The textile industry in Uzbekistan is experiencing a significant boost in exports, thanks to reforms aimed at producing finished goods instead of raw materials. According to the latest data from the Statistics agency, textile exports from Uzbekistan reached over $1 billion from January to April 2024, marking a 1.4% increase compared to the same period in 2023.
Yarn and finished textile products were the leading export categories, accounting for 46.8% and 37.3% of the total exports, respectively. A wide range of 495 types of products were exported to 55 countries, showcasing the diversity and competitiveness of Uzbekistan’s textile industry.
The adoption of new production technologies, modern equipment, and a quality management system has significantly enhanced labor productivity in the country. This has allowed Uzbekistan to secure a strong position in global markets, attracting international buyers and investors.
On the import side, industrial goods also saw a notable increase, reaching $1,969.7 million in the first four months of 2024. Key imports included iron and steel, metal products, and textile materials, reflecting a robust industrial demand in the country.
Uzbekistan’s main industrial export partners in the first quarter of 2024 were Russia, China, Kazakhstan, Turkey, and South Korea. These partnerships have played a crucial role in expanding Uzbekistan’s textile exports and accessing new markets.
With continued investments in the textile sector and the implementation of new technologies, Uzbekistan aims to further grow its production capacity. The country plans to produce $15 billion worth of textile products and create 500,000 new jobs in the coming years, establishing itself as a key player in the global textile industry.
