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2022
Exports $189MWorld Rnk 89 / 223
Flag Rnk 17 / 95
2022
Destination $34.9M Kazakhstan
2021 - 2022
FASTEST GROWING MARKET $34.9MSingapore
2022
PRODUCT COMPLEXITY IN Iron & steel1.68Rnk 28 / 1025
2022
Imports $1.88BWorld Rnk 52 / 225
Flag Rnk 4 / 96
2022
Origin $297M Russia
2021 - 2022
FASTEST GROWING ORIGIN $297MRussia
2022
ECONOMIC COMPLEXITY of Uzbekistan-0.28Rnk 79 / 133

About

Exports In 2022, Uzbekistan exported $189M in Iron & steel, making it the 89th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 17th most exported product in Uzbekistan. The main destination of Iron & steel exports from Uzbekistan are: Kazakhstan ($56.5M), Singapore ($52.9M), Tajikistan ($19.3M), United Kingdom ($11M), and Kyrgyzstan ($10.3M).

The fastest growing export markets for Iron & steel of Uzbekistan between 2021 and 2022 were Singapore ($34.9M), Kazakhstan ($15.2M), and United Kingdom ($11M).

Imports In 2022, Uzbekistan imported $1.88B in Iron & steel, becoming the 52nd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 4th most imported product in Uzbekistan. Uzbekistan imports Iron & steel primarily from: Russia ($1.02B), Kazakhstan ($523M), China ($164M), Iran ($55.7M), and Ukraine ($26.1M).

The fastest growing import markets in Iron & steel for Uzbekistan between 2021 and 2022 were Russia ($297M), Kazakhstan ($25.7M), and Germany ($13.5M).

Latest Trends

Oct 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 Iron & steel. 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)$189M
IMPORTS (2022)$1.88B
NET TRADE (2022)-$1.69B

In 2022, Uzbekistan exported $189M in Iron & steel. The main destinations of Uzbekistan exports on Iron & steel were Kazakhstan ($56.5M), Singapore ($52.9M), Tajikistan ($19.3M), United Kingdom ($11M), and Kyrgyzstan ($10.3M).

In 2022, Uzbekistan imported $1.88B in Iron & steel, mainly from Russia ($1.02B), Kazakhstan ($523M), China ($164M), Iran ($55.7M), and Ukraine ($26.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Uzbekistan WERE (2021 - 2022):
Singapore$34.9M (194%)
Kazakhstan$15.2M (36.8%)
United Kingdom$11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Uzbekistan WERE (2021 - 2022):
Afghanistan-$11.1M (-98%)
South Korea-$2.08M (-99.6%)
Ukraine-$486k (-38%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Uzbekistan's main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Uzbekistan's main importing competitors in Iron & steel were:
United States $43.2B
China $41.4B
Germany $36B

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $4.75M
TOP IMPORT POTENTIALChina+ $47.6M

Iron & steel’s highest export potential is Poland. With an export gap of $4.75M.   Iron & steel’s highest import potential is China with an import gap of $47.6M.

See methodology.

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