Uzbekistan's foreign trade turnover in 2020 will reach $ 36.3 billion
Tashkent, Uzbekistan (UzDaily.com) - In January-December 2020, the foreign trade turnover of Uzbekistan (WTO) amounted to $ 36.3 billion, which is $ 5.45 billion less than in the same period of 2019. 13.1%). The State Statistics Committee of Uzbekistan reports.
Out of the total volume of the World Trade Organization, exports amounted to $ 15.12 billion (a decrease of 13.4% compared to January-December 2019), while imports amounted to $ 21.17 billion (a decrease of 12.8%). As a result, the foreign trade balance amounted to a passive balance of $ 6.04 billion.
If we compare the infographics of foreign trade turnover by months, we can see that in 2019, the WTO had a stable dynamics with small jumps in June and July. The same figures for 2020 reflect a different picture. Thus, if the first two months were at the level of 2019, then from March there were fluctuations, which are characterized by changes in the situation on the world market. Gold exports rose sharply in July and August, according to the World Trade Organization.
The sharp decline in the volume of WTOs in the quarter compared to the same period in 2019 was recorded in the II and IV quarters, reaching $ 2.6 billion and $ 1.69 billion, respectively.
The necessary resource base has been created in the country to ensure the stable and uninterrupted operation of enterprises and sectors of the real economy. Significant changes in the structure of exports have been achieved as a result of increased production of import-substituting products and diversification of industrial production. It was also noted that the strengthening of relations with neighboring countries, a lot of work is being done to develop relations with these countries in the socio-economic, trade, industrial and cultural spheres. In particular, there have been significant changes in the WTO in recent years with neighboring countries, such as Kazakhstan and Kyrgyzstan. The existence of an active foreign trade balance with Afghanistan, Kyrgyzstan, Tajikistan and Iran can be considered a positive result in the country's foreign trade.
Among the 20 largest foreign economic partners are four countries, including Afghanistan ($ 772.3 million), Kyrgyzstan ($ 610.1 million), and Tajikistan ($ 307.2 million). trade balance is available. and Iran ($ 33.2 million). The passive balance of foreign trade turnover remains in the remaining 16 countries.
Today, Uzbekistan trades with about 170 countries. The largest volume of foreign trade turnover was with the PRC (17.7%), the Russian Federation (15.5%), Kazakhstan (8.3%), the Republic of Korea (5.9%), Turkey (5.8%), Kyrgyzstan (2.5%) and Germany (2.3%).
Tashkent has a significant share in the country's foreign trade turnover, which is 34.2% or $ 12.42 billion, with the smallest share at 1.2% or $ 421.7 million, which is higher than in Surkhandarya.
One-third of the WTO's volume is in the CIS, and this figure has changed slightly in recent years. Despite the measures taken to strengthen cooperation with the CIS countries and comprehensively support foreign trade, the share of foreign trade turnover of the CIS countries decreased by 2.0% compared to the same period in 2019. In the same period of 2018, a decrease of 3.7% was recorded, and their share in foreign trade turnover at the end of January-December 2020 amounted to 32.6%.
In January-December 2020, the foreign trade turnover of other countries increased accordingly compared to the same period in 2018-2019 and amounted to 67.4% of the total foreign trade turnover.
The foreign trade turnover of the Republic of Uzbekistan with the CIS countries amounted to $ 11.83 billion, of which exports amounted to $ 4.1 billion and imports to $ 7.73 billion.
The largest volume of foreign trade turnover with the CIS countries is the Russian Federation (47.7%), Kazakhstan (25.5%), Kyrgyzstan (7.6%), Turkmenistan (4.5%) and Tajikistan (4, 2%).
On December 11, 2020, the Republic of Uzbekistan received observer status in the Eurasian Economic Union. The foreign trade turnover of the Republic of Uzbekistan with the EU amounted to $ 9.83 billion, of which exports amounted to $ 3.17 billion and imports to $ 6.65 billion.
The total number of exporting entities in January-December 2020 amounted to 6,109 units, which provided an increase in exports excluding special exports by $ 9.32 billion (a decrease of 25.7% compared to the same period in 2019). did).
Exports accounted for 86.8% of goods, mainly industrial products (19.2%), food and live animals (8.8%), chemicals and similar products (5.4%). The
In December 2020, exports amounted to $ 930.4 million, a decrease of $ 673.5 million compared to the same month in 2019.
The dynamics of exports show that in the third quarter of 2020 it amounted to $ 6.18 billion, while in the fourth quarter it decreased by $ 3.53 billion to $ 2.65 billion. a relative decrease was noted. 2.3 times.
Over the past three years, the volume of exports to the CIS countries has decreased, and their share in the total volume decreased from 35.7% to 27.1%. Accordingly, the share of other foreign countries in total exports increased from 64.3% to 72.9%.
Compared to 2018-2019, in January-December 2020, our main partners in the export of goods and services in foreign trade turnover were countries such as China (12.8% of total exports), the Russian Federation (9.7%). , Turkey (6.7%), Kazakhstan (6.0%), Afghanistan (5.1%), Kyrgyzstan (5.0%) and Tajikistan (2.7%). Their share in total exports reached 48.0%.
The largest share in the structure of the republic's exports was recorded in Tashkent, which is 19.5% or $ 2.95 billion, the smallest share in the structure of exports was 0.8% or $ 124.1 million, which is recorded in Jizzakh region. …
The fruit and vegetable sector in Uzbekistan is an important segment in ensuring food security in the country and the region. Therefore, all measures are being taken to accelerate the development of fruit and vegetable production in this area, which is yielding results.
Thus, the volume of exports of fruits and vegetables amounted to 1.48 million tons and exceeded $ 1.008 billion in value (the rate of decline was 16.5%, respectively, compared to the same period in 2019). On this basis, 768.3 thousand tons of vegetables were exported for $ 400.0 million, as well as 402.3 thousand tons of fruits and berries for $ 353.9 million (a decrease in value compared to the same period) in 2019 by 15.1% and 13, respectively. , 0%).
The main export markets for fruits and vegetables are Russia, Kazakhstan, Kyrgyzstan and Pakistan. Agricultural sectors such as horticulture, horticulture and viticulture have developed rapidly. Thus, in January-December 2020, the share of fruits and vegetables in total exports amounted to 6.7%.
According to the results of January-December 2020, the largest volume of fruit and vegetable exports in terms of value falls on the Russian Federation (25.3% of the total volume of fruits and vegetables), which is 5.2 times more than exports to Afghanistan. pdir.
The growth in textile exports can be seen as a direct result of reforming the production of finished products and the creation of added value instead of raw cotton. For example, at the end of January-December 2020, textile exports amounted to $ 1.92 billion, which is 12.7% of total exports, an increase of 18.1% compared to January-December 2019.
The main share in the export of textiles is cotton yarn (48.9%), as well as finished knitwear and garments (26.4%). In January-December 2020, more than 498 types of textile products were exported to 70 countries around the world.
The largest share of textile exports was to the Russian Federation ($ 655.5 million - 34.1%), China ($ 438.2 million - 22.8%) and Kyrgyzstan ($ 283.9 million - 14.8%).
Exports of services in January-December 2020 amounted to $ 2.004 billion or 13.2% of total trade exports, a decrease of 41.7% compared to the same period in 2019. Transport services (71.0%), travel (tourism) (12.8%), telecommunications, computer and information services (8.3%) and other business services (2.9%) accounted for the lion's share of exports of services. settings are coming.
At the same time, other services (5.0%) accounted for the largest share of construction (2.2%), financial services (1.0%), insurance and pension services (0.9%) and others. settings are coming.
During the reporting period, imports amounted to $ 21.17 billion (a decrease in growth rates, compared to 12.8% in January-December 2019). Its main share is in machinery and transport equipment (37.6%), industrial goods (16.9%), as well as chemicals and similar products (13.7%).
Also, the analysis of the dynamics of imports of goods showed that in January-December 2020 compared to the same period in 2019, imports of goods decreased by $ 1.91 billion to $ 19.95 billion, while imports of services reached $ 1.21 billion. .
Imports in December 2020 amounted to $ 2.4 billion, an increase of $ 119.3 million compared to the same month in 2019.
The quarterly analysis of 2020 showed that imports of goods and services decreased by $ 2.03 billion (-29.9%) in the first quarter and by $ 1.18 billion (-19) in the second quarter, respectively, compared to the same period in 2019. , 7%) in III year - to $ 1.26 billion (-18.9%). Only in the IV quarter of 2020 the volume of imports almost equal to the volume of the IV quarter of 2019.
Despite the general background of declining imports of goods, some groups of goods are growing, for example, medical and pharmaceutical products - 1.17 billion. USD (increase by 24.6%), essential oils, resinoids and perfumes, toiletries, polishes and detergents - $ 237.9 million (+ 21.5%), cereals and their products - 733.2 million dollars (+ 36.1%).
The dynamics of maintaining the share of imports with the CIS countries and other foreign countries in recent years, within these limits is 36.5: 63.5.
In general, in January-December 2020, the Republic of Uzbekistan imported goods and services from 147 countries. One third of imports ($ 15.23 billion) come from major partner countries such as China (21.3% of major imports), the Russian Federation (19.7%), and the Republic of Korea (10.0%). . , Kazakhstan (9.9%), Turkey (5.1%), Germany (3.6%) and the Czech Republic (2.4%).
The city of Tashkent has a significant share in the country's imports, which is 44.7% or $ 9.47 billion, the smallest share is in the Republic of Karakalpakstan - 0.8% or $ 176.3 million.
The volume of imports of services in January-December 2020 amounted to $ 1.21 billion or 5.7% of its total volume and decreased by 49.9% compared to the same period in 2019. The main part of imports of services is travel (tourism - 36.4%), other business services (15.2%), transport services (13.2%) and telecommunications, computer and information services (10.7%). In addition, other services accounted for 24.5% of total imports of services, including a high share of payments for the use of intellectual property (9.3%), construction services (8.9%), maintenance. and repair services (3), 4%) and others.
Quarantine restrictions imposed during the pandemic have also affected the service sector. In particular, as a result of restrictions on the transit of international transport by countries near and far abroad, imports of transport services decreased by 2.6 times and amounted to $ 160.0 million. However, compared to 2019, imports of some services increased. In particular, imports of telecommunications services reached $ 93.8 million (an increase of 66.6%), computer services and software increased 1.6 times and amounted to $ 19.7 million.
In January-December 2020, the volume of machinery and transport equipment in imports reached $ 7.95 billion, a decrease of 16.9% compared to the same period in 2019, the share of total imports was 37.6%. The decline in imports of machinery and transport equipment was due to non-specialized machinery and equipment for the industry (17.6%), as well as specially manufactured machinery for some industries (14.9%).
It should be noted that the growing import of machinery and equipment is a reflection of the policy of industrialization, as well as active reforms to support foreign direct investment in the creation, modernization and increase of production capacity. .
At the end of January-December 2020, the volume of industrial goods in the structure of imports reached $ 3.58 billion and decreased by 13.6% compared to the same period in 2019, in general, the share of total imports was 16.9%.
The main imports of industrial products are cast iron and non-alloy steel products ($ 761.7 million), rubber tires and hoses for all types of wheels ($ 210.1 million), aluminum ($ 203.4 million), paper and cardboard. ($ 202.4 million), plywood, particle board, other recycled wood ($ 201.0 million), and more.