Tajikistan's Foreign Trade Deficit Increases Significantly

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In the first half of 2025, Tajikistan’s GDP reached 70.8 billion somoni (approximately $7.5 billion), with inflation standing at 1.8% and total trade turnover exceeding 33 billion somoni. These figures were announced by the Minister of Economic Development and Trade of Tajikistan, Zavqi Zavqizoda, during a press conference on August 6, reports Asia-Plus.

Between 2021 and 2025, Tajikistan's GDP grew by 2.9 times compared to the 2016–2020 period, with an average annual economic growth rate of 8.1%.

Growth in the first half of 2025 was driven by industrial output (+24%), capital investment (+14.6%), paid services (+12.8%), agriculture (+9.7%), cargo transport (+9.3%), and passenger transport (+5.8%).

The inflation rate of 1.8% is attributed to rising food prices (+2.9%) and service tariffs (+3.4%).

Foreign trade saw a 4.3% decline in exports (to $955 million) and a 10.5% increase in imports (to $3.775 billion), mainly due to reduced exports of precious metals. Antimony (30%), minerals (26.5%), and aluminum (13.8%) formed the core of export items, while imports were dominated by vehicles, fuel, machinery, and food.

Russia remained Tajikistan’s top trading partner, with bilateral trade soaring by 111% in the first half of the year, reaching $1.71 billion.

CentralasianLIGHT.org
August 6, 2025