The information agency 'BelTA' reported that Uzbekistan has entered the top five countries for exchange trading with Belarus, based on the press service of the Universal Commodity Exchange.
Trading Results in 2026
By the end of the first half of 2026, the republic's companies ranked fourth globally in terms of transaction volume on this exchange. During a specific period, the turnover of Uzbek entrepreneurs exceeded 66 million dollars, which is 21% more compared to January-June 2025.
Increase in Participants
There was also an increase in the number of residents of the republic registered on the exchange: from 201 people in July last year to 281 people in July of this year. This information was announced during a trilateral meeting of representatives of Belarus and Uzbekistan held in Minsk.
Activity of Uzbek Business
According to Roman Yaniv, chief press secretary of the UCTB, Uzbek business shows active interest in the Belarusian commodity market, using exchange trading primarily as a means of procurement. He noted that most transactions with Uzbeks are related to product imports.
Traditionally, high demand is observed for timber, which was supplied to the partner country during the year in the volume of 69% of the total goods. Additionally, agricultural trade is actively developing. The volume of dry milk trade increased by 1.5 times compared to the first half of last year, reaching 17.1 million dollars, and the volume of butter trade grew 15 times, amounting to 1.2 million dollars.
Prospects and Cooperation
There is high potential to expand the list of Uzbek goods sold through the exchange. An important step in this direction was the signing of a contract worth 1.3 million dollars in June, when a major clothing producer sold its products on our exchange for the first time. Furthermore, textile companies have regularly been purchasing cotton and other types of threads produced in Uzbekistan for two years now.
Another area of development for exchange trading is the mutual supply of agricultural products. This process includes the supply of meat products and feed from Belarus, as well as food raw materials and some additional materials from Uzbekistan.
History of the Exchange
The Belarusian Universal Commodity Exchange, established in 2004, began its first trading in June 2005. One of the main functions of this exchange, which is one of the largest in Eastern Europe, is to assist local enterprises in exporting their products and foreign companies in entering the Belarusian market. The institution trades a wide range of goods, including metals, forestry, agriculture, industry, and consumer goods.
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