ECONOMIC ASPECTS OF VALUE ADDED AGRICULTURE IN UZBEKISTAN

Abstract

The goal of this paper is to analyse socio-economic role of value added agriculture in Uzbekistan. The main agricultural exports are cotton (raw and yarn), fruits, vegetables, leather, wool and fur. There is an opportunity to acquire more social and economic advantages by exporting finished goods, which are made out of primary agricultural commodities. Adding value to agricultural products lead to increasing the share of finished goods in export, supplying import-substituting products, improving infrastructure in rural areas, providing new jobs and growing people’s income. The paper presents the analyse of the agriculture sector in GDP and the production dynamics of the primary agricultural commodities during 2005-2014, as well as comparison the share of cotton, fruits, vegetables and leather in export in 2005 and 2014. Based on the analyses it is recommended to widely use value added agriculture in order to support people, who are living in rural areas in Uzbekistan.

Keywords: export, primary agricultural commodities, share, economic role, value added agriculture

Article DOI: http://doi.org/10.15544/RD.2017.213