In the first half of 2023, the trade turnover between Uzbekistan and Turkmenistan experienced a 4.7% growth, totaling $438mn.
According to Orient, Uzbekistan's primary trading partners among the CIS nations are Russia, Kazakhstan, Kyrgyzstan, and Turkmenistan.
The Commonwealth countries contribute to around 33% of Uzbekistan's foreign trade operations, as reported by the Statistics Agency under the President of Uzbekistan.
Regarding the foreign trade balance, Turkmenistan has a positive difference of $277.7mn in exports and imports of goods with Uzbekistan.
Among the CIS countries, Moldova has a relatively small trade partnership with Tashkent, amounting to a total trade turnover of $4.9mn.
Recently, Uzbekistan's Deputy Prime Minister Jamshid Khodjayev revealed that mutual trade between Turkmenistan and Uzbekistan quadrupled and crossed over the $1bn mark last year.
Uzbekistan's government is keen on increasing purchases of Turkmen textile products, fertilizers, energy resources, and chemical and glass industry products.
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