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Market Research In Uzbekistan – Global Vox Populi

Market Research In Uzbekistan

Uzbekistan Profile:

  • Uzbekistan, officially also the Republic of Uzbekistan, is a doubly landlocked Central Asian state.
  • Uzbekistan is a major producer and exporter of cotton. The country also operates the largest open-pit gold mine in the world.
  • Uzbekistan has the fourth-largest gold deposits in the world, copper deposits rank tenth in the world and its uranium deposits twelfth.
  • Uzbekistan has become the largest electricity producer in Central Asia, Renewable energy constitutes more than 23% of the country’s energy sector, with hydroelectricity and solar energy having 21.4% and 2% respectively.
  • Uzbekistan is a member of the CIS, OSCE, UN, and the SCO.

Uzbekistan Economy:

  • Uzbek economy is in a gradual transition to the market economy, with foreign trade policy being based on import substitution.
  • The government has largely maintained its Soviet-style command economy with subsidies and tight controls on production, prices, and access to foreign currency.
  • Uzbek agriculture remains largely centered on cotton; Uzbekistan is the world’s fifth-largest cotton exporter and seventh-largest producer.
  • Uzbekistan’s growth has been driven primarily by state-led investments, and export of natural gas, gold, and cotton provides a significant share of foreign exchange earnings.
  • Recently, lower global commodity prices and economic slowdown in neighboring Russia and China have been hurting Uzbekistan’s trade and investment and worsening its problem of foreign currency shortage.

Uzbekistan Facts:

  • Population: 29.8 million
  • Capital: Tashkent
  • Largest city: Tashkent
  • Area: 447,400 sq km
  • Major language: Uzbek (official) 74.3%, Russian 14.2%, Tajik 4.4%, other 7.1%
  • Major religion: Muslim 88% (mostly Sunni), Eastern Orthodox 9%, other 3%
  • Life expectancy: 71 years (Male), 77.3 years (Female)
  • Monetary unit: 1 Sum (UZS) = 100 Tiyin
  • Main exports: Energy products, cotton, gold, mineral fertilizers, ferrous and nonferrous metals, textiles, foodstuffs, machinery, automobiles
  • GNI per Capita: $6,650

Our Market Research Services in Uzbekistan:

We Employ A Wide Range of Research Techniques in Uzbekistan:

How Can We Help You?

Contact us at Global Vox Populi and submit a business inquiry online.

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