Tajikistan’s economy provides a number of opportunities for exporters and investors. With 9.0 million consumers and number of potentially sizeable infrastructure, mining, and tourism projects, Tajikistan has the potential to become a notable market for U.S. exporters.
Tajikistan is the world’s 135 th economy with expected per-capita GDP of $9.4 in 2017. Approximately half of Tajikistan’s male working-age population labors at least part of the year in Russia or Kazakhstan, often for less than the local minimum wage and under difficult working conditions.
Tajikistan’s economy is still recovering from 1992-1997 Civil War and the 2008 -2014 world economic crisis, with GDP growing 4.4% for 2017. Experts forecast 4-5% real GDP growth and 9-10.5% inflation in 2017.
In 2011, the United States exported $125.3 million worth of goods to Tajikistan and imported goods worth $12.3 million from Tajikistan. This number does not include the sale of two Boeing 737-900ER aircrafts to the private Tajik-owned Somon Air Company, registered with Aruba Aviation Authorities. Tajikistan’s leading trading partners are the Russian Federation, China, Kazakhstan, Turkey, and Iran.
This report is prepared as a guide for new-to-market U.S. companies interested in finding partners in Tajikistan; it provides practical guidance on obtaining preliminary market information, strategizing market entry, approaching potential partners, and establishing communication. Due diligence is critical to take advantage of the potentially rewarding but high-risk market of Tajikistan.
U.S. exports to Tajikistan in 2011 totaled $125.3 million, up from $57million in 2010. Major U.S. exports, including U.S. Government-sponsored aid, were wheat, oil seeds and oils, vegetables, pharmaceutical products, meat, poultry, telecommunications equipment, measuring testing and control instruments, computers and semiconductors, laboratory testing instruments, medical equipment, and books.
Tajikistan’s economy continues to grow despite the lingering effects of the world financial crisis