2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$80.4BCURRENT US$
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2012-2022
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GDP GROWTH
19.1%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$2,255CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.55%CURRENT US$
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About

Spain-Uzbekistan Trade: In 2022, Spain exported $55.8M to Uzbekistan. The main products that Spain exported to Uzbekistan were Rubber Tires ($7.18M), Knitting Machine Accessories ($4.56M), and Textile Fiber Machinery ($4.04M). Over the past 5 years the exports of Spain to Uzbekistan have decreased at an annualized rate of 9.23%, from $90.5M in 2017 to $55.8M in 2022.

In 2022, Spain did not export any services to Uzbekistan.

Uzbekistan-Spain Trade: In 2022, Uzbekistan exported $11.1M to Spain. The main products that Uzbekistan exported to Spain were Nitrogenous Fertilizers ($4.41M), Sulfates ($1.7M), and Preserved Vegetables ($1.43M). Over the past 5 years the exports of Uzbekistan to Spain have increased at an annualized rate of 9.61%,  from $7.01M in 2017 to $11.1M in 2022.

In 2022, Uzbekistan did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $55.8M to Uzbekistan. The main products exported from Spain to Uzbekistan were Rubber Tires ($7.18M), Knitting Machine Accessories ($4.56M), and Textile Fiber Machinery ($4.04M). During the last 5 years the exports of Spain to Uzbekistan have decreased at an annualized rate of 9.23%, from $90.5M in 2017 to $55.8M in 2022.

In 2017, Uzbekistan exported $11.1M to Spain. The main products exported from Uzbekistan to Spain were Nitrogenous Fertilizers ($4.41M), Sulfates ($1.7M), and Preserved Vegetables ($1.43M). During the last 5 years the exports of Uzbekistan to Spain have increased at an annualized rate of 9.61%, from $7.01M in 2022 to $11.1M in 2017.

Exports from Spain (Flag) to Uzbekistan (Flag) (2022)

Exports from Uzbekistan (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Uzbekistan
Top Destination
Switzerland$4.29B

This map shows whether countries import more from Spain or Uzbekistan. Each country is colored based on the difference in imports they receive from Spain and Uzbekistan or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Uzbekistan included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Uzbekistan than Spain included Russia ($2.6B), Kazakhstan ($1.25B), and Kyrgyzstan ($926M).

Difference in imports from Uzbekistan (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Uzbekistan

Flow
Scale

This chart compares trade between Spain and Uzbekistan by product, considering products traded by both, Spain and Uzbekistan.

During 2022, Spain had a large net trade with Uzbekistan in the exports of Machines ($22.6M), Chemical Products ($10.3M), and Plastics and Rubbers ($8.94M).

During 2017, Uzbekistan had a large net trade with Spain in the exports of Chemical Products ($6.11M), Textiles ($2M), and Vegetable Products ($1.99M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Uzbekistan+$4.75MRubber Tires
Top Product Potential Uzbekistan Spain+$1.43MNon-Retail Pure Cotton Yarn

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Uzbekistan. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Uzbekistan (Flag) (2022)

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