In the 1Q, 2023, Kazakhstan's trade with Uzbekistan amounted to $1.1 billion. According to official statistics, this is 5.2% higher year-on-year.
The lion's share of turnover (76.7%) accounted for exports from the Republic of Kazakhstan. During this period, the volume of exports increased by 0.9% to $821.3 mln, and imports reached $248.9 mln (+22.6%).
It should be noted that in January-March 2023, the largest volume of exports from Kazakhstan to Uzbekistan (in monetary terms) accounted for wheat and meslin – $237.6 mln. This is 5.3% higher y-o-y.
Fertilizers, wheat flour, oil, and fat products became other main export goods.
Trade between the countries can grow even more: to increase throughput, the Kazakh and Uzbek customs authorities have agreed to switch to an enhanced mode of operation.
According to APK-Inform with reference to official statistics, Kazakhstan exported about 2.7 mln tonnes of wheat to Uzbekistan in 8 months of 2022/23 (compared to 2.05 mln tonnes in the same period last season). Thus, Uzbekistan remains the top importer of Kazakh grain.
More information about the grains and oilseeds market of Central Asia, and trade prospects between Kazakhstan and Uzbekistan will be presented at the third international conference Asia Grains&Oils Conference in Tashkent 2023, which will be held on September 14-15 in Tashkent.
Find more details on the APK-Inform website.
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