉 Gold exports rose by 54.8%, reaching $6.5 billion, and now account for 43.8% of total exports.
👉 Natural gas exports totaled $288 million (+62.7%).
👉 Oil, petroleum products, and related materials were exported for $212.4 million (+93.8%).
👉 Electricity exports amounted to $95.6 million (+72.6%).
Exports of fruits and vegetables also saw a significant increase, reaching $619.6 million (+47.9%), alongside a surge in tobacco and tobacco products to $44.2 million (+87.7%), among other goods.
However, there were notable declines in:
– Industrial goods (–11.5%)
– Machinery and transport equipment (–22%)
– Textile products (–18%)
Imports for the same period amounted to $16.5 billion (+3.7%). Major import categories included:
▶️ Machinery and transport equipment — $5.55 billion (–6.2%)
▶️ Industrial goods — $2.65 billion (+9.8%)
▶️ Chemical products — $2.14 billion (+9.6%)
Meanwhile, imports of mineral fuels declined by 25.2% to $1.3 billion, with particularly sharp drops in gas imports (–55.8%) and oil (–8.2%).
Thanks to faster export growth, Uzbekistan’s trade deficit shrank from $4.6 billion to $1.68 billion.
The country’s top trading partners in the reporting period were:
✅ China — $5.39 billion (+6.7%)
✅ Russia — $4.83 billion (+1.7%)
✅ Kazakhstan — $1.79 billion (+13.4%)
✅ Turkey — $1.09 billion (–10%)
✅ South Korea — $709.8 million (–22.8%)
Other key partners included Afghanistan, France, Germany, India, and the UAE.