24 Jan, 2022

Results of investment and foreign trade activities of the Republic of Uzbekistan in 2021

The total volume of assimilated investments in the Republic of Uzbekistan amounted to 245 trillion soums (24 billion US dollars) with a growth rate of 105.2% compared to 2020, of which funds from international financial institutions – 5.28 billion US dollars, foreign direct investment 2.79 billion US dollars, funds attracted under the state guarantee amounted to 1.6 billion US dollars.

Assimilation of investments in fixed assets as a percentage of GDP amounted to 33.3. In the reporting period, 226 major investment projects worth 3.33 billion US dollars (34 881 jobs) were implemented within the framework of the state Investment Program and within the framework of regional investment programs – 15 170 projects worth 80 910.7 billion soums (226 316 jobs).

Through the implementation of these projects, more than 261 197 new jobs were created.

The main foreign partners in attracting foreign investment to the Republic were

China People’s Republic 1.62 billion US dollars,
Turkey 0.62 billion US dollars,
Germany 0.58 billion US dollars,
Russian Federation 0.55 billion US dollars,
Kazakhstan 0.167 billion US dollars,
South Korea $0.11 billion US dollars.

Investments were directed to such sectors as new construction 124 564.4 billion soums (50.8), oil and gas 15 729.3 billion soums (6.4%), production of minerals (non-metals) 14 950.6 billion soums (6 .1%), textile 12 675.4 billion soums (5.2%), metallurgy 8 399.9 billion soums (3.4%). The trade turnover of the Republic of Uzbekistan amounted to 454.68 trillion soums (42.1 billion US dollars), which is 16% or 62.6 trillion soums (5.8 billion US dollars) more than in 2020. The volume of exports amounted to 16.61 billion US dollars, which is 10% more than in 2020.

Including Export by areas: An impressive share in the volume of exports of the Republic is the export of industrial goods 4 334.9 million US dollars (26.1%), export of services 2 547.4 million US dollars (15.3%) and food products 1 371 million US dollars (8 .3%). By sectors of the economy: Export of textile products (yarn, fabric, ready-made clothes) for 2 927.2 million US dollars, non-ferrous metals for 1 610.3 million US dollars, vegetables and fruits for 962.3 million US dollars, natural gas for 717.3 billion US dollars, as well as the export of gold for 4 109.8 million US dollars.

By countries:
Russian Federation 2 058.9 million US dollars,
People’s Republic of China 2 518.8 million US dollars,
Kazakhstan 1 172.1 million US dollars,
Turkey 1 690.1 million US dollars,
Kyrgyzstan 791.1 million US dollars,
Afghanistan 649 .4 million US dollars.

The volume of imports amounted to 25.46 billion US dollars, which is 20% more than in 2020. Including Import by areas: An impressive share in the volume of imports was the import of machinery and equipment in the amount of 8 252.7 million US dollars (32.4%), imports of industrial goods 4 720.2 million US dollars (18.5%), as well as imports of services 1 736.8 million US dollars (6.8%). By sectors of the economy: Import of machinery, equipment and their components 3 387.8 million US dollars, cast iron and steel for 2 086.4 million US dollars, medical and pharmaceutical products for 1 603.0 million US dollars, automobiles and their spare parts – USD 1 551.6 million, as well as imports of oil products for 1 155.9 million US dollars.

By countries: Russian Federation 5 458.1 million US dollars, People’s Republic of China 4 922.1 million US dollars, Kazakhstan 2 738.4 million US dollars, Turkey 1 690.1 million US dollars, Korea 1 837.7 million US dollars, Germany 649.4 million US dollars, Turkmenistan 960.6 million US dollars. As of January 1, 2022, a passive balance of foreign trade balance was recorded in the amount of 8 850.4 million US dollars.

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