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    Uzbekistan Economics

    Trade turnover between Uzbekistan and Italy hits $114 mn in 1Q24

    Trade turnover between Uzbekistan and Italy hits $114 mn in 1Q24

    The trade turnover volume between Uzbekistan and Italy amounted to $114 mn in 1Q24. This figure indicates a slight decrease of 0.44% compared to the same period in 2023, which recorded a turnover of $114.5 mn.

    Photo: Trade turnover
    Source: The Astana Times

    Italy ranked 18th among the countries with the largest volume of foreign trade turnover in Uzbekistan. The volume of exports to Italy reached $11.3 mn, while imports to Uzbekistan from Italy amounted to $102.7 mn during the same period in 2024.

    In January-February 2024, the trade turnover between Uzbekistan and Italy was $80.5 mn, slightly lower than the $69.5 mn recorded in the same period in 2023, which represented a growth of 15.8%.

    Earlier, Daryo reported that Uzbekistan's foreign trade turnover with Central Asian countries amounted to $1.4 bn in 1Q4. This figure represents a 17.6% decrease compared to the same period in 2023, which saw a turnover of $1.7 bn.

    In the structure of trade turnover with Central Asian countries, Uzbekistan's exports totalled almost $523 mn from January through March 2024, a decrease of 19.5% from the $657.4 mn recorded in 1Q23. Imports from Central Asian countries also declined, reaching nearly $955 mn, down 13.1% from $1.1 bn in the same period last year.

     

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    16.05.2024, 11:30   Comments (0)   841
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