Macroeconomic indicators
Information on the analysis of the foreign market situation and its impact on the republic's foreign trade indicators
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The main indicators of the socio-economic development of the Republic of Uzbekistan in January-June 2024
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Exchange rate
In the world market, in January of this year, compared to the corresponding period of the previous year, the dollar index increased by +1.15%, the ruble rate against the dollar decreased by +28.9%, and the Uzbek soum depreciated by +10.34% against the dollar.
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Metals and minerals
Gold (+7.1%), rolled steel (+36.9%), and iron ore (+9.5%) prices showed an upward trend on world stock exchanges during January, while copper prices (-7.6%) decreased by silver (-2.8%) and zinc (-25.4%), aluminum (-14%). The decrease in the price of copper on world exchanges reduced the export value by 272.5 thousand dollars.
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Energy products
Compared to the corresponding period of the previous year in January, the price of oil (Brent) on world exchanges was -3.3%, the price of gasoline (NY) -13.2%, natural gas NY -21.8% (on the London exchange -8.3% and in the Netherlands - 8.4 percent) and coal (Rotterdam) decreased by -24.5 percent, while the price of uranium (CME) increased by +99.2 percent. The increase in the price of natural uranium on world exchanges increased the export of this commodity by 31.1 million dollars
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Food products
In January, compared to the corresponding period of the previous year, the price of sugar on the food market increased, and the prices of wheat and cotton decreased. In particular, the price of sugar increased by +10.9% on the New York exchange and +14.6% on the London exchange. The price of wheat fell by -24.8% on the London Stock Exchange, by -21% on the New York Stock Exchange, and the price of cotton fell by -1.2%.
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Chemical products
In January, in the same period last year, the price of polyethylene and polyvinyl chloride decreased by -9% and -18.6%, the price of urea decreased by -0.7%, and the price of pilomaterials increased by +7.1% on the New York Stock Exchange. The decrease in the price of urea in the world markets reduced the export of this commodity by 4 million dollars.
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