Uzbekistan: The drop in exports of fruits and vegetables in the first quarter is observed for the second year in a row

Published 2021년 4월 28일

Tridge summary

Uzbekistan's fruit and vegetable exports have seen a 25% decline in the first quarter of the year, according to official data, with revenue dropping to $133.8 million. Economist Andrey Yarmak attributes this decline to issues with quality understanding, heavy reliance on the Russian market, climate change, and infrastructure challenges. He also emphasizes the need for Uzbekistan to identify global market trends and improve storage and processing infrastructure. The export data is considered optimistic by experts, as it fails to account for a significant portion of the export, which consists of mung beans and other dried legumes, which are not considered part of the fruit and vegetable product category.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EastFruit analysts draw attention to the protracted crisis in the export of fruits and vegetables from Uzbekistan, which is confirmed even by the official data of the State Statistics Committee of the country. The recently published report on Uzbekistan's foreign trade turnover for January-March 2021 shows that revenue from exports of fruits and vegetables in the first quarter of 2021 decreased to $ 133.8 million. Thus, the decline in exports in the first quarter of the calendar year over the last two years has already reached 25% or $ 45 million! Why is the export of fruit and vegetable products from Uzbekistan declining and why is the data of the first quarter of the calendar year very important for analysis? According to Andrey Yarmak, economist at the Investment Department of the Food and Agriculture Organization of the United Nations (FAO), there are many reasons for the gradual decline in the export of Uzbek fruits and vegetables. “I believe that the key reason for the ...

Source: Eastfruit