UZBEKISTAN’S INTEGRATION INTO GLOBAL VALUE CHAINS AMID ECONOMIC TRANSITION
Keywords:
Global value chains (GVCs), logistics performance index (LPI), industrial goods, foreign direct investment (FDI), service trade reformsAbstract
Uzbekistan’s ambitious economic reforms have coincided with a renewed drive to plug the country into global value chains (GVCs). A double‑landlocked geography, state dominance in key sectors and heavy reliance on raw materials have historically limited the country’s participation in cross‑border production networks. This article analyses Uzbekistan’s current position in GVCs, using real data on trade composition, foreign direct investment (FDI), transport infrastructure, and digital connectivity. It evaluates recent improvements, such as a dramatic rise in the Logistics Performance Index (LPI) ranking, and quantifies the potential gains from deeper manufacturing integration. The discussion contrasts Uzbekistan’s performance with global and regional benchmarks, highlights policy reforms aimed at enhancing GVC participation, and provides recommendations to ensure that economic transition translates into higher value‑added exports and sustained growth.
References
1. Asian Development Bank. Unlocking Central Asia’s economic potential by integrating into global value chains.
2. World Bank. Country Climate and Development Report: Uzbekistan (2023).
3. Asian Transport Observatory. Transport sector sustainability assessment: Uzbekistan – Working Paper.
4. World Bank. Gaurav Nayyar, Elwyn Davies, and Henry Aviomoh. The promise of services‑led growth in Uzbekistan.
5. United States Department of State. 2024 Investment Climate Statement – Uzbekistan.
6. World Bank. New World Bank Study Contributes to the Development of Uzbekistan’s Strategy for Foreign Direct Investment.
7. UzDaily. “Uzbekistan’s foreign trade turnover reached US$65.9 billion in 2024.” UzDaily.com, 20 January 2025.
Published
Issue
Section
License
Copyright (c) 2025 Abdurahmon Subkhonov

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
All Rights Reserved.
 
						 
							