Metals watch
AU$4,634.20/ozAGEUR 1,865.30 / 2,050.60/kgCU$14,291.00/tAL$3,227.00/tNI$16,860.00/tZN$3,980.00/tPB$1,857.00/tSN$55,900.00/tAU$4,634.20/ozAGEUR 1,865.30 / 2,050.60/kgCU$14,291.00/tAL$3,227.00/tNI$16,860.00/tZN$3,980.00/tPB$1,857.00/tSN$55,900.00/t
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Gold Drives Uzbekistan’s Export Surge in Q1 2025, Making Up Nearly Half of Total Shipments

Gold made up 44% of Uzbekistan’s exports in Q1 2025 as global prices soared

Uzbekistan’s National Statistics Committee has released its foreign trade data for the first quarter of 2025, revealing that gold remains the country’s top export commodity. According to the report, gold accounted for 44% of total export value, with shipments totaling $3.65 billion—an increase of 36.8% compared to the same period last year.

The majority of these exports occurred in February and March, a trend driven by rising global demand and soaring gold prices.

Other notable export figures include coal, coke, and briquettes, which tripled to $400,000, and natural gas, which grew to $94.3 million in value. However, exports of oil and oil products dropped by 16.7% year-on-year to $109.5 million.

On the import side, Uzbekistan brought in $48.8 million worth of coal, down 7.1% from a year ago. Oil imports also declined to $443.1 million, marking a 16% decrease. The most significant drop was seen in gas imports, which plummeted 8.5-fold to just $38.5 million during the reporting period.

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