A country’s geographic location often plays a decisive role in the development of its economy. Located in the very center of Central Asia, Uzbekistan is landlocked with no direct access to any sea. Such conditions complicate the development of the country's foreign trade relations but also open up other strategic prospects.
Exports are a key aspect of the country's economy. The range of exported goods expands annually and includes petroleum products, food and textile products, and ferrous and non-ferrous metals. According to economic indicators reported by Republic’s President, Shavkat Mirziyoyev, on August 12, 2019, the amount of goods and services exported from Uzbekistan in 2019 increased by 23% compared with the previous year and were worth $17.9 billion. It is worth noting that in 2019 there were 59 products named for the time on the list of exports. Today, Uzbek exports flow to 42 trading partners, with China, Russia, and Kazakhstan as the top destinations.
Also in 2019, Uzbekistan imported 32% more goods than the previous year, the total value of which amounted to $24.3 billion. 44% of the imports were equipment and machinery, with chemical products and related products accounting for 13% and food products 8%. China and Russia were the most common origins of Uzbek imports, with South Korea the third most common.
Uzbekistan uses the seaports of neighbouring countries to access global markets. These seaports therefore serve a strategic purpose when organizing multimodal transport to and from country. Container transit cargo flows are processed through the ports of China, Turkey and Russia, including Novorossiysk, St. Petersburg, and the Russian Far East.
Popular routes to and from Uzbekistan include European countries, North America, Egypt, Tunisia, Morocco, and Pakistan.
The AsstrA corporate group’s representative office in Uzbekistan’s capital of Tashkent focuses on multimodal container shipping. The team prioritizes helping local and international clients implement export-import cargo flows between Uzbekistan and Europe, Asia, and the CIS.
The company's customers receive well-established cargo delivery schemes based on 26-years’ experience successfully handling complex logistics tasks for customers in the metallurgical, automotive, high-tech, and engineering industries, among others.
“Thanks to our on-the-ground presence in Uzbekistan, our clients can work with an international partner via a local point of contact. Being there helps us speed up operational processes and deepen our understanding of how business gets done locally,” says Otabek Buribekov, AsstrA Uzbekistan Branch Manager.