Export of textiles crossed the billion-dollar milestone
Tashkent, Uzbekistan (UzDaily.com) -- According to the results of 7 months of this year, the export of textile and garment and knitwear of Uzbekistan reached US$1 billion. This was reported by the press service of the Uztekstilprom Association.
It is worth noting that at the beginning of 2020, realizing the export of textiles worth US$2 billion seemed an impossible task. Due to the strengthening of quarantine measures in Uzbekistan and abroad, a sharp rise and restriction of transportation prices, the closure of large retailers and shopping centers in China, Turkey, Russia and Europe, which are our main sales markets, led to partial or complete cancellations of orders.
As a result of measures taken by the state to support entrepreneurs in a timely manner, the activities of 252 exporting enterprises were restored, assistance was provided in increasing production and export of products.
For 7 months 2020, the Uztekstilprom Association and the industry’s enterprises ensured the export growth rate (compared to 2019, it reached 112%). The share of yarn in total exports is 49%. The share of value-added and high-value-added products (fabrics and knitwear, ready-made garments) in total exports reached 51%.
Although the pandemic had negative consequences, it also created new opportunities for the development of the industry: the opening of alternative transport corridors led to the establishment of supplies to new markets, the development of innovative products.
For example, together with the Ministry of Transport of the Republic of Uzbekistan, an alternative route has been developed for the transportation of goods through the Islamic Republic of Iran (Uzbekistan (Karakalpakstan) - Kazakhstan, the port of Aktau - Caspian Sea - Iran and Uzbekistan (Karakalpakstan) - Routes Kazakhstan-Russia-Georgia-Armenia / Azerbaijan- Iran). The widespread use of air transportation for export has begun.
In June 2020, with the support of the Embassy of the Republic of Uzbekistan in Kuwait, on the basis of an agreement between Fursan Al Khaleej (Kuwait) and LLC Engilsanoatsavdo (Uzbekistan), the export of textile products to Kuwait was carried out for the first time.
In addition, the enterprises of the industry have established the production of 6 million pieces of masks and 10 thousand pieces of protective overalls per day. Protective equipment was exported to countries such as Ukraine, Russia, Kuwait, Belarus and Georgia.
A total of 395 items of textiles and clothing were exported to more than 57 countries around the world. In addition to the CIS countries, which are traditional consumers of Uzbek textiles, exports were also made to Hungary, Slovakia and Greece.
The bulk of exports fell on such countries as the Russian Federation (US$394 million - the share in total exports - 39%), China (US$188 million - 18%), Kyrgyzstan (US$139 million - 13%) and Turkey (US$123 million - 12%).