Uzbek-Russian trade turnover hits US$1.367bn in Jan-May

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Economy 11/07/2012 Uzbek-Russian trade turnover hits US$1.367bn in Jan-May

Uzbek-Russian trade turnover hits US$1.367bn in Jan-May

Tashkent, Uzbekistan (UzDaily.com) -- Trade turnover between Uzbekistan and Russia made up US$1.367 billion in January-May 2012, the Russian Federal Customs Service said.

The FCS said that trade turnover between two nations fell by 0.9% year-on-year in January-May 2012.

According to the data of Russian service, the volume of exports from Russia to Uzbekistan grew by 8.1% year-on-year to US$823.4 million in January-May 2012.

At the same time, imports of Russia from Uzbekistan decreased by 11.9% year-on-year in the reporting period to US$544 million.

Uzbekistan is the fourth largest trade partner of Russia in the CIS. Ukraine (US$18.8bn), Belarus (US$15.1bn) and Kazakhstan (US$8.2bn) claimed the first three places.

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