The last Article IV Executive Board Consultation was on May 6, 2019. In May 2019, Tashkent launched an Afghanistan-Uzbekistan trade zone that will function within the Termez Cargo Center terminal at the Afghan-Uzbekistan border. 4.2% CIS countries were the initial market for Uzbek textiles. Uzbekistan plans to export 80 tons of gold in 2019, the Central Bank said in a statement. The most recent round of data collection for the project was completed in May 2019. Uzbekistan reprotedly exported 70 tons of gold in 2018, while 80 tons a year earlier. Starting in September 2017, the government unified the exchange rate, liberalized the foreign exchange market, initiated price and trade liberalization and, since January 2019, has made significant cuts to tax rates for both firms and individuals. 2.3% Exports of pharmaceuticals saw the biggest increase among manufactured goods, rising by 4.2% per year between 2008 and 2018. Listed below are items related to Republic of Uzbekistan. Uzbekistan government is eyeing garment and textile export growth to US$2 billion a year by 2019 under a new plan. The government is planning to reprocess all-cotton yarn produced in the country domestically by 2025 and hike export of textile items, according to Uzbek Textile Industry Association Chairman … In 2018, Uzbekistan exported $10.5B and imported $18.1B, resulting in a … According to Ministry of Investments and Foreign Trade, in 2019, the exports of goods amounted to USD 14.3 billion, while exports of services reached USD 3.6 billion. Uzbekistan’s exports of cotton yarn, textiles, and readymade garments were about US$1.3 billion in 2018 and are estimated to reach US$1.5 billion at the end of 2019. As with regards to commercial services, Uzbekistan exported USD 4.2 billion and imported USD 1.2 billion worth services. World exports of sea transport services declined at an average annual rate of 1% between 2008 and 2018. By Trend. Imports of goods reached USD 21.8 … See the methodology … Uzbekistan is implementing ambitious market-oriented economic reforms. The Central Bank predicts that the average world price of gold in 2019 will be US$ 1.32 thousand per ounce, versus US$ 1,268.8 in 2018. Merchandise Exports by Country (HS02) 1% Exports of iron and steel declined at an annual rate of 2.3% from 2008 to 2018. Its income is within the lower-middle range, but the country ranked high on the Human Development Index in 2019. In 2018 Uzbekistan was the number 86 economy in the world in terms of GDP (current US$), the number 86 in total exports, the number 81 in total imports, and the number 85 most complex economy according to the Economic Complexity Index (ECI). From January through September 2019, the biggest share of Turkey’s exports to Uzbekistan accounted for chemical products and raw materials for textile products, a source in the Turkish Ministry of Trade told Trend.. 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