In 2020, uzbekistan - there will be no extra cotton available for export Textile information - Textile net - Textile integrated services

In recent years, with the continuous increase of textile industry investment, uzbekistan, domestic cotton consumption rapid and sustained growth. The personage inside course of study introduces, at present the uzbekistan is 55% of the cotton in domestic consumption, 2016/17 of the annual consumption of 450000 tons of cotton, 2017/18 will reach 500000 tons, is expected by 2020 domestic consumption of cotton and cotton yield was flat, there will be no extra cotton available for export. In 2016/17, uzbekistan cotton exports to 31. Exports of 50000 tons, of which in Bangladesh for 200000 tons, exports to China for 6. 90000 tons. 2017/18 uzbekistan cotton exports is expected to reduce to 300000 tons. Bangladesh and China is the main purpose of Bangladesh cotton exports, exports accounted for 80%. Textile industry plays an important role in the economy in uzbekistan, textile workers accounts for one-third of uzbekistan industry of choose and employ persons, industrial output 26%. According to the government statistics, at present the country about 500 home textile enterprises. 2015 - In 2019, during the government invest about $1 billion, realize the modernization of the textile industry and diversification, to the total investment of $2. 2 billion in 2022 to increase the domestic textile production. According to statistics, 2016 uzbekistan cotton yarn, textile and garment exports about $1. 1 billion, is expected to reach $1. 3 billion by the end of 2017. Among them, the cotton yarn exports accounted for 50% of total exports of textiles and clothing accounted for 25%, 15% fabric exhibition. Recently, uzbekistan and the European Union signed an agreement to uzbekistan textiles import taxes from 12% to 6%, stimulate the uzbekistan textile exports.