• Uzbekistan

    Uzbekistan

    DEVELOPMENT CHALLENGES 

    Since acquiring its independence in 1991, Uzbekistan has experienced significant economic growth. Average annual GDP growth was 8.5% between 2006 and 2010. High positive growth was also maintained during the global economic crisis because of the low level of international integration of the financial sector. Uzbekistan has also recently changed status, from “low” to “lower-middle” income country, attaining a GNI per capita of US$1,280 in 2010. Yet the country only has a “medium” Human Development Index (HDI) with a value of 0.641 and is ranked 115th of 187 countries, which stems from several development challenges.

    • Poverty, inequality, and heavy reliance on remittances
    • Skills gap
    • Weak governance and public administration

    KEY TRADE ISSUES 

    • Weak competitiveness and low productive capacity
    • Market concentration and WTO accession
    • Cumbersome regulatory and business environment
    • Limited access to finance
    • Underdeveloped physical and quality infrastructure

    GOVERNMENT PRIORITIES 

    The government priorities, defined in the National Welfare Improvement Strategy 2008-2010 (with monitoring perspectives to 2015), are to:

    • Improve living standards based on robust and inclusive economic growth and through better governance;
    • Form a modern and diversified economy able to compete in world markets;
    • Comprehensively develop the whole country;
    • Ensure a fair distribution of income; and
    • Significantly improve the quality of services in education, health, and other socially significant sectors.

    More detailed information on Uzbekistan can be found here. 

    Trade and Tariff Graphs

    Graphs of the country’s export markets, its export performance in a key sector and tariffs exporters of a sample product face.
    Trademap sample Trademap sample: The map uses color codes to illustrate the relative size of different markets in the overall exports of the country shown in pink.
    Trademap sample Trademap sample: The vertical axis shows import values by key importing countries, while the horizontal axis shows export values by the country for the same sector. I.e. the country has gained market share in the case of an importing country at the bottom right of chart and lost market share for countries top left. The size of circles is proportional to market size.
    Market access map sample Market access map sample: The world map shows trade values and tariff levels for a key export product by importing countries. Color codes indicate protection levels. Red circles denote trade volumes.

    Trade and Investment Data

    Detailed data on the country’s export performance, key imports and foreign investment, grouped by product and service categories (HS and BOP).

    Trade Information Sources

    A listing of country specific print and online publications on trade related topics. Includes information from both ITC and external sources.

    Trade Contacts

    The most important trade contacts, including importers’ and exporters’ associations, trade support institutions, trade promotion organizations and institutions providing business development assistance.