Uzbekistan’s foreign trade turnover (FTT) totaled $11.6bn in January–February 2026, increasing by $767.4mn, or 7.1%, year-on-year compared to the same period in 2025.
Exports declined to $3.55bn, down 23.4% y/y, mainly due to a decrease in special exports. Imports rose 29.8% y/y to $8.06bn. As a result, the trade balance remained in deficit at –$4.51bn. Excluding special exports, goods exports demonstrated steady growth, rising by 24.0% y/y to $2.10bn.
Key trade partners
Uzbekistan maintained trade relations with 160 countries during January–February 2026. China, Russia, and Kazakhstan remained the country’s leading trading partners.
Trade turnover with China reached $3.19bn, up from $2.08bn in 2025 and $2.13bn in 2024, accounting for 27.5% of total FTT. Russia followed with $2.12bn, compared to $1.62bn last year and $1.77bn in 2024, representing 18.3% of total turnover. Trade with Kazakhstan amounted to $837.5mn, up from $660.4mn in 2025 and $581.0mn in 2024, making up 7.2% of total FTT. Other major partners included Turkiye (3.6%) and the Republic of Korea (2.7%).
On the export side, Russia remained Uzbekistan’s largest destination, accounting for 19.2% of total exports, followed by China (10.8%), Afghanistan (8.2%), France (6.0%), Kazakhstan (4.5%), Turkiye (4.3%), Kyrgyz Republic (2.9%), UAE (2.8%), and Tajikistan (2.7%). Together, these countries accounted for 60.0% of total exports.
Sectoral insights
Sectoral data indicated growth in agriculture, textiles, and services, despite the overall decline in exports.
Exports of fruit and vegetable products reached 219,900 tons, up 14.0% y/y. In value terms, shipments totaled $207.3mn, an increase of 18.4% compared to the same period in 2025, accounting for 5.8% of total exports.
Textile exports amounted to $466.6mn, accounting for 13.2% of total exports, up 15.5% y/y. Finished textiles made up 52.2% of textile exports, while yarn accounted for 30.3%.
Service exports increased 25.1% y/y to $1.45bn, representing 40.9% of total exports. Travel services dominated with 45.7%, followed by transport services (36.7%), telecommunications and IT services (10.8%), and other business services (2.2%).
Uzbekistan exported no non-monetary gold during the reporting period, compared to $1.73bn in the same period last year, while gold imports remained limited at $11.7mn.
In the overall export structure, goods accounted for 59.1% of total exports, including industrial goods (18.1%), food products and live animals (9.9%), chemical products (9.6%), and various finished goods (8.5%).
Import structure
Imports totaled $8.06bn in January–February 2026. Goods imports increased by $1.70bn y/y to $7.21bn, while service imports rose 21.1% y/y to $844.0mn.
Machinery and transport equipment dominated the import structure with a 36.1% share, followed by industrial goods (14.3%) and chemical products (11.9%).
Uzbekistan imported goods and services from over 135 countries during the period. The main suppliers were China (34.9%), Russia (17.9%), Kazakhstan (8.4%), the Republic of Korea (3.8%), Turkiye (3.2%), Germany (2.3%), and India (2.2%). These countries accounted for more than 70% of total imports.
Service imports represented 10.5% of total imports. Travel services accounted for 53.5%, followed by transport services (19.1%), telecommunications, computer and information services (10.4%), and other business services (9.3%).
