In the first half of 2025, the foreign trade turnover of the Republic of Uzbekistan reached $37.0 billion, a 16.1% increase compared to the same period last year. Exports grew by 29.1% to $16.9 billion, while imports increased by 7.0% to $20.1 billion. The trade deficit narrowed to -$3.2 billion. China and Russia remain the key trading partners.

General Overview of Foreign Trade Turnover

From January to June 2025, Uzbekistan’s foreign trade turnover (FTT) amounted to $37,019.9 million, showing an increase of $5,123.0 million, or 16.1%, compared to the same period in 2024.

Key FTT indicators for the first six months of 2025 compared to previous years (in millions of U.S. dollars):

• Foreign Trade Turnover:

  • 2023: $29,341.5

  • 2024: $31,896.8

  • 2025: $37,019.9

• Exports:

  • 2023: $12,310.9

  • 2024: $13,076.4

  • 2025: $16,886.7

• Imports:

  • 2023: $17,030.5

  • 2024: $18,820.4

  • 2025: $20,133.2

• Balance:

  • 2023: -$4,719.6

  • 2024: -$5,743.9

  • 2025: -$3,246.5

Main Trading Partners

The Republic of Uzbekistan maintains trade relations with 194 countries worldwide. The largest shares in the foreign trade turnover for January-June 2025 were held by the following countries:

• China: 17.7% ($6,556.8 million)

• Russia: 16.3% ($6,028.3 million)

• Kazakhstan: 6.0% ($2,210.3 million)

• Turkey: 3.6% ($1,340.0 million)

• Republic of Korea: 2.3% ($837.1 million)

Export Analysis

Export volume for January-June 2025 reached $16,886.7 million, an increase of 29.1% compared to the same period in 2024.

Export Structure: Goods accounted for 76.0% of total exports. The main commodity groups in the export structure are:

• Industrial goods: 10.9%

• Food products and live animals: 7.2%

• Chemical substances and similar products: 5.8%

• Miscellaneous manufactured articles: 4.1%

A significant portion of exports is categorized as “other goods,” which includes non-monetary gold. Exports of non-monetary gold amounted to $6,492.1 million, representing 38.4% of total exports.

Export of Fruits and Vegetables: During the reporting period, 1,078.1 thousand tons of fruits and vegetables were exported, which is 7.8% more than in 2024. The export value was $847.3 million (a 40.5% increase). The share of fruits and vegetables in total exports was 5.0%.

Export of Textile Products: Textile exports amounted to $1,268.9 million (7.5% of total exports), a decrease of 17.0% compared to January-June 2024. The main share in textile exports is held by finished textile goods (47.8%) and yarn (32.2%).

Export of Services: The volume of exported services increased by 29.0% to $4,056.4 million, or 24.0% of total exports. The main categories of service exports are:

• Travel (tourism): 51.8% ($2,101.5 million)

• Transport services: 33.7% ($1,368.1 million)

• Telecommunications, computer, and information services: 8.0% ($323.8 million)

Main Export Partner Countries: In January-June 2025, the top ten export partners included Russia (12.1%), China (5.4%), Kazakhstan (4.0%), Afghanistan (3.6%), Turkey (3.0%), France (2.9%), the UAE (1.8%), the Kyrgyz Republic (1.6%), Tajikistan (1.4%), and Pakistan (1.0%). Their combined share in total exports reached 36.8%.

Import Analysis

Imports for the reporting period amounted to $20,133.2 million, which is 7.0% higher than the figure for the same period in 2024.

Import Structure: The main shares in the import structure are held by:

• Machinery and transport equipment: 32.9% ($6,617.1 million)

• Industrial goods: 16.0% ($3,216.5 million)

• Chemical substances and similar products: 12.2% ($2,294.4 million)

Import of Services: The volume of imported services for January-June 2025 was $2,070.1 million, accounting for 10.3% of total imports. This represents a 30.0% increase compared to the same period in 2024. The structure of service imports is dominated by travel (tourism) (55.9%) and transport services (19.4%).

Main Import Partner Countries: Over two-thirds of imports come from the following countries:

• China: 28.1% ($5,650.7 million)

• Russia: 19.8% ($3,977.2 million)

• Kazakhstan: 7.6% ($1,533.9 million)

• Republic of Korea: 4.1% ($816.5 million)

• Turkey: 4.1% ($832.2 million)

• Germany: 2.9% ($589.8 million)

• India: 2.7% ($539.2 million)

Source: UZSTAT