Under the blazing sun in a cloudless blue sky, green foliage droops with unfurling white cotton bolls. In the Fergana Valley in the heart of Central Asia, in the shadow of snow-dusted mountains, the cotton is ripe for picking. If the Uzbek authorities have their way, it will become t-shirts and skirts, to be sold around the world. Uzbekistan, already the world’s seventh-biggest producer of cotton, wants to become a force in the garment industry, too, on a par with the likes of Bangladesh, China and Vietnam.
Output from Uzbekistan’s apparel industry rose by 80% between 2014 and 2018. Exports of raw cotton have plunged as the crop is turned into fabric and clothes instead. In 2016 half the country’s output was exported; last year only 16% was. Uzbekistan’s textile factories can now get through 720,000 tonnes of cotton a year—roughly as much as its farmers produce. Next year the government hopes to eliminate the export of raw cotton altogether. It is aiming for a 340% rise in the value of exports to $7bn by 2025. The mood is “very optimistic”, says Ilkhom Khaydarov, the head of the Textile and Garment Industry Association.
Source: economist.com