Abstract: Uzbekistan is a landlocked, Central Asian country that shares borders with Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. In 2004–2016, Uzbekistan’s economic growth was rapid and lifted significant parts of the population out of poverty. The development of small and medium-size enterprises (SMEs) was the main driver of the job growth, contributing to increased incomes and poverty reduction. Increased exports of copper, gas and gold aided by high commodity prices, generated state budget revenues that financed large increases in investment and salaries to bolster domestic consumption. However, declining global commodity prices in 2013–2016 and the weak economic performance of China and Russia adversely affected Uzbekistan’s exports, as well as state budget revenues and household incomes. Agriculture plays an important role in Uzbekistan’s economy. In 2017, 49 percent of the population, around 16 million people, resided in rural areas and most are employed in agriculture. Agriculture accounts for about 17 percent of Uzbekistan’s GDP and over 30 percent of employment in the country. Agricultural development is, therefore, crucial for ensuring rural livelihoods, jobs, and food security. This report provides an overview of the agricultural trade and trade policies in Uzbekistan with the goal of identifying key areas for further agricultural trade policy reforms. It also identifies several key products and prospective markets for export and assesses their market access potential and requirements.
Publication Year: 2018
Publication Date: 2018-08-16
Language: en
Type: article
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Cited By Count: 2
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