TASHKENT, Uzbekistan, February 23. Uzbekistan’s
Center for Economic Research and Reforms (CERR) has released an
analysis of trade, economic, and investment cooperation between
Uzbekistan and the United States over the past nine years, Trend reports.
According to CERR, bilateral trade turnover between Uzbekistan
and the U.S. increased 4.7-fold from $215 million in 2017 to $1
billion in 2025.
During this period, Uzbekistan’s exports to the United States
grew 9.1 times, reaching $291.7 million, while imports rose 3.9
times to $712.3 million.
The U.S. share in Uzbekistan’s overall foreign trade also
expanded over the period. Its portion of total trade turnover
increased from 0.8% to 1.2%; the share in exports climbed from 0.3%
to 0.9%; and the share in imports grew from 1.3% to 1.5%.
As of February 1, 2026, Uzbekistan hosts 346 enterprises with
American capital participation.
CERR also noted a sharp rise in U.S. investment inflows. Over
the past nine years, the volume of foreign direct investment and
loans from the United States surged nearly 64-fold, from $8.6
million in 2017 to $383.2 million in 2025.
The Center for Economic Research and Reforms (CERR) is a key
Uzbekistani think tank under the Presidential Administration,
established in 1999 and restructured in 2019. It advises the
government on socio-economic reforms, economic monitoring, and
sustainable development, emphasizing poverty reduction and regional
growth. CERR conducts macroeconomic research, supports policy
initiatives such as the "Multidimensional Poverty Index,"
facilitates regional development, and collaborates internationally
to enhance economic practices. Based in Tashkent, it actively
engages in public discourse on economic matters and provides
regular updates on the country's economic outlook.
