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Uzbekistan

The young and growing population of Uzbekistan lays the foundation for future economic growth and demand.

Since the reforms made starting in 2017, Uzbekistan has taken many significant steps to reduce trade and administrative barriers in international trade. Uzbekistan aims for WTO membership in 2026.

Uzbekistan’s economy is actively seeking new technologies to make it more modern and efficient. Finnish companies are interested in cooperation in many sectors, such as mining, renewable energy, clean technologies, water management, agriculture, and education.

💡 Interested in Finnish expertise?

If you are interested in cooperation with Finnish companies in Uzbekistan or Central Asia, please contact Head of EastCham in Kazakhstan, Altyn Shakirkhanova.
Contacts

Finnish Expertise in Uzbekistan

Trade between Finland and Uzbekistan

2025

  • Exports to Uzbekistan €43.4 million, +5.6%
    • Machinery, transport equipment €13.3 million, -16.9%
    • Chemicals €11.2 million, +14.4%
    • Paper and paperboard €8.2 million, +70.8%
    • Dairy products €5.4 million, +6.4%
  • Imports from Uzbekistan €6.4 million, -59.5%
    • Wire products €5.2 million, +38.9%

 

 

EU and Uzbekistan

In 2025, the EU and Uzbekistan signed the Enhanced Partnership and Cooperation Agreement (EPCA). The EU has previously concluded similar agreements with Kazakhstan and Kyrgyzstan. Uzbekistan is also covered by the EU’s GSP+ tariff preference scheme for low- and lower-middle-income countries, which facilitates Uzbekistan’s access to the EU market.

In 2024, the EU exported goods to Uzbekistan worth nearly four billion euros and imported goods worth 0.8 billion euros. The EU exports machinery and transport equipment, chemicals, manufactured goods, and food to Uzbekistan. The EU imports chemicals, manufactured goods, as well as fuels and lubricants from Uzbekistan.
More infromation by EU →

 

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