Economics

Uzbekistan resumed gold exports after a hiatus

In July, Uzbekistan exported $1.3 billion worth of gold, and the total volume of precious metal supplies since the beginning of the year exceeded $2.8 billion.

Uzbekistan has resumed gold exports, shipping $1.3 billion worth of the precious metal in July 2026. According to preliminary data from the National Statistics Committee of Uzbekistan, total gold exports have exceeded $2.8 billion since the beginning of the year, with shipments occurring exclusively in April and July.

The country's total foreign trade turnover for the period January–July 2026 reached $49.5 billion, an 8.1% increase compared to the same period in 2025. Exports decreased by 3.6%, reaching $19.9 billion, while imports increased by 17.8%, reaching $29.6 billion.

Excluding gold, merchandise exports for the seven months amounted to $9.8 billion, an increase of 27.7% compared to January–July of the previous year.

Textiles remain a key export item. From January to July, Uzbekistan exported textile goods worth $1.9 billion. Their share of total exports amounted to 9.5%, and shipments increased by 26.6% year-on-year.

The July shipment was the second large gold shipment exported by Uzbekistan in 2026. Previously, the precious metal was exported in April. The country previously exported gold in September 2025, when shipments totaled approximately $1.5 billion.

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