Uzbekistan2020 Economic Complexity : -0.57, Rank 84 of 127
2020 Product Exports | Imports: $13.9B | $20.5B, 77 of 226 | 73 of 226
2020 Per Capita Product Exports | Imports: $406 | $598, 162 of 219 | 167 of 219
2018 Service Exports | Imports : $2.66B | $4.99B, 90 of 138 | 76 of 138
Overview In 2020, Uzbekistan was the number 79 economy in the world in terms of GDP (current US$), the number 77 in total exports, the number 73 in total imports, the number 162 economy in terms of GDP per capita (current US$) and the number 84 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Uzbekistan are Gold ($6.52B), Non-Retail Pure Cotton Yarn ($936M), Petroleum Gas ($631M), Refined Copper ($587M), and Ethylene Polymers ($281M), exporting mostly to United Kingdom ($6.06B), Russia ($1.74B), China ($1.29B), Turkey ($1.01B), and Kyrgyzstan ($757M).
In 2020, Uzbekistan was the world's biggest exporter of Silk Waste ($37M)
Imports The top imports of Uzbekistan are Motor vehicles; parts and accessories (8701 to 8705) ($933M), Packaged Medicaments ($925M), Wheat ($598M), Refined Petroleum ($573M), and Cars ($475M), importing mostly from China ($4.88B), Russia ($4.29B), Kazakhstan ($2.14B), South Korea ($1.85B), and Turkey ($1.18B).
Location Uzbekistan borders Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan by land and Azerbaijan by sea.
The following section uses the most recent trade data from partners of Uzbekistan.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Top Export (2020): Gold, $6.52B
Top Destination (2020): United Kingdom, $4.88B
In 2020, Uzbekistan exported a total of $13.9B, making it the number 77 exporter in the world. During the last five reported years the exports of Uzbekistan have changed by $7.75B from $6.16B in 2015 to $13.9B in 2020.
The most recent exports are led by Gold ($6.52B), Non-Retail Pure Cotton Yarn ($936M), Petroleum Gas ($631M), Refined Copper ($587M), and Ethylene Polymers ($281M). The most common destination for the exports of Uzbekistan are United Kingdom ($6.06B), Russia ($1.74B), China ($1.29B), Turkey ($1.01B), and Kyrgyzstan ($757M).
Fastest Growing Export Markets (2019 - 2020)
Fastest Growing Import Markets (2019 - 2020)
Uzbekistan Exports Services (2018): $2.66B
Uzbekistan Imports Services (2018): $4.99B
In 2018, Uzbekistan exported $2.66B worth of services. The top services exported by Uzbekistan in 2018 were Personal travel ($1.13B), Other transport ($943M), Air transport ($308M), Telecommunications services ($150M), and Miscellaneous business, professional, and technical services ($51.2M).
The top services imported by Uzbekistan in 2018 were Other transport ($1.88B), Business travel ($1.2B), Personal travel ($1.04B), Air transport ($529M), and Construction in the compiling economy ($138M).
Uzbekistan has a high level of specialization in Non-Retail Pure Cotton Yarn (109), Wheat Flours (55.5), Molybdenum (42.2), Silk Fabrics (35.6), and Pitted Fruits (29.6). Specialization is measured using RCA, an index that takes the ratio between Uzbekistan observed and expected exports in each product.
The highest complexity exports of Uzbekistan according to the product complexity index (PCI) are Tungsten (1.46), Molybdenum (1.1), Other Copper Products (0.88), Silk Fabrics (0.75), and High-voltage Protection Equipment (0.68). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Uzbekistan according to the relatedness index, are Chromium Ore (0.18), Other Oily Seeds (0.17), Tropical Fruits (0.17), Legumes (0.17), and Tea (0.17). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Uzbekistan is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.
During the last 20 years Uzbekistan's economy has become relatively less complex, moving from the 52nd to the 84th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
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