Tajikistan loses revenue from aluminum and cotton exports

According to the Customs Service, Tajikistan's foreign trade turnover in 2019 amounted to more than $ 4.4 billion, which is 5.3% more than in 2018. $ 3.3 billion (74.9%) of this sum falls on imports, $ 1.1 billion (25.1%) - on exports.

At the same time, the Deputy Head of the Customs Service of the Republic of Tajikistan, Azim Tursunzoda, at a press conference noted that an export growth of 4%. However, he expressed concern about the large difference between imports and exports in the structure of the foreign trade turnover of the republic and called the situation "heavy." According to him, over the past year, Tajikistan traded with 116 countries of the world. During this period, Tajikistan exported 81 names of goods to the countries of near and far abroad.

Mineral ores and concentrates (26.6%), aluminum (15.5%), cotton (12.5%), cement (6.1%), cotton yarn (3.6%), fruits and vegetables (1.6%), etc. take prominence in the export structure.

According to the Customs Service, compared with 2018, the export of ore and concentrates decreased by 31.2 thousand tons in the amount of $ 103.2 million. Despite the increase in volumes, Tajikistan lost more than $ 51 million from aluminum and cotton exports.

In 2019, aluminum exports increased by 1 thousand 976 tons, but in monetary terms fell by   $ 26.1 million, cotton exports also increased by 1 thousand 903 tons, but decreased by $ 25.7 million in monetary terms.

“The fall in revenues from the sale of aluminum and cotton is associated with a collapse in prices on world exchanges,” Tursunzoda said.

The main buyers of Tajik goods were Turkey (21% of total exports), Switzerland (20.2%), Kazakhstan (19.6%) and Uzbekistan (15.4%). The main suppliers of imported products were Russia (30.3% of total imports), Kazakhstan (22.2%) and China (18.2%).

14-03-2020 11:32