On this page you will find beneficial information regarding foreign direct investment in / trading with Uzbekistan. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Republic under Authoritarian Presidential Rule
Population: 34.92 million (2021)
GDP: 69.24 billion USD (2021)
Corporate Tax Rate: 7.5% - 20%
Personal Income Tax Rate: 12% - 29%
Major Exports: Gold ($4.53B), Non-Retail Pure Cotton Yarn ($1.61B), Refined Copper ($741M), Petroleum Gas ($722M), and Radioactive Chemicals ($407M), exporting mostly to Switzerland ($2.4B), China ($1.94B), United Kingdom ($1.88B), Russia ($1.71B), and Turkey ($1.68B).
Major Imports: Packaged Medicaments ($1.04B), Motor vehicles; parts and accessories (8701 to 8705) ($1.01B), Cars ($656M), Refined Petroleum ($608M), and Wheat ($535M), importing mostly from China ($5.63B), Russia ($5.12B), Kazakhstan ($2.47B), South Korea ($1.92B), and Turkey ($1.87B).
Investment Agency: Investment Promotion Agency
National Chamber of Commerce: Chamber of Commerce and Industry of Uzbekistan
Customs Agency: State Customs Committee of the Republic of Uzbekistan