Uzbekistan-Kazakhstan Trade Turnover Tops $3.8 Billion in 2024

According to the Statistics Agency of the Republic of Uzbekistan, in January-November, the volume of foreign trade of the country amounted to $59.4 billion, which is 3.6% more than in the same period last year.

Uzbekistan has established economic ties with 195 countries. In terms of trade turnover, the leaders are China (19%), Russia (18%), Kazakhstan (6.5%), Türkiye (4.4%) and Korea (3%), The Caspian Post reports, citing Uzbek media.

Products worth $1.3 billion were exported to Kazakhstan, while imports amounted to $2.5 billion.

According to experts, such growth of indicators is facilitated by the common border, the CIS free trade zone, and mutual liberalization of economic relations.