Uzbekistan's foreign trade grows by 29 percent in January

Uzbekistan's foreign trade turnover amounted to US$5.8 billion in January. This represents an increase of US$1.32 billion or 29.2 percent compared to the previous year, according to the National Statistics Committee.

Exports rose by 26.7 percent to US$1.69 billion. The growth was mainly driven by higher exports of industrial products, food, chemical products, and services. Imports rose even more sharply, by 30.3 percent to US$4.14 billion. As a result, the trade deficit widened to US$2.44 billion.

China remained the most important partner with a trade volume of US$1.62 billion, accounting for 27.9 percent of total foreign trade. Trade with Russia also picked up significantly, reaching US$1.09 billion. Kazakhstan followed with US$414 million. In total, Uzbekistan maintained trade relations with 145 countries in January.

Industrial goods accounted for 56.2 percent of exports. Food and live animals accounted for 10 percent, chemical products also accounted for 10 percent, and various manufactured goods accounted for 7.1 percent. The most important export markets were Russia, China, and Afghanistan.

Exports of services developed particularly dynamically, rising by 44.1 percent to 742 million US dollars. They accounted for 43.8 percent of total exports. The main drivers were travel and tourism as well as transport services.

On the import side, machinery and vehicles dominated with a share of 35.9 percent, followed by industrial goods and chemical products. The most important supplier countries were China, Russia, and Kazakhstan.

In 2025 as a whole, Uzbekistan's foreign trade grew by 20.7 percent to US$81.2 billion. Exports rose by 24 percent to US$33.8 billion, while imports increased by 18.5 percent to US$47.4 billion. The trade deficit amounted to US$13.5 billion.

This article was produced in cooperation with our partner bne intelliNews.