# Uzbekistan resumes gold exports after six-month pause, report says
*Event date: 2026-08-29*
Uzbekistan has resumed gold exports after a six-month hiatus, according to a report from Zamin based on National Statistics Agency data. The report says the country exported $1.5 billion worth of non-monetary gold in the first four months of the year, with most of the activity apparently occurring in April.
The figures suggest a sharp return to the international market after a prolonged pause. The report does not explain why exports were suspended or why they restarted, but it indicates that Uzbekistan moved back into sales at a moment when precious-metals markets were attractive.
Gold matters enormously to Uzbekistan’s economy. The country is among the world’s important producers, with output cited in the report at nearly 130 tons a year. That makes the metal a strategic resource, not just a commodity, because it affects export earnings, budget stability and foreign exchange reserves.
The data point reported by Zamin is striking because it captures both the scale and timing of the rebound. If most of the $1.5 billion in exports occurred in April, then the turnaround was concentrated rather than gradual. That would imply a deliberate policy shift or a market opportunity that the government chose to exploit quickly.
The report also places the move in the context of careful market monitoring. It says Uzbekistan resumed sales at an “opportune time,” implying officials were watching international prices before reopening the export channel. The story does not provide the exact export destinations or detail whether the shipments were central-bank sales, refinery output or state-managed deliveries.
Because the evidence is limited to a single source, the safest interpretation is straightforward: Uzbekistan appears to have restarted gold exports and generated significant revenue during the first part of the year. The source does not support stronger claims about policy motives, buyers or the durability of the recovery.
Still, the numbers matter. In a country where gold is one of the economy’s pillars, even a temporary pause and restart can influence trade balances and foreign-currency inflows. A $1.5 billion haul over four months is large enough to attract attention from markets and policymakers alike.
Whether the export pace continues will depend on both global prices and domestic supply decisions. For now, the report suggests that Uzbekistan has re-entered the gold market with substantial volume after sitting out for six months, underscoring how central the metal remains to its economic strategy.



