Eurasianet notes that trade statistics for 2023 indicate the developing relationship between Uzbekistan and China is far from one of equals.
Uzbek President Shavkat Mirziyoyev traveled to China in late January, meeting with Chinese leader Xi Jinping. During the visit, the two countries reportedly signed a number of agreements that according to a presidential statement would enrich the content of their strategic partnership.
The bilateral documents signed in Beijing outlined cooperation in a wide variety of areas, ranging from big-picture issues, including environmental protection and poverty reduction, to micro topics, such as the sanitary standards for Uzbek pea exports to China, according to Eurasianet.
The numbers reportedly confirm that the foundation of any strategic partnership rests more on rhetoric than substance. Figures covering 2023 show that Uzbekistan ran a severe trade deficit with Beijing, deepening a dependency on Chinese durable goods. According to China’s customs agency, its trade turnover with Uzbekistan last year totaled US$14 billion, with Uzbek exports accounting for only US$1.6 billion of the overall amount.
Eurasianet notes that Uzbekistan’s growing appetite for Chinese autos has been well documented. The imbalance reportedly also extends to consumer electronics, including mobile phones.
The Uzbek Agency for Statistics reported that the country imported 3.1 million mobile phones from China in 2023, far outpacing imports from other sources. Vietnam ranked as the second biggest mobile phone supplier to Uzbekistan, shipping 276,800 units. Third was India, with 37,200 units shipped. The overall total reflected 13.7 percent growth in mobile phone imports over 2022 numbers.
China additionally has established itself as a major creditor of Uzbekistan, according to officials at the Uzbek Ministry of Investment, Industry and Trade. The ministry reported that Uzbekistan attracted international loans totaling US$2.8 billion in 2023, the majority of which was provided by the Asian Development Bank (US$616 million), the World Bank (US$552 million) and China (US$399 million). The Uzbek government devoted $872 million in loans to the country’s energy sector. Meanwhile, the transport sector gained US$473 million in international support, while agriculture and water management sector received US$300 million.
