Market services volume in Uzbekistan reached 908.6 trillion soms from January to August 2026

According to data from the National Statistical Committee of Uzbekistan, retail revenue in Uzbekistan for January-August 2026 reached 370.6 trillion soms, representing a real growth of 18.8% compared to the same period last year.

Concurrently, wholesale revenue increased by 16.9%, amounting to 447.7 trillion soms, while the turnover of public catering enterprises grew by 26.7%, reaching 208.7 trillion soms.

Small businesses accounted for 296.7 trillion soms, or 80.1% of total retail revenue, demonstrating an increase in their turnover by 18.5%. Large enterprises recorded revenue of 73.8 trillion soms, which is 20% more, with their share rising to 19.9% from 19.7% a year earlier.

The fastest growth in retail trade was noted in the Andijan region (24.4%), followed by the Syrdarya region (23.1%) and the Khorezm region (22.4%). The smallest increase was recorded in the Karakalpakstan Republic (9.6%), Navoi region (14.2%), and Fergana region (15.6%).

In Tashkent, retail revenue increased by 19.2%, and in the Tashkent region by 20.1%.

As of September 1, 2026, there were 92,434 commercial enterprises operating in retail trade. Of these, 428 were large enterprises, and 92,006 were small enterprises and microfirms.

In wholesale trade, large enterprises increased their turnover by 36%, reaching 128.4 trillion soms. Small businesses increased their turnover by 10.6%, receiving 319.3 trillion soms, which accounts for 71.3% of the total wholesale revenue.

The most significant growth in wholesale revenue was observed in Tashkent (20.7%), followed by the Andijan region (15.9%) and the Surkhand region (15.5%). The lowest growth rates were recorded in the Fergana region (6.7%), Namangan region (8.1%), and Tashkent region (10.4%).

A total of 58,261 enterprises operated in wholesale trade, including 427 large enterprises and 57,834 small enterprises and microfirms.

In the public catering sector, small businesses accounted for 78.1% of the turnover, while large enterprises contributed 21.9%. As of September 1, 30,390 enterprises were registered in this sector, of which 148 were large enterprises and 30,242 were small enterprises and microfirms.

It is important to note that the data presented for January-August 2026 are preliminary and were calculated taking into account statistical estimates of the informal and unobserved economy.

According to data from the National Statistical Committee of Uzbekistan, industrial production in Uzbekistan reached 926.5 trillion soums from January to August 2026, demonstrating an 8% growth compared to the same period last year.

Manufacturing accounted for the largest share of total industrial output, providing 805.7 trillion soums, or 87% of the total amount. Production in this sector increased by 9.1%.

The electricity, gas, steam, and air conditioning production sector amounted to 58.2 trillion soums (6.3% of the total volume), showing an increase of 11.8%. Mineral extraction and quarrying contributed 57.8 trillion soums (6.2%), although production in this sector decreased by 2.4%. Water supply, sewerage, waste collection, and disposal provided 4.8 trillion soums (0.5%), with output growing by 10.2%.

Within the manufacturing sector, the food industry, beverages, and tobacco accounted for 20.1% of output, while textiles, clothing, and leather goods occupied 11.9%. Chemical products, rubber, and plastics provided 6.3%.

Metal products, electronics, mechanical engineering, automobiles, other transport equipment, as well as machine repair and installation collectively accounted for 15.2%. However, hydrocarbon extraction decreased: natural gas output fell by 16.3% to 24.2 billion cubic meters (from 28.9 billion last year), and condensate production decreased by 14.8% to 648.3 thousand tons. Oil production fell by 2.2% to 425 thousand tons, and coal mining decreased by 10.2% to 4.4 million tons.

Concurrently, gasoline production increased by 4.6% to 811.3 thousand tons, and diesel fuel output grew by 6.1% to 834.3 thousand tons. Portland cement production increased by 2.2% to 14.1 million tons.

Electricity generation increased by 7.3% to 60.5 billion kWh. Large enterprises produced 40.4 billion kWh, which was 2% less than the previous year. Small enterprises whose main activity is electricity production increased output by 32.4% to 20.2 billion kWh. Heat generation by large enterprises decreased by 19.1% to 10.9 million Gcal.

Passenger car production increased by 9.2% to 310.4 thousand units. Cobalt showed the largest production volume with 107.1 thousand cars, an 8.2% increase. Among brands, BYD demonstrated the fastest growth, increasing output by 84.5% from 12.9 thousand to 23.9 thousand cars. Onix production grew by 16.1% to 23.5 thousand units, KIA increased production by 12.9% to 19.4 thousand, and Haval by 17.4% to 6.2 thousand.

Meanwhile, Damas production decreased by 4.9% to 55 thousand cars, and Tracker output decreased by 0.5% to 29.8 thousand, while Chery production decreased by 2.7% to 5.8 thousand. An additional 1.5 thousand Chevrolet Damas Move cars were produced. Truck production increased by 42% to 3.9 thousand units, and automotive engine production grew by 6.9% to 160.7 thousand units.

In the textile sector, cotton fiber production increased by 50.9% to 543.7 thousand tons. Cotton fabric output grew by 18.2% to 74.7 million square meters, knitted fabric production increased by 5.2% to 56.6 thousand tons, and knitted underwear production grew by 43.4% to 96 million units. However, knitted outerwear production decreased by 9.5% to 35.1 million units. Additionally, Uzbekistan produced 972.3 thousand tons of wheat flour.

By region, the largest volumes of industrial output were recorded in Navoi region (205.7 trillion soums), Tashkent (158.4 trillion soums), and Tashkent region (147.7 trillion soums). The highest growth rates were shown by Jizzakh region (13.2%), followed by Samarkand region (9.4%) and Andijan region (9.1%). The lowest growth rates, at 7.2%, were noted in both Navoi region and Karakalpakstan Republic.

The average industrial output per capita across the country was 24.1 million soums, higher than 17.5 million soums the previous year. This indicator grew by 106.1%, corresponding to an increase of 6.1% in comparable prices.

Industrial output per capita exceeded the national average in Navoi region (184.4 million soums), Tashkent (49.6 million soums), and Tashkent region (46.5 million soums). Growth in production per capita above the national level was recorded in Jizzakh region (11.1%), Samarkand region (7.4%), and Andijan region (7.3%).

As of September 1, 2026, there were 65.3 thousand industrial enterprises in Uzbekistan. The largest group consisted of food producers with 13.2 thousand enterprises (20.2%), followed by producers of other non-metallic mineral products—9.2 thousand enterprises (14%), and clothing producers—6.7 thousand enterprises (10.3%).

Additionally, 5.4 thousand enterprises were engaged in finished metal product manufacturing, 4.5 thousand in furniture making, 4 thousand in textile production, and 3 thousand in rubber and plastic product manufacturing.

According to data from the National Statistical Committee of the Republic of Uzbekistan, industrial production in Uzbekistan increased by 8% from January to August 2026 compared to the same period last year, reaching a volume of 926.5 trillion soums.

Over eight months, consumer sector inflation was 3.4%, while foreign trade turnover grew by 7.6%, reaching 57.4 billion US dollars.

Structure of Industrial Production

Production in the manufacturing industry accounted for 87% of the total industrial output. This sector saw a growth of 9.1%, and the production of electricity, gas, steam, and air conditioning increased by 11.8%. Growth was also noted in water supply, sewerage, waste collection, and disposal by 10.2%.

Within the manufacturing industry, the production of other transport equipment increased 1.4 times, and the output of leather goods, other finished goods, and basic pharmaceutical products increased 1.3 times. However, tobacco production decreased to 88.9% of the previous year's level, and the repair and installation of machinery and equipment decreased to 78.9%.

Price Dynamics and Retail Trade

The average annual increase in food prices was 1.9%, while prices for non-food items rose by 4.3%, and services by 4.7%. Housing and communal services and payments, food and non-alcoholic beverages, and transport contributed the most to price increases, accounting for 2.33 percentage points or 68.3% of the total index increase.

The most significant price increase since December 2025 was recorded in insurance and financial services, where the indicator reached 143.7% of the December level. The smallest increase was shown by educational services, which grew to 100.6%.

The volume of retail trade increased by 18.8%, reaching 370.6 trillion soums. Small businesses accounted for 69.8% of retail sales, large enterprises for 19.9%, and informal trade for 10.3%.

Trade and Market Services

The volume of market services grew by 17%, amounting to 908.6 trillion soums. The main driver of growth was trade services, which increased by 16.5%, financial services by 22.5%, accommodation and catering services by 14.4%, transport services by 15.9%, and communication and information technology services by 21.2%.

Construction works increased by 11.8%, reaching 259.4 trillion soums. Small enterprises and microfirms accounted for the largest share in construction (54.8%), followed by large organizations (25.7%) and the informal sector (19.5%).

Enterprises and Investments

As of September 1, 2026, there were 613,500 enterprises and organizations operating in Uzbekistan, excluding farms and dehqan farms. Of these, 451,900 were small enterprises and microfirms. The highest number of enterprises is registered in Tashkent (116,818), followed by Tashkent region (58,299) and Samarkand region (56,529).

During the first eight months of 2026, 60,500 new enterprises were created. The number of enterprises with foreign capital reached 21,490, including 4,758 joint ventures and 16,732 foreign-owned enterprises.

Exports and Imports

From January to August, exports decreased by 3.4%, amounting to 22.9 billion US dollars, while imports increased by 16.3%, reaching 34.5 billion US dollars. Goods accounted for 62.6% of exports, with industrial goods making up 14.1%. Machinery and transport equipment constituted the largest share of imports (32.6%), followed by industrial goods (13.9%) and chemical products (12.1%).