BAKU, Azerbaijan, July 4. Uzbekistan’s
wholesale commerce turnover reached 209.4 trillion soms ($17.5
billion) within the first 5 months of 2026, marking a 15.4% improve
in comparison with the identical interval final yr.
This was mirrored within the assertion revealed by the Nationwide
Statistics Committee of Uzbekistan.
As of June 1, the variety of enterprises working within the
wholesale sector stood at 55,216, together with 452 giant firms and
54,764 small companies and microfirms.
Massive enterprises accounted for 68.2 trillion soms (about $5.7
billion) in turnover, posting 28.2% development, whereas small companies
generated 141.2 trillion soms (roughly $11.8 billion), up
10.1% year-on-year. Small companies retained a dominant 67.4%
share of the wholesale market.
Regionally, the strongest wholesale commerce development was recorded in
Navoi and Fergana, each at 19.7%, adopted by Kashkadarya at 18.6%
and Tashkent metropolis at 18.4%. The slowest enlargement was seen in
Jizzakh and Namangan, the place development stood at 6.6%.
Evaluation
Uzbekistan’s wholesale commerce information factors to each broad nationwide
development and more and more uneven regional dynamics. Whereas the
nation’s complete wholesale turnover expanded by 15.4% in January-Could
2026, quarterly information exhibits that solely 4 areas — Jizzakh,
Kashkadarya, Fergana, and Khorezm — maintained uninterrupted
month-on-month acceleration within the first quarter.
Amongst them, Jizzakh emerged because the strongest development level, with
wholesale commerce development surging from 110% in January to 125.3% in
February, earlier than leaping to 216.5% in March, in line with the info
revealed by Pattern.This sharp acceleration suggests a fast
enlargement of distribution channels or a serious improve in
business exercise, probably linked to industrial provide flows
or regional infrastructure enhancements.
An analogous sample in Kashkadarya — the place development rose from 114.9%
to 172.2% over the quarter — indicators strengthening commerce networks
in southern Uzbekistan, seemingly supported by vitality, agriculture,
and native manufacturing demand. In the meantime, Fergana and Khorezm
confirmed extra reasonable however constant beneficial properties, reinforcing their function
as lively consumption and manufacturing hubs.
These regional traits matter as a result of they present the place wholesale
exercise is changing into extra concentrated. Whereas Uzbekistan’s
wholesale sector stays dominated by small companies, accounting
for 67.4% of complete turnover, quicker development amongst bigger enterprises
suggests that provide chains are step by step changing into extra organized
and centralized.
This comes as Uzbekistan continues broader financial
transformation. Since 2017, structural reforms aimed toward
liberalization, privatization, and enhancing the enterprise local weather
have helped maintain common GDP development of round 6% yearly,
turning commerce into one of many largest pillars of the financial system.
Wholesale and retail companies now characterize the most important share of
the nation’s greater than 470,000 lively enterprises, reflecting
robust home demand and increasing logistics networks.
“In the long term, this development aligns with Uzbekistan’s 2030
growth technique, which prioritizes job creation, poverty
discount, and deeper integration into world markets. If wholesale
commerce continues increasing at present charges, notably in
high-growth areas, it may strengthen inside market
connectivity and enhance Uzbekistan’s competitiveness forward of its
anticipated accession to the World Commerce Group.” in line with
Pattern’s evaluation.
