TASHKENT, Uzbekistan, April 8. Uzbekistan’s
Namangan region demonstrated steady economic activity in the first
two months of 2025.
As per data obtained by Trend from the Namangan regional administration, the
region’s total trade turnover reached $221.4 million from January
through February 2025. Of this, $90.6 million came from exports and
$130.8 million from imports.
The volume of industrial production in the region amounted to
4.2 trillion soums ($326.2 million). Construction works reached 1.3
trillion soums ($100.9 million), while the turnover of retail trade
totaled 3.3 trillion soums ($256.3 million). The market services
sector showed notable performance, generating 6.8 trillion soums
($528.2 million) in volume.
As of March 1, 2025, a total of 24,654 enterprises and
organizations (excluding farms and household plots) were operating
in the region. Out of these, 20,448 were classified as small
business entities.
Meanwhile, the gross regional product (GRP) of the Namangan
region amounted to 68.9 trillion soums ($5.3 billion) in 2024,
which is 7.6 percent higher year-on-year. The growth rate of GRP
was due to positive growth rates in agriculture, forestry, and
fisheries percent (share in the GRP structure percent); industry
percent (16.7 percent); construction percent (8 percent); and the
service sector percent (45.5 percent). GRP per capita increased by
5.3 percent and amounted to 22.2 million soums ($1,724).