Petroleum Products Export of Uzbekistan in 2024: A Brief Overview of the Top Trade Partners and Latest Shipments

Uzbekistan has recorded itself as a leading role player in the global petroleum product industry. The country being located in Central Asia with its rich reserves of oil and natural gas has been playing a significant role in the entire region’s economic growth. Uzbekistan Import Data says, the continuous efforts of the government authorities towards modernization and development of the oil refineries; the upgradation of existing facilities, and the strategies for building new ones have been aiming to increase the refining capacity from 9 million tons per year to around 13 million tons. Crude oil, natural gas, refined petroleum, and some other petrochemicals are traded in a wide amount by the management authorities of Uzbekistan.

The growth rate and the global demand for petroleum products from the management authorities of Uzbekistan have indulged the country in exporting petroleum essentials worth 2.87 billion U.S. dollars in 2024. Import Globals Uzbekistan trade data gives detailed insights into the latest shipments of petroleum products from the management authorities to the top importers worldwide, highlighting the potential marketing regions for business holders who are actively looking to expand their services worldwide.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF PETROLEUM PRODUCTS FROM UZBEKISTAN IN 2024

The Transition Export Support Mechanism, initiated by the Government Authorities of Afghanistan to comply with the WTO standards, has been a role player in stipulating the cessation of compensation for expenses related to the delivery of goods abroad by air and rail transport. The enhancing export infrastructure and support to counter the export activities by a positive trade rate via reorganization of the Export Promotion Agency into a trade development company aligned with WTO requirements is also fueling up the overall supply.

The Energy Sector Reforms and Investments Implementing Energy Subsidy Reforms for Improvement of the Efficiency of Energy Resource Use and Reduction of Greenhouse Gas Emissions has recorded a hike in the production and delivery costs while aligning with the international pricing strategy. The Strategic Import Agreements to boost the refining capacity with an import of over 1 million tonnes of oil and petroleum products have increased the productivity of oil refineries, enhancing the production of high-quality fuels and lubricants.

THE LEADING VARIANTS OF PETROLEUM PRODUCTS EXPORTED FROM UZBEKISTAN IN 2024

Petroleum products being a highly demanded commodity in the global population have solidified their role in the economy of Uzbekistan as a top export. According to the Uzbekistan Export Data, the top 10 leading variants of petroleum products exported from the nation in 2024 are,

  1. Gasoline — Export trade value of Gasoline from Uzbekistan in 2024–1.2 billion US dollars
  2. Diesel- Export trade value of Diesel from Uzbekistan in 2024–789 million US dollars
  3. Liquefied Petroleum Gas (LPG)- Export trade value of Liquefied Petroleum Gas (LPG) from Uzbekistan in 2024–654 million US dollars
  4. Jet Fuel- Export trade value of Jet Fuel from Uzbekistan in 2024–478 million US dollars
  5. Naphtha- Export trade value of Naphtha from Uzbekistan in 2024–354 million US dollars
  6. Fuel Oil- Export trade value of Fuel Oil from Uzbekistan in 2024–265 million US dollars
  7. Bitumen- Export trade value of Bitumen from Uzbekistan in 2024–187 million US dollars
  8. Lubricants — Export trade value of Lubricants from Uzbekistan in 2024–142 million US dollars
  9. Petroleum Coke- Export trade value of Petroleum Coke from Uzbekistan in 2024–122 million US dollars
  10. Liquefied Natural Gas (LNG)- Export trade value of Liquefied Natural Gas (LNG) from Uzbekistan in 2024–87 million US dollars

THE TOP 10 EXPORTS TRADE PARTNERS OF UZBEKISTAN FOR PETROLEUM PRODUCTS IN 2024

Uzbekistan has maintained a stable trade relationship with the region, having affordable planning strategies for foreign petroleum services. According to the Uzbekistan Customs Data, the top 10 export trade partners the country has chosen for exporting its petroleum products in 2024 are,

  1. China — The annual export trade value of petroleum products from Uzbekistan to China in 2024–976 million US dollars

Top 5 variants of petroleum products exported

1. Grease

2. Cutting oils

3. Ethanol-blended fuel

4. Oxygenated diesel additives

5. Fuel dyes

2. Kazakhstan- The annual export trade value of petroleum products from Uzbekistan to Kazakhstan in 2024–765 million US dollars

Top 5 variants of petroleum products exported

1. Blending components for biodiesel

2. Renewable gasoline

3. Biojet fuels

4. Insulating oils

5. Marine lubricants

3. Russia- The annual export trade value of petroleum products from Uzbekistan to Russia in 2024–654 million US dollars

Top 5 variants of petroleum products exported

1. Naphthalenes

2. Paraffin

3. Waxes

4. Cracking feedstocks

5. Hydrogenated hydrocarbons

4. Kyrgyzstan- The annual export trade value of petroleum products from Uzbekistan to Kyrgyzstan in 2024–476 million US dollars

Top 5 variants of petroleum products exported

1. Butylene

2. Chemical solvents

3. Diluents

4. Fuel additives

5. Aromatics

5. Bangladesh- The annual export trade value of petroleum products from Uzbekistan to Bangladesh in 2024–342 million US dollars

Top 5 variants of petroleum products exported

1. Benzene

2. Toluene

3. Xylene

4. Ethylene

5. Propylene

  1. India- The annual export trade value of petroleum products from Uzbekistan to India in 2024–264 million US dollars

Top 5 variants of petroleum products exported

1. Isomerate

2. Alkylate

3. Aromatic extracts

4. Asphalt

5. Benzene

7. Afghanistan- The annual export trade value of petroleum products from Uzbekistan to Afghanistan in 2024–187 million US dollars

Top 5 variants of petroleum products exported

1. Ethanol

2. Methanol

3. Gasoline blending components

4. Reformate

5. Isomerate

8. Kyrgyzstan- The annual export trade value of petroleum products from Uzbekistan to Kyrgyzstan in 2024–165 million US dollars

Top 5 variants of petroleum products exported

1. Bitumen

2. Crude oil

3. Natural gas liquids

4. Petroleum coke

5. Butadiene

9. Tajikistan- The annual export trade value of petroleum products from Uzbekistan to Tajikistan in 2024–124 million US dollars

Top 5 variants of petroleum products exported

1. Butane

2. Aviation fuel

3. Naphtha

4. Lubricating oils

5. Motor oils

10. Ukraine- The annual export trade value of petroleum products from Uzbekistan to Ukraine in 2024–89 million US dollars

Top 5 variants of petroleum products exported

1. Gasoline

2. Diesel

3. Kerosene

4. Jet Fuel

5. Propane

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