On June 17-18, German Federal President Frank-Walter Steinmeier is on an official visit to Uzbekistan, accompanied by a business delegation as part of a trip to Asian countries.

In Tashkent, he held talks with President Shavkat Mirziyoyev and took part in the signing ceremony of agreements on projects of German companies.

The visit takes place during the V Tashkent International Investment Forum, where the largest German companies and investors actively participate in the discussion of new projects and business opportunities.

The Center for Economic Research and Reform (CEIR) has prepared an infographic showing indicators of trade, economic and investment cooperation between Uzbekistan and Germany for the period 2017-2025.

Mutual trade

Over the period 2017-2025, the volume of mutual trade between Uzbekistan and Germany increased 2.3 times, from $620 million (in 2016) to $1.4 billion. (in 2025), exports increased 4.5 times from $32.5 million to $145.6 million, imports increased 2.2 times from $587.5 million to $1.3 billion.

In the mutual trade of Uzbekistan with Germany, more than 90% is imports, due to the supply of machinery, equipment, vehicles and other products from Germany, which are used for the development of industry in Uzbekistan.

In 2025, the structure of Uzbekistan's exports and imports with Germany included the following consolidated commodity items:

Exports: finished goods - 29%, food products - 12%, industrial goods - 9%, machinery and transport equipment - 8%, chemical products - 3%, non-food raw materials - 2%, services - 36%.

Imports: machinery, equipment and vehicles - 56%, chemical products - 17%, manufactured goods - 5%, finished goods - 4%; food products - 3%, services - 10%.

Investment cooperation

For Uzbekistan, Germany remains an important source of technology, investment, and management expertise.

As of June 1, 2025, 244 enterprises with the participation of investors from Germany were operating in Uzbekistan, of which 111 were joint ventures and 133 enterprises with 100% German capital.

In 2025, the volume of German investments and loans to Uzbekistan amounted to $983.5 million. In total, the accumulated volume of German investments and loans in Uzbekistan over 9 years has exceeded $5.7 billion.

Germany is interested in developing transport corridors between Europe and Central Asia, expanding the supply of raw materials and rare earth metals, as well as participating in green energy and industrial modernization projects.

The main volume of German investments is directed to the manufacturing industry, as well as to the energy sector, mining, information and communication sector, transport and logistics, construction and other sectors of the economy.