Gold, IT, Cotton: Uzbekistan’s Export Drivers in 2025
- News
- 03.02.2025
This growth is expected to increase export volumes by 9-11%.
According to experts' forecasts, the high prices of gold, silver, copper, and uranium in the international market in 2025 will help boost Uzbekistan’s export revenues by 9-11%. This was announced in the Central Bank’s quarterly report.
Additionally, the continuation of large-scale reforms in the tourism and information technology (IT) sectors in 2025 will contribute to this growth.
While cotton prices slightly declined in 2024, they are expected to rise in 2025 due to reduced supply and sustained high demand. This will have a particularly positive impact on the export of products made from cotton.
According to statistical data, in the first nine months of 2024, Uzbekistan exported goods worth $19.1 billion, which is 4% more than in the previous year.
Earlier, Kursiv Uzbekistan reported that nearly 4 million mobile phones were imported to Uzbekistan in the first 11 months of 2024.
All information taken from www.uz.kursiv.media