Uzbekistan (UZB) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Uzbekistan-Russia Trade: In 2022, Uzbekistan exported $2.6B to Russia. The main products that Uzbekistan exported to Russia were Non-Retail Pure Cotton Yarn ($390M), Grapes ($167M), and Knit T-shirts ($164M). Over the past 5 years the exports of Uzbekistan to Russia have increased at an annualized rate of 11.6%, from $1.5B in 2017 to $2.6B in 2022.

In 2022, Uzbekistan did not export any services to Russia.

Russia-Uzbekistan Trade: In 2022, Russia exported $5.62B to Uzbekistan. The main products that Russia exported to Uzbekistan were Refined Petroleum ($510M), Hot-Rolled Iron ($399M), and Sawn Wood ($363M). Over the past 5 years the exports of Russia to Uzbekistan have increased at an annualized rate of 13.7%, from $2.96B in 2017 to $5.62B in 2022.

In 2020, Russia exported services to Uzbekistan worth $701M, with Travel ($237M), Construction services ($173M), and Transportation ($136M) being the largest in terms of value.

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uzbekistan exported $2.6B to Russia. The main products exported from Uzbekistan to Russia were Non-Retail Pure Cotton Yarn ($390M), Grapes ($167M), and Knit T-shirts ($164M). During the last 5 years the exports of Uzbekistan to Russia have increased at an annualized rate of 11.6%, from $1.5B in 2017 to $2.6B in 2022.

In 2017, Russia exported $5.62B to Uzbekistan. The main products exported from Russia to Uzbekistan were Refined Petroleum ($510M), Hot-Rolled Iron ($399M), and Sawn Wood ($363M). During the last 5 years the exports of Russia to Uzbekistan have increased at an annualized rate of 13.7%, from $2.96B in 2022 to $5.62B in 2017.

Exports from Uzbekistan () to Russia () (2022)

Exports from Russia () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Russia ()

Uzbekistan Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Uzbekistan than Russia included Afghanistan ($525M), Switzerland ($4.29B), and Turkmenistan ($132M).

In 2022, countries that imported more from Russia than Uzbekistan included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Uzbekistan () (2022)

Comparative Advantage Uzbekistan - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Russia in the exports of Textiles ($1.32B), Vegetable Products ($489M), and Machines ($191M).

During 2017, Russia had a large net trade with Uzbekistan in the exports of Metals ($1.63B), Mineral Products ($676M), and Wood Products ($653M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Russia+$5.09kGold

Top Product Potential Russia Uzbekistan+$6.7kRefined Petroleum

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Uzbekistan worth $701M, with Travel ($237M), Construction services ($173M), and Transportation ($136M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Uzbekistan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Russia () (2022)

Exports from Russia () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Russia ()

Uzbekistan Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Uzbekistan () (2022)

Comparative Advantage Uzbekistan - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Uzbekistan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Russia () (2022)

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