Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U.S. market share, the political situation if relevant, the top reasons why U.S. companies should consider exporting to this country, and other issues that affect trade, e.g., terrorism, currency devaluations, trade agreements.
Last Published: 4/17/2016
Tajikistan’s economy provides a number of opportunities for exporters and investors. 
With a population of 8.3 million 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 137th largest economy with expected per-capita GDP of USD 1,114 in 2014.  Tajikistan’s economy is heavily dependent on remittances sent by labor migrants working in Russia.  According to data from the Central Bank of Russia, Tajik laborers remitted USD 3.83 billion in 2014, a 7.6 percent decline compared to USD 4.144 billion in 2013, and a 26 percent drop when comparing fourth quarter statistics from the two years.
 
The decline in remittances is due to Russia’s current  economic situation and to new restrictions imposed on migrant access to the Russian labor market.   As of April 2015, the Federal Migration Service of Russia reported that only 970,000 Tajiks were employed in Russia, compared to 1.5 million in 2014.  The International Monetary Fund (IMF) estimated remittances will decline at least 30 percent in 2015, compared to 2014.
 
Tajikistan’s economy is still facing major economic issues left from the 1992-1997 Civil War, despite GDP growth of 6.7 percent in 2014.  World Bank experts forecast 6.0 percent real GDP growth and 7.5 percent inflation in 2015. 
 
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 2014 totaled USD 24.6 million, down from USD 52.6 million in 2013.  Major U.S. exports, including U.S. Government-sponsored aid, were wheat, oil seeds and oils, vegetables, pharmaceutical products, meat, poultry, finished metal shapes, generators and accessories, electrical equipment, civilian aircraft engines and parts, used and new passenger cars, pharmaceutical preparations, books and printed materials, toys, stereo equipment, military apparel and footwear, telecommunications equipment, measuring, testing, and control instruments, computers,  semiconductors, laboratory testing instruments, and medical equipment.  Tajikistan’s leading trading partners are the Russian Federation, China, Kazakhstan, Turkey, and Iran. 
 
The top five reasons why U.S. companies should consider exporting to Tajikistan are:
Tajikistan recognizes the United States as a provider of high quality equipment, and is interested in obtaining U.S. components for major infrastructure projects.
Tajikistan’s growing links to trading partners in Southern Asia could drive significant economic growth, driving up demand.
Tajikistan’s economy is heavily dependent on imports.  Most U.S. manufacturers would not face competition from local producers.
Tajikistan has significant energy generation potential, and could experience significant demand growth once that potential is developed.
Tajikistan’s geographical location could enable it to become a regional transit hub, once its airports are expanded to accommodate bulk airfreight and passenger transfers.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.



Tajikistan Trade Development and Promotion