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Uzbekistan's textile exports surpass $1bn in 4M24

  • News
  • 05.06.2024
Uzbekistan's textile exports surpass $1bn in 4M24

Reforms aimed at producing finished goods instead of raw cotton have driven a notable increase in textile exports of Uzbekistan. From January to April 2024, textile exports reached to over $1 bn, up 1.4% from the same period in 2023, Statistics agency informed.

Yarn (46.8%) and finished textile products (37.3%) dominated the export structure, with 495 types of products exported to 55 countries.

The adoption of new production technologies and modern equipment, alongside a quality management system, has enhanced labor productivity, allowing Uzbekistan’s finished products to secure a place in global markets.

On the import side, industrial goods reached $1,969.7 mn from January to April 2024, a 7.8% increase compared to the same period in 2023. Key imports included iron and steel ($914.3 mn), metal products ($271.8 mn), and textile materials ($171.5 mn), reflecting a robust industrial demand.

All information taken from: www.daryo.uz