Kazakh-Uzbek trade up 7% y/y in Jan-Apr

By bne IntelIiNews May 24, 2023

Trade turnover between Uzbekistan and Kazakhstan gained by 7% y/y from January to April, Azernews reported.

Total trade volume reached $1.5bn, compared to $1.4bn during the same period in 2022. Uzbekistan's exports to Kazakhstan amounted to $426.8mn, showing a significant increase of 16.4% y/y from $366.5mn. 

On the other hand, Kazakhstan's exports to Uzbekistan totalled $1.08bn, up 4% y/y from $1.04bn.

Earlier this year, Kazakh Prime Minister Alikhan Smailov highlighted how Uzbekistan is one of the country's major trading partners, with bilateral trade reaching $5bn in 2022. Both nations have set a medium-term target to further increase their trade volume to $10bn.

 
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