• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00192 -0%
  • TJS/USD = 0.10879 0.28%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 -0.28%
13 December 2025

Uzbekistan’s Foreign Trade Turnover Reaches $59.4 Billion in 2024

From January to November 2024, Uzbekistan’s foreign trade turnover (FTT) reached $59.4 billion, marking an increase of $2.1 billion or 3.6% compared to the same period in 2023, according to the Uzbek Statistical Agency.

The volume of exports rose to $24.2 billion, a 4.4% increase compared to January-November 2023. Imports totaled $35.1 billion, growing by 3.0% over the same period.

Kazakhstan emerged as one of Uzbekistan’s largest economic partners, following China and Russia. Factors contributing to this include a shared border, trade liberalization, and economic collaboration within the CIS free trade zone.

Uzbekistan currently conducts trade with 195 countries, with significant FTT shares attributed to:

  • China: 19.0%
  • Russia: 18.0%
  • Kazakhstan: 6.5%
  • Turkey: 4.4%
  • South Korea: 3.0%

The Commonwealth of Independent States (CIS) countries accounted for 35.4% of Uzbekistan’s FTT during this period, reflecting a 3.0% increase from 2023. The growing economies of Uzbekistan’s trading partners in the CIS suggest a potential for increased demand for Uzbek exports.

However, trade with non-CIS countries saw a decline. Uzbekistan’s trade share with other foreign nations dropped by 3.0% compared to the same period in 2023, comprising 64.6% of the total FTT.

Uzbekistan to Build New Solar Plant with World Bank Support

The World Bank has approved a $3.5 million payment guarantee to support Uzbekistan’s renewable energy development. The guarantee covers the National Electric Grid of Uzbekistan JSC’s obligation to purchase electricity from a 100-megawatt solar power plant to be built and operated by the French company Voltalia in the Khorezm region.

Details of the Solar Plant Project

The solar plant, set to be commissioned in November 2025, will span 177 hectares and generate more than 240 gigawatt-hours of renewable energy annually. It is projected to reduce CO₂ emissions by over 230,000 metric tons each year and produce enough clean energy to power approximately 60,000 households.

This initiative aligns with Uzbekistan’s commitment to increasing clean energy production and advancing its transition to a green economy.

Broader World Bank Support

In addition to this project, the World Bank has allocated $800 million to accelerate Uzbekistan’s transformation into an inclusive and stable market economy. This financing supports reforms to:

  • Improve the business environment.
  • Enhance agriculture, railways, and energy efficiency.
  • Strengthen public finance management.
  • Expand social services.
  • Increase preparedness for environmental risks.

Favorable Financing Terms

The World Bank’s financial support employs highly concessional loans, offering low-cost, long-term repayment options that are more favorable than standard international financial market rates.

Uzbekistan’s collaboration with the World Bank underscores its strategic focus on sustainable development and clean energy to meet environmental and economic goals.

German Firms Urged to Address Human Rights Risks in Uzbek Cotton

German companies, supported by the Federal Ministry for Economic Cooperation and Development and the German textile sector, are increasingly exploring Uzbekistan as a potential market. A report titled Relevant Human Rights Expertise: Risk Assessment for German Companies in the Textile Industry of Uzbekistan evaluates how these firms comply with supply chain laws and fulfill their human rights obligations.

The report underscores ongoing challenges in Uzbekistan’s cotton industry, despite recent reforms. Key issues include risks of forced labor, government interference in cotton production, and poor working conditions. Farmers face coercive contracts, insecure land tenure, and restricted union rights. These problems persist even after Uzbekistan privatized its cotton industry and adopted the ‘cluster’ model, which integrates farming, processing, and manufacturing.

Umida Niyazova, founder of the Uzbekistan Human Rights Forum, highlighted widespread violations, including illegal land seizures and forced production quotas. She emphasized the lack of protections for cotton workers. Additionally, the report warns that some Uzbek cotton may be entering German markets indirectly through suppliers in Turkey and other countries.

The report stresses that effective human rights due diligence is essential for maintaining brand integrity. However, according to author Ben Vanpeperstraete, German companies are failing to adequately address risks associated with Uzbek cotton. Public communications by firms often lack tailored approaches to identifying and mitigating these risks.

Forced labor risks in Uzbekistan’s cotton industry remain significant, the report states, despite ongoing reforms. Corporate disclosures frequently omit recognition of forced labor as a sourcing risk. The report calls on businesses to adopt due diligence practices that address Uzbekistan’s restrictions on unionizing and civil society activities. Companies are urged to map and disclose their supply chains to enhance compliance and traceability.

Trade between Germany and Uzbekistan surpassed €1 billion in 2023, with German investments in Uzbekistan reaching €800 million by early 2024.

How Christmas is Celebrated in Central Asia

In predominantly Islamic countries, celebrating Christian Christmas reflects a spirit of tolerance and peaceful coexistence. On December 25, people of all backgrounds are welcome to join the celebrations.

Catholics and Protestants are minority Christian groups in Central Asia. Catholicism was introduced to the region as early as the 12th century, but Christianity was eradicated during the Timurid era and later revived under the Russian Empire. Today, Catholics and Protestants in the region are largely descendants of German and Polish immigrants, as well as employees of foreign embassies and international companies.

Kazakhstan

In Kazakhstan, unlike Orthodox Christmas on January 7, December 25 is not a public holiday. There are no large-scale national festivities, but many Kazakhstani people extend warm greetings to their Catholic neighbors. According to the 2021 census, Catholics account for 0.57% of the population (about 19,000 people) and Protestants 0.28% (approximately 9,500) within a total Christian population of over three million​.

Despite the small number of adherents, festive services are held in major cities. The Church of the Holy Trinity in Almaty hosts Midnight Mass and other celebrations, and St. Joseph’s Church in Astana also offers services. Both cities organize organ music concerts that attract many non-Catholic attendees. Other cities, including Karaganda, Atyrau, Pavlodar, Petropavlovsk, Kostanai, and Ust-Kamenogorsk, also have Catholic parishes​.

Kazakhstan’s Catholic communities observe traditions that appeal to many, regardless of religion. Christmas fairs, nativity scenes, and festive dishes such as roasted goose, ducks, pies, and Christmas cookies add to the celebrations. Carols and children’s theatrical performances are also a highlight. Christmas services are conducted in Russian, Polish, and English, reflecting the region’s diversity​.

Kyrgyzstan

Catholic communities in Kyrgyzstan are notably multi-ethnic. At the Roman Catholic parish of St. Michael the Archangel in Bishkek, attendees include professionals and students from India, Pakistan, and other nations. According to estimates, the Catholic population in Kyrgyzstan is approximately 1,500, with numbers growing due to newcomers​.

A unique tradition in Kyrgyzstan is the preparation of twelve fasting dishes on Christmas Eve, symbolizing the months of the year and the twelve apostles. This tradition marks the end of the four-week Advent fast and the beginning of the festive mass on the evening of December 24​.

Tajikistan, Turkmenistan, and Uzbekistan

The Catholic community in Tajikistan is small, numbering about 100, mostly foreigners. The two parishes in the country include one in Dushanbe, while missionaries manage a kindergarten at a correctional labor colony in Nurek. In Turkmenistan, the congregation in Ashgabat is also small, with Christmas services conducted in Russian, English, and Turkmen​.

In Uzbekistan, Christmas celebrations are held in Tashkent and Samarkand, with services occasionally conducted in Korean. The Catholic communities in these countries, while small, maintain vibrant celebrations, with Protestants and some Orthodox Christians also participating​.

A Time for Unity and Celebration

In Central Asia, Protestant and Orthodox Christians often join Catholic Christmas celebrations. The festivities on December 25, featuring Santa Claus and other traditions, mark the beginning of winter holidays and are cherished by people of all faiths.

Bishkek Court Upholds Decision to Dismantle Trolleybus Lines

The Bishkek Administrative Court has ruled in favor of a decision by the city’s Mayor’s Office to dismantle trolleybus lines legally. Representatives of the municipality successfully argued the legality of their actions.

The city government plans to completely replace trolleybuses, an environmentally friendly mode of transportation, with buses. To implement this plan, workers have reportedly cut power lines at night, causing widespread transportation disruptions. This move has faced significant backlash from Bishkek residents, who filed a lawsuit and lodged a complaint with the European Bank for Reconstruction and Development (EBRD), which had financed the purchase of new trolleybuses.

This decision follows months of controversy. Previously The Times of Central Asia reported that activists had opposed the dismantling of trolleybus lines, labeling the actions as illegal. A month ago, the same court had deemed the municipality’s actions unlawful after city officials failed to appear in court or provide necessary documentation.

Municipal authorities argue that trolleybus operations are financially unsustainable and require substantial investment to maintain the infrastructure. “The city hall continues to work on improving urban space, modernizing public transport, and enhancing infrastructure to make the city safer, more comfortable, and attractive for residents and guests of the capital,” the municipality said.

However, activist Bermet Borubayeva and other advocates for the preservation of trolleybuses expressed disappointment with the court’s decision. In an interview with The Times of Central Asia, Borubayeva criticized the ruling, noting that the mayor’s office had only substantiated the dismantling of lines on a few streets, not across the entire city.

“Residents demand transparency and legality in the actions of the authorities and will continue to fight for the preservation of trolleybuses. Despite the wrongful actions of city officials, the judge recognizes them as legal. This ignores the interests of the plaintiffs,” Borubayeva said.

Human rights groups have vowed to challenge the court’s decision. A new trial concerning Bishkek’s trolleybuses is scheduled for January 13.

Opinion: What Will a New Trump Presidency Mean for Central Asia?

During his first presidency, Donald Trump introduced a foreign policy approach that recalibrated U.S. engagement with Central Asia, a region strategically critical yet overshadowed by the influence of China and Russia. Trump’s policies, targeting the collective challenge of CRINK (China, Russia, Iran, and North Korea), aimed to foster regional autonomy and counter external dependency. This policy shift, aimed at countering the global influence of CRINK has extended to the vital region of Central Asia. Further, it is geographically wedged between Russia and China and serves as a critical bridge for U.S. interests.

The CRINK nations, in their regional strategies, have made substantial inroads in Central Asia. Additionally, each nation is pursuing influence through economic, political, or military avenues. China’s Belt and Road Initiative (BRI) and Russia’s Eurasian Economic Union, for instance, have been noted as major forces reshaping Central Asian economies as well as infrastructure. In 2013, the BRI of China was launched, which has channeled billions into roads, railways, and other infrastructure projects in Central Asia, seeking to create new trade routes connecting Asia to Europe. On the other side, Russia has promoted its Eurasian Economic Union as a trading bloc that has aimed at fostering economic integration among Central Asia and neighboring countries. These initiatives have provided economic incentives for Central Asia but also intensified its reliance on external powers, particularly China and Russia​.

During his presidency, Trump emphasized a CRINK-focused strategy, which prioritized Central Asia’s sovereignty and reduced dependency on China and Russia. This strategy laid the groundwork for U.S. engagement in the region, influencing current policy directions. In 2020, Trump’s administration unveiled a comprehensive strategy for Central Asia, marking the first such effort in over two decades. The policy emphasized U.S. support for border security and defense collaboration, including financial aid to Tajikistan and military training for Kazakhstan and Uzbekistan. These measures, though initiated under Trump, continue to shape current U.S. approaches to combating terrorism and fostering regional stability. For example, the U.S. has established the C5+1 initiative as a dialogue platform between the United States and the five Central Asian nations (Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan, and Tajikistan). It was developed further to promote mutual goals in regional security, economic development, and environmental resilience​.

Security cooperation is a vital aspect of this U.S. strategy which has given the threats of terrorism and also potential instability at CRINK’s peripheries (Sciutto, 2024). In particular, Afghanistan’s proximity to Central Asia poses both risks as well as opportunities for these nations. The U.S. has provided financial support to Tajikistan to strengthen border security and counter drug trafficking. Furthermore, while also assisting Kazakhstan and Uzbekistan with training and equipment to improve their defense capabilities the US has financially supported the nation. This military cooperation has aimed to prevent the encroachment of extremist groups like ISIS, which could exploit regional instability and threaten U.S. interests​.

Trump’s presidency emphasized private sector investments as an alternative to China’s Belt and Road Initiative. Although modest compared to China’s commitments, these investments reflected an effort to position the U.S. as a partner prioritizing balanced economic development and governance reforms. Current initiatives in the region continue to echo this strategy. However, U.S. investments in the region remain modest compared to the significant financial commitments of China under the BRI. American involvement has also faced the challenge of navigating restrictions of Central Asian governments on foreign investments, as well as competing with the largely unconditional support offered by China. Despite these challenges, the Trump administration has positioned American investments as a path to balanced economic development that upholds human rights and governance reforms​. Advocacy for political and social reforms was a cornerstone of Trump’s strategy, particularly in supporting governance modernization efforts in Uzbekistan and Kazakhstan. This legacy persists, as the U.S. continues to encourage regional cooperation and stability through similar initiatives. It has aimed to modernize governance structures and reduce corruption in such nations. Uzbekistan’s outreach to neighboring Tajikistan and Kyrgyzstan has also been positively received by the U.S. which has fostered regional cooperation and stability in these regions.

In summary, Trump’s presidency established a CRINK-focused strategy that intertwined security, economic, and diplomatic initiatives to bolster Central Asia’s autonomy. While the current administration’s policy remains undefined, its initial steps suggest a continuity rooted in these earlier efforts, positioning the U.S. as a counterweight to CRINK’s influence. Although the U.S. does not match China’s or Russia’s investments in the region, it presents itself as an alternative partner committed to regional sovereignty and stability.