2022
Flag  
GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

South Korea-Uzbekistan Trade: In 2022, South Korea exported $1.25B to Uzbekistan. The main products that South Korea exported to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($942M), Cars ($405M), and Engine Parts ($72.4M). Over the past 5 years the exports of South Korea to Uzbekistan have increased at an annualized rate of 38.7%, from $244M in 2017 to $1.25B in 2022.

In 2022, South Korea did not export any services to Uzbekistan.

Uzbekistan-South Korea Trade: In 2022, Uzbekistan exported $46.3M to South Korea. The main products that Uzbekistan exported to South Korea were Refractory Cements ($5.7M), Recovered Paper Pulp ($5.41M), and Non-Retail Pure Cotton Yarn ($2.46M). Over the past 5 years the exports of Uzbekistan to South Korea have decreased at an annualized rate of 17.9%,  from $125M in 2017 to $46.3M in 2022.

In 2022, Uzbekistan did not export any services to South Korea.

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.25B to Uzbekistan. The main products exported from South Korea to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($942M), Cars ($405M), and Engine Parts ($72.4M). During the last 5 years the exports of South Korea to Uzbekistan have increased at an annualized rate of 38.7%, from $244M in 2017 to $1.25B in 2022.

In 2017, Uzbekistan exported $46.3M to South Korea. The main products exported from Uzbekistan to South Korea were Refractory Cements ($5.7M), Recovered Paper Pulp ($5.41M), and Non-Retail Pure Cotton Yarn ($2.46M). During the last 22 years the exports of Uzbekistan to South Korea have decreased at an annualized rate of 17.9%, from $125M in 1995 to $46.3M in 2017.

Exports from South Korea (Flag) to Uzbekistan (Flag) (2022)

Exports from Uzbekistan (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$150B
Uzbekistan
Top Destination
Switzerland$4.29B

This map shows whether countries import more from South Korea or Uzbekistan. Each country is colored based on the difference in imports they receive from South Korea and Uzbekistan or the difference in the growth in imports.

In 2022, countries that imported more from South Korea than Uzbekistan included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, countries that imported more from Uzbekistan than South Korea included Switzerland ($4.29B), Kyrgyzstan ($926M), and Afghanistan ($525M).

Difference in imports from Uzbekistan (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Uzbekistan

Flow
Scale

This chart compares trade between South Korea and Uzbekistan by product, considering products traded by both, South Korea and Uzbekistan.

During 2022, South Korea had a large net trade with Uzbekistan in the exports of Transportation ($1.36B), Machines ($437M), and Plastics and Rubbers ($188M).

During 2017, Uzbekistan had a large net trade with South Korea in the exports of Chemical Products ($8.78M), Textiles ($6.5M), and Paper Goods ($5.41M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Uzbekistan. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Uzbekistan (Flag) (2022)

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