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Economy 30/06/2025 Uzbekistan’s gold exports reach US$6.49 billion over five months

Uzbekistan’s gold exports reach US$6.49 billion over five months

Tashkent, Uzbekistan (UzDaily.com) — From January through May 2025, Uzbekistan’s gold exports amounted to US$6.49 billion, according to the latest data from the National Statistics Committee. This represents a 54.8 percent increase compared to the same period last year, when gold exports totaled US$4.19 billion over five months.

Gold shipments abroad began in February of this year—there were no exports in January—but thereafter monthly figures remained robust. In February, exports reached US$1.73 billion; in March, US$1.84 billion; in April, US$1.91 billion; and in May, just over US$1.01 billion.

Consequently, the share of gold in Uzbekistan’s total exports rose from 37.1 percent to 43.8 percent, underscoring the pivotal role this commodity plays in the country’s foreign trade structure.

The expansion of gold exports has also bolstered Uzbekistan’s international reserves. As of the end of May, reserves climbed to a record US$49.66 billion—the highest level since data collection began in 2013. This marks the fifth consecutive month of reserve growth, with the total volume increasing by US$8.48 billion since the start of the year.

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