2023
Exports
$41.3kWorld Rnk 105 / 187
Flag Rnk 718 / 987
2023
PRODUCT COMPLEXITY IN Electromagnets
1.1Rnk 144 / 1025
2023
Imports
$10.7MWorld Rnk 54 / 216
Flag Rnk 380 / 1154
2023
ECONOMIC COMPLEXITY of Uzbekistan
-0.22Rnk 74 / 132

About

Exports In 2023, Uzbekistan exported $41.3k in Electromagnets, making it the 105th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 718th most exported product in Uzbekistan. The main destination of Electromagnets exports from Uzbekistan are: Russia ($34.6k), Kazakhstan ($3.04k), Tajikistan ($1.13k), Turkmenistan ($1.01k), and Ukraine ($714).

The fastest growing export markets for Electromagnets of Uzbekistan between 2022 and 2023 were Russia ($26.8k), Kazakhstan ($2.58k), and Turkmenistan ($1.01k).

Imports In 2023, Uzbekistan imported $10.7M in Electromagnets, becoming the 54th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 380th most imported product in Uzbekistan. Uzbekistan imports Electromagnets primarily from: Switzerland ($4.97M), China ($3.13M), South Korea ($1.13M), Italy ($785k), and Russia ($164k).

The fastest growing import markets in Electromagnets for Uzbekistan between 2022 and 2023 were Switzerland ($4.92M), China ($984k), and Italy ($435k).

Latest Trends

Dec 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 Electromagnets. 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 (2023)$41.3k
IMPORTS (2023)$10.7M
NET TRADE (2023)-$10.6M

In 2023, Uzbekistan exported $41.3k in Electromagnets. The main destinations of Uzbekistan exports on Electromagnets were Russia ($34.6k), Kazakhstan ($3.04k), Tajikistan ($1.13k), Turkmenistan ($1.01k), and Ukraine ($714).

In 2023, Uzbekistan imported $10.7M in Electromagnets, mainly from Switzerland ($4.97M), China ($3.13M), South Korea ($1.13M), Italy ($785k), and Russia ($164k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Uzbekistan WERE (2022 - 2023):
Russia$26.8k (342%)
Kazakhstan$2.58k (560%)
Turkmenistan$1.01k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Uzbekistan WERE (2022 - 2023):
South Africa-$1.85k (-100%)
France-$1.21k (-100%)
Croatia-$57 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uzbekistan's main exporting competitors in Electromagnets were:
China $5.34B
Germany $1.17B
Japan $974M
In 2023, Uzbekistan's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.67k
TOP IMPORT POTENTIALChina+ $1.49M

Electromagnets’s highest export potential is France. With an export gap of $1.67k.   Electromagnets’s highest import potential is China with an import gap of $1.49M.

See methodology.

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