Uzbekistan (UZB) and Sweden (SWE) Trade | The Observatory of Economic Complexity

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Uzbekistan-Sweden Trade: In 2023, Uzbekistan exported $2.29M to Sweden. The main products that Uzbekistan exported to Sweden were Stranded Copper Wire ($2.14M), Melons ($41.1k), and Dried Fruits ($28k). Over the past 5 years the exports of Uzbekistan to Sweden have increased at an annualized rate of 98%, from $75.3k in 2018 to $2.29M in 2023.

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

Sweden-Uzbekistan Trade: In 2023, Sweden exported $38.4M to Uzbekistan. The main products that Sweden exported to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($4.33M), Ethylene Polymers ($3.28M), and Margarine ($2.94M). Over the past 5 years the exports of Sweden to Uzbekistan have increased at an annualized rate of 12.8%, from $21.1M in 2018 to $38.4M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $2.29M to Sweden. The main products exported from Uzbekistan to Sweden were Stranded Copper Wire ($2.14M), Melons ($41.1k), and Dried Fruits ($28k). During the last 5 years the exports of Uzbekistan to Sweden have increased at an annualized rate of 98%, from $75.3k in 2018 to $2.29M in 2023.

In 2018, Sweden exported $38.4M to Uzbekistan. The main products exported from Sweden to Uzbekistan were Motor vehicles; parts and accessories (8701 to 8705) ($4.33M), Ethylene Polymers ($3.28M), and Margarine ($2.94M). During the last 5 years the exports of Sweden to Uzbekistan have increased at an annualized rate of 12.8%, from $21.1M in 2023 to $38.4M in 2018.

Exports from Uzbekistan () to Sweden () (2023)

Exports from Sweden () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Sweden ()

Uzbekistan Exports

Date

Sweden Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Sweden
Top DestinationGermany$18.4B

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

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

In 2023, countries that imported more from Sweden than Uzbekistan included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

Difference in imports from Sweden () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Sweden

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Sweden in the exports of Metals ($2.14M), Vegetable Products ($97.6k), and Foodstuffs ($30.4k).

During 2018, Sweden had a large net trade with Uzbekistan in the exports of Machines ($9.97M), Transportation ($7.34M), and Plastics and Rubbers ($6.02M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Sweden+$53.3kPlastic Lids

Top Product Potential Sweden Uzbekistan+$3.67MMotor vehicles; parts and accessories (8701 to 8705)

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Sweden () (2023)

Exports from Sweden () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Sweden ()

Uzbekistan Exports

Sweden Exports

Market Competitiveness

Difference in imports from Sweden () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Sweden

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Sweden () (2023)

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