2023
Flag  
GDP
$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$2,850CURRENT US$
Rnk 144 / 195
2013-2023
Flag
GDP PC GROWTH
15.7%CURRENT US$
Rnk 116 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Uzbekistan-Belgium Trade: In 2023, Uzbekistan exported $66.7M to Belgium. The main products that Uzbekistan exported to Belgium were Molybdenum ($38.6M), Coal Tar Oil ($11.3M), and Nitrogenous Fertilizers ($5.45M). Over the past 5 years the exports of Uzbekistan to Belgium have increased at an annualized rate of 60.6%, from $6.24M in 2018 to $66.7M in 2023.

In 2023, Uzbekistan did not export any services to Belgium.

Belgium-Uzbekistan Trade: In 2023, Belgium exported $131M to Uzbekistan. The main products that Belgium exported to Uzbekistan were Vaccines, blood, antisera, toxins and cultures ($26.9M), Delivery Trucks ($19.4M), and Looms ($12.1M). Over the past 5 years the exports of Belgium to Uzbekistan have increased at an annualized rate of 14.6%,  from $66.3M in 2018 to $131M in 2023.

In 2023, Belgium did not export any services to Uzbekistan.

Comparison: In 2023,  Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uzbekistan exported $66.7M to Belgium. The main products exported from Uzbekistan to Belgium were Molybdenum ($38.6M), Coal Tar Oil ($11.3M), and Nitrogenous Fertilizers ($5.45M). During the last 5 years the exports of Uzbekistan to Belgium have increased at an annualized rate of 60.6%, from $6.24M in 2018 to $66.7M in 2023.

In 2018, Belgium exported $131M to Uzbekistan. The main products exported from Belgium to Uzbekistan were Vaccines, blood, antisera, toxins and cultures ($26.9M), Delivery Trucks ($19.4M), and Looms ($12.1M). During the last 5 years the exports of Belgium to Uzbekistan have increased at an annualized rate of 14.6%, from $66.3M in 2023 to $131M in 2018.

Exports from Uzbekistan (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to Uzbekistan (Flag) (2023)

Latest Data

Trade between Uzbekistan (Flag) and Belgium (Flag)

Uzbekistan Exports

Belgium Exports

Market Competitiveness

Color
Uzbekistan
Top Destination
Switzerland$8.18B
Belgium
Top Destination
France$85.6B

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

In 2023, countries that imported more from Uzbekistan than Belgium included Switzerland ($8.18B), Kazakhstan ($1.37B), and Russia ($3.02B).

In 2023, countries that imported more from Belgium than Uzbekistan included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

Difference in imports from Belgium (Flag) and Uzbekistan (Flag) (2023)

Comparative Advantage Uzbekistan - Belgium

Flow
Scale

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

During 2023, Uzbekistan had a large net trade with Belgium in the exports of Metals ($39.2M), Mineral Products ($11.3M), and Chemical Products ($5.45M).

During 2018, Belgium had a large net trade with Uzbekistan in the exports of Chemical Products ($45.2M), Transportation ($25.6M), and Machines ($24.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uzbekistan Belgium+$1.13MNon-Retail Pure Cotton Yarn
Top Product Potential Belgium Uzbekistan+$15.5MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Uzbekistan (Flag) and Belgium (Flag) (2023)

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