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Uzbekistan plans US$2 bn textile exports in 2019

Uzbekistan government is eyeing garment and textile export growth to US$2 billion a year by 2019 under a new plan. The government is planning to reprocess all-cotton yarn produced in the country domestically by 2025 and hike export of textile items, according to Uzbek Textile Industry Association Chairman Ilhom Haydarov.

Uzbekistan 2019 textile exports target
Figure: Uzbek textile and garment companies that export at least 80% of their products will be provided.

Haydarov has signed a decree titled ‘On measures to further deepen reforms and expand the export potential of the textile and garment knitwear industry’ aimed at boosting production of raw materials and increasing export volumes of garments.

The decree sets the government a three-month deadline in which it must develop and approve a five-year plan for Uzbekistan to reprocess all of its cotton drastically and increase the export volumes of textile products to US$7 billion. Under the plan, Uzbek textile and garment companies that export at least 80% of their products will be provided with state report.

It is also expected to include measures for exhibiting at global trade fairs and outlining garments with the EU, Turkey, China and other countries on simplifying custom payments and customs fees for national textile products.

Traditionally, cotton is Uzbekistan’s most important cash crop but the country has been taking steps recently to develop its textile industry to produce value-added products.

According to citing data from the National Statistical Committee at Uzbekistan, the annual export of textiles reached US$ 1.6 billion in 2018 up by 41.4% on a year earlier.

Regarding cotton, Uzbekistan government is currently working with international stakeholders to steps to eradicate forced labor in its cotton fields.

However, despite setting a roadmap for reform in May, the most recent cotton harvest forced labor continues to be an issue.

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