2022
Exports
$16.2MWorld Rnk 33 / 159
Flag Rnk 102 / 1017
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$38.1MWorld Rnk 35 / 209
Flag Rnk 168 / 1161
2022
ECONOMIC COMPLEXITY of Uzbekistan
-0.28Rnk 79 / 133

About

Exports In 2022, Uzbekistan exported $16.2M in Electric Furnaces, making it the 33rd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 102nd most exported product in Uzbekistan. The main destination of Electric Furnaces exports from Uzbekistan are: China ($12.9M), Turkey ($2.68M), Lithuania ($471k), Russia ($81k), and Moldova ($24.1k).

The fastest growing export markets for Electric Furnaces of Uzbekistan between 2021 and 2022 were China ($10.7M), Turkey ($2.5M), and Russia ($81k).

Imports In 2022, Uzbekistan imported $38.1M in Electric Furnaces, becoming the 35th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 168th most imported product in Uzbekistan. Uzbekistan imports Electric Furnaces primarily from: China ($14.3M), Poland ($9.32M), Turkey ($4.5M), Georgia ($1.85M), and Estonia ($1.13M).

The fastest growing import markets in Electric Furnaces for Uzbekistan between 2021 and 2022 were Poland ($6.72M), Turkey ($3.51M), and Georgia ($1.85M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.2M
IMPORTS (2022)$38.1M
NET TRADE (2022)-$21.9M

In 2022, Uzbekistan exported $16.2M in Electric Furnaces. The main destinations of Uzbekistan exports on Electric Furnaces were China ($12.9M), Turkey ($2.68M), Lithuania ($471k), Russia ($81k), and Moldova ($24.1k).

In 2022, Uzbekistan imported $38.1M in Electric Furnaces, mainly from China ($14.3M), Poland ($9.32M), Turkey ($4.5M), Georgia ($1.85M), and Estonia ($1.13M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Uzbekistan WERE (2021 - 2022):
China$10.7M (497%)
Turkey$2.5M (1.38k%)
Russia$81k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Uzbekistan WERE (2021 - 2022):
Lithuania-$783k (-62.4%)
Tajikistan-$3.21k (-16.3%)
South Korea-$763 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uzbekistan's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Uzbekistan's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.36k
TOP IMPORT POTENTIALGermany+ $685k

Electric Furnaces’s highest export potential is Turkey. With an export gap of $5.36k.   Electric Furnaces’s highest import potential is Germany with an import gap of $685k.

See methodology.

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