International trade is not as scary as people try to make it seem. The economic differences between Russia and Uzbekistan make it possible to make an effective business almost from scratch, if you choose the right direction of trade.
A little about the economy of Uzbekistan
Light industry is best developed in Uzbekistan. The country ranks sixth in the world for cotton production. As for minerals, Uzbekistan actively exports its own natural gas and gold. The worst situation is with the food industry. For example, domestic production of cereals only covers 25 percent of the demand. The rest of the grain is imported from other countries, including Russia.
How to establish a successful export-import in Uzbekistan
Focusing on economic indicators, a competent businessman will bet on bringing in the necessary things into the country and exporting the inexpensive ones. Back in Soviet times, Uzbekistan was considered an all-Union cotton plantation. Favorable climatic and landscape conditions have done everything to turn the country into one continuous knitwear factory.
With regard to our country, it can be really profitable to import knitwear from Uzbekistan, given some points. The quality of Uzbek knitwear is not satisfactory, but the lineup is unlikely to be diverse. Therefore, for business to be effective, it is best to export knitted underwear from Uzbekistan. In terms of price-quality ratio, there are few places where you can find such an optimal product, except in Uzbekistan. As for other knitwear, anything that stands above T-shirts can be safely ignored, since the competitiveness of such products is highly questionable. This is not only the ratio of quality and price, but also the appearance and design of the product. Alas, these indicators leave much to be desired.
There are also a couple of pitfalls - when organizing your own business, most likely there will be a lot of administrative obstacles. Therefore, to clarify all the nuances of trade, it would be better if you invite a potential Uzbek supplier "to your territory" to discuss the details of future joint activities.
Taking into account the climatic features of Uzbekistan for agriculture and farming, the conclusion suggests itself about the import of a number of food products into the country. In any case, food prices in the country are very high, and a less expensive product that appears immediately begins to enjoy popularity. For example, cheap canned fish - sprat and gobies in Ukrainian-made tomato - are very popular. Even taking into account Russian transit, these products are capable of bringing substantial profits to a businessman.
