Uzbekistan aims to boost its textile exports to $4 billion by 2025.

On December 12, President Shavkat Mirziyoyev held a meeting to discuss measures aimed at further enhancing the effectiveness of reforms in the textile and leather industries, as reported by the press service of the President of Uzbekistan.

2024-12-13 09:44:49https://aktualno.uz/ru/a/14494-v-uzbekistane-v-2025-godu-planiruyut-dovesti-eksport-tekstilya-do-4-mlrd-dollarov

It was noted that these industries play a crucial role in providing employment and increasing exports. They employ 430 thousand people. The share of the light industry in the overall production volume accounts for 14 percent, while in exports, it stands at 16 percent.

However, in the current challenging times, the situation in external markets is changing rapidly. This has led to a decline in export prices: for yarn by 9 percent, for fabrics by 15 percent, and for finished products by 13 percent. Furthermore, there is a decrease in demand for finished products in the main export sectors.

During the meeting, measures were discussed to adapt to these conditions and fully mobilize internal resources.

From January to November, textile exports amounted to 2.6 billion dollars. It was emphasized that the existing capacities of the industry allow for a significant increase in this indicator.

In light of the declining prices for cotton fiber on the global market, it is essential to enhance the deep processing of fiber and yarn. Additional support measures for enterprises involved in fabric production and dyeing have been planned. Authorities have been tasked with raising the yarn processing level to 70 percent.

Moreover, the abolition of the 10 percent export duty on sheep and goat skins this year has enabled the conclusion of export contracts worth 3 million dollars. It has been instructed to continue this practice next year to boost export volumes.

Reports from responsible officials on measures to ensure leather enterprises have the necessary raw materials and future plans were heard. It was noted that there is a severe shortage of mid-level personnel in the leather industry, including cutters, seamstresses, and craftsmen. Currently, only 167 specialists are graduated annually in this field. In light of this, it was proposed to implement a dual education system, linking leading enterprises in Andijan, Namangan, Fergana, Samarkand, and Tashkent regions with local technical schools.

Plans for the upcoming year were announced during the meeting. In particular, it is planned to attract over 2 billion dollars in foreign investments to the light industry, implement 82 major projects, and create 25 thousand new jobs. The goal is to increase textile exports to 4 billion dollars and leather product exports to 250 million dollars.