Uzbekistan2021 Economic Complexity : -0.38, Rank 79 of 131
2021 Product Exports | Imports: $14.7B | $24.4B, 81 of 226 | 78 of 226
2021 Per Capita Product Exports | Imports: $420 | $699, 168 of 219 | 169 of 219
2018 Service Exports | Imports : $2.66B | $4.99B, 90 of 138 | 76 of 138
Overview In 2021, Uzbekistan was the number 71 economy in the world in terms of GDP (current US$), the number 81 in total exports, the number 78 in total imports, the number 143 economy in terms of GDP per capita (current US$) and the number 79 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Uzbekistan are Gold ($4.53B), Non-Retail Pure Cotton Yarn ($1.61B), Refined Copper ($741M), Petroleum Gas ($722M), and Radioactive Chemicals ($407M), exporting mostly to Switzerland ($2.4B), China ($1.94B), United Kingdom ($1.88B), Russia ($1.71B), and Turkey ($1.68B).
In 2021, Uzbekistan was the world's biggest exporter of Silk Waste ($36.1M)
Imports The top imports of Uzbekistan are Packaged Medicaments ($1.04B), Motor vehicles; parts and accessories (8701 to 8705) ($1.01B), Cars ($656M), Refined Petroleum ($608M), and Wheat ($535M), importing mostly from China ($5.63B), Russia ($5.12B), Kazakhstan ($2.47B), South Korea ($1.92B), and Turkey ($1.87B).
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.
Top Export (2021): Gold, $4.53B
Top Destination (2021): Switzerland, $2.4B
In 2021, Uzbekistan exported a total of $14.7B, making it the number 81 exporter in the world. During the last five reported years the exports of Uzbekistan have changed by $7.31B from $7.37B in 2016 to $14.7B in 2021.
The most recent exports are led by Gold ($4.53B), Non-Retail Pure Cotton Yarn ($1.61B), Refined Copper ($741M), Petroleum Gas ($722M), and Radioactive Chemicals ($407M). The most common destination for the exports of Uzbekistan are Switzerland ($2.4B), China ($1.94B), United Kingdom ($1.88B), Russia ($1.71B), and Turkey ($1.68B).
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 (145), Wheat Flours (81.4), Molybdenum (71.7), Radioactive Chemicals (51.3), and Silk Fabrics (41.4). 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 (1.43), Prepared Rubber Accelerators (1.09), Other Copper Products (0.95), Molybdenum (0.93), and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) (0.87). 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, were Chromium Ore (0.23), Tropical Fruits (0.22), Legumes (0.22), Spices (0.22), and Non-Knit Women's Suits (0.22). 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 48th to the 79th 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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 mule