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The decline in total exports was largely driven by a reduction in non-monetary gold exports. Over the year, gold exports fell from $7.6 billion to $2.8 billion, a decrease of more than 63%.
Excluding gold, however, merchandise exports increased by 27.7% to $9.8 billion.
The largest non-gold export category was industrial goods, at $2.9 billion, up 22.4% from a year earlier. Exports of manufactured goods increased nearly 1.9-fold to $1.7 billion, while chemical product exports rose by 35% to $1.6 billion. Exports of food products and live animals amounted to $1.5 billion.
The textile sector also demonstrated strong growth. Textile exports reached $1.9 billion, increasing by 26.6%. The sector accounted for 9.5% of total merchandise exports. Finished textile products and yarn made up the bulk of shipments.
Fruit and vegetable exports amounted to 1.28 million tonnes in the first seven months of the year. In physical terms, volumes increased by 0.4%, while in value terms they declined by 3.9% to $1.03 billion.
At the same time, Uzbekistan is expanding its services exports. Between January and July, the indicator increased by 35.3%.
Travel services, including tourism, accounted for the largest share at $3.9 billion, or 53.8% of total services exports. Transport services generated $2.3 billion, while telecommunications, computer and information services amounted to $622 million.
Thus, growing services exports are becoming one of the notable drivers of the country’s foreign economic activity.
Imports of goods and services reached $29.6 billion in the first seven months of the year. Machinery and transport equipment accounted for the largest share of merchandise imports, at $9.7 billion, or 32.8% of the total. The figure increased by 20% year-on-year.
Automobile imports amounted to $2.4 billion, including $920.4 million worth of passenger cars, with their imports increasing 1.7-fold.
Imports of industrial goods totaled $4.4 billion, while chemical products accounted for $3.6 billion. More than $1.1 billion of the latter category consisted of medical and pharmaceutical products.
Food imports also increased significantly, rising by 41.9% to $3.3 billion. Imports of mineral fuels grew by 10.7% to $2.5 billion. Meanwhile, gasoline imports increased by 60.8% to $426 million.
Uzbekistan maintains foreign trade relations with more than 200 countries. China remains the country’s largest trading partner, accounting for $11.26 billion, or 22.7% of total foreign trade turnover.
Russia ranks second at $8.13 billion, followed by Kazakhstan at $3.27 billion, Türkiye at $1.65 billion, and Afghanistan at $1.23 billion.
Notable growth in trade turnover was also recorded with Hong Kong and Kyrgyzstan.
Russia led Uzbekistan’s exports with $2.82 billion, followed by China at $1.7 billion, Afghanistan at $1.09 billion, Kazakhstan at $868 million, and France at $854.9 million.
China remains the main source of imports, accounting for $9.56 billion, or 32.3% of total imports. Russia followed with $5.3 billion and Kazakhstan with $2.4 billion.
Overall, goods and services were imported into Uzbekistan from more than 160 countries.
Uzbekistan’s Foreign Trade Turnover Rises to $49.5 Billion
Uzbekistan’s foreign trade turnover reached $49.5 billion in January–July 2026, increasing by $3.7 billion, or 8.1%, compared with the same period last year. This was reported by the National Statistics Committee of the Republic of Uzbekistan.
The main contribution to the growth came from imports. Import volumes increased by 17.8% to $29.6 billion. Exports, meanwhile, declined by 3.6% to $19.9 billion.
As a result, Uzbekistan’s foreign trade deficit widened to $9.7 billion, compared with $4.4 billion a year earlier.
Exports: Growth in Non-Gold Shipments
The decline in total exports was largely driven by a reduction in non-monetary gold exports. Over the year, gold exports fell from $7.6 billion to $2.8 billion, a decrease of more than 63%.
Excluding gold, however, merchandise exports increased by 27.7% to $9.8 billion.
The largest non-gold export category was industrial goods, at $2.9 billion, up 22.4% from a year earlier. Exports of manufactured goods increased nearly 1.9-fold to $1.7 billion, while chemical product exports rose by 35% to $1.6 billion. Exports of food products and live animals amounted to $1.5 billion.
The textile sector also demonstrated strong growth. Textile exports reached $1.9 billion, increasing by 26.6%. The sector accounted for 9.5% of total merchandise exports. Finished textile products and yarn made up the bulk of shipments.
Fruit and vegetable exports amounted to 1.28 million tonnes in the first seven months of the year. In physical terms, volumes increased by 0.4%, while in value terms they declined by 3.9% to $1.03 billion.
Services Exports Continue to Grow
At the same time, Uzbekistan is expanding its services exports. Between January and July, the indicator increased by 35.3%.
Travel services, including tourism, accounted for the largest share at $3.9 billion, or 53.8% of total services exports. Transport services generated $2.3 billion, while telecommunications, computer and information services amounted to $622 million.
Thus, growing services exports are becoming one of the notable drivers of the country’s foreign economic activity.
Imports: Machinery and Transport Account for the Largest Share
Imports of goods and services reached $29.6 billion in the first seven months of the year. Machinery and transport equipment accounted for the largest share of merchandise imports, at $9.7 billion, or 32.8% of the total. The figure increased by 20% year-on-year.
Automobile imports amounted to $2.4 billion, including $920.4 million worth of passenger cars, with their imports increasing 1.7-fold.
Imports of industrial goods totaled $4.4 billion, while chemical products accounted for $3.6 billion. More than $1.1 billion of the latter category consisted of medical and pharmaceutical products.
Food imports also increased significantly, rising by 41.9% to $3.3 billion. Imports of mineral fuels grew by 10.7% to $2.5 billion. Meanwhile, gasoline imports increased by 60.8% to $426 million.
China Remains Uzbekistan’s Largest Trading Partner
Uzbekistan maintains foreign trade relations with more than 200 countries. China remains the country’s largest trading partner, accounting for $11.26 billion, or 22.7% of total foreign trade turnover.
Russia ranks second at $8.13 billion, followed by Kazakhstan at $3.27 billion, Türkiye at $1.65 billion, and Afghanistan at $1.23 billion.
Notable growth in trade turnover was also recorded with Hong Kong and Kyrgyzstan.
Russia led Uzbekistan’s exports with $2.82 billion, followed by China at $1.7 billion, Afghanistan at $1.09 billion, Kazakhstan at $868 million, and France at $854.9 million.
China remains the main source of imports, accounting for $9.56 billion, or 32.3% of total imports. Russia followed with $5.3 billion and Kazakhstan with $2.4 billion.
Overall, goods and services were imported into Uzbekistan from more than 160 countries.