Trade Balance in Uzbekistan

Uzbekistan Trade Balance | Economic News & Forecasts

Uzbekistan - Trade Balance

Growth accelerated in the second quarter and seemingly gathered further steam at the outset of the third quarter. The acceleration in the second quarter was underpinned by booming construction activity, with robust output growth in the manufacturing, and mining and quarrying sectors boosting the overall expansion further. In July, the all-important manufacturing sector kicked into a higher gear, while construction activity remained elevated. This, coupled with a pick-up in retail trade and stronger merchandise export growth, hinted at quickening GDP growth at the outset of Q3. In other news, on 20 August, Uzbekistan’s Central Bank lifted trading restrictions on foreign exchange and removed the floating exchange rate corridor, effectively liberalizing the exchange rate regime in a move to further open up the country’s economy to foreign investors.

Uzbekistan - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-10.6  -12.6  -10.5  -2.4  -2.2  

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Note: Trade balance in USD bn.

Uzbekistan Facts

Exchange Rate9,3850.0 %Sep 04

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