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2023
Flag → Flag
Exports $464MRnk 84 / 219
2023
Flag → Flag
Top Product $25.9MCentrifuges
2023
Flag → Flag
Exports $198MRnk 13 / 132
2023
Flag → Flag
Top Product $76.6MGold
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
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Economic Complexity (ECI) ECI -0.22Rnk 74 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
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GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
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 GDP$102BCURRENT US$
Rnk 70 / 195
2013-2023
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GDP GROWTH38.8%CURRENT US$
Rnk 95 / 195
2023
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GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
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GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
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GDP PC$2,850CURRENT US$
Rnk 144 / 196
2013-2023
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GDP PC GROWTH15.7%CURRENT US$
Rnk 116 / 195

About

Italy-Uzbekistan Trade: In 2023, Italy exported $464M to Uzbekistan. The main products that Italy exported to Uzbekistan were Centrifuges ($25.9M), Electric Furnaces ($21.9M), and Gas Turbines ($16.8M). Over the past 5 years the exports of Italy to Uzbekistan have increased at an annualized rate of 7.81%, from $319M in 2018 to $464M in 2023.

In 2023, Italy did not export any services to Uzbekistan.

Uzbekistan-Italy Trade: In 2023, Uzbekistan exported $198M to Italy. The main products that Uzbekistan exported to Italy were Gold ($76.6M), Light Rubberized Knitted Fabric ($38.2M), and Non-Retail Pure Cotton Yarn ($26.6M). Over the past 5 years the exports of Uzbekistan to Italy have increased at an annualized rate of 24%,  from $18.5M in 2018 to $198M in 2023.

In 2023, Uzbekistan did not export any services to Italy.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Italy exported €16.4M and imported €1.49M from Uzbekistan, resulting in a positive trade balance of €14.9M. Between November 2023 and November 2024 the exports of Italy have increased by €4.06M (32.8%) from €12.4M to €16.4M, while imports decreased by €-71.2M (-97.9%) from €72.7M to €1.49M.

Trade In November 2024, the top exports of Italy to Uzbekistan were N/A. In November 2024 the top imports of Italy from Uzbekistan were .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€4.06M(32.8%)
IMPORT GROWTH (October 2023 - October 2024)€-71.2M(-97.9%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Uzbekistan and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Uzbekistan and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $464M to Uzbekistan. The main products exported from Italy to Uzbekistan were Centrifuges ($25.9M), Electric Furnaces ($21.9M), and Gas Turbines ($16.8M). During the last 5 years the exports of Italy to Uzbekistan have increased at an annualized rate of 7.81%, from $319M in 2018 to $464M in 2023.

In 2018, Uzbekistan exported $198M to Italy. The main products exported from Uzbekistan to Italy were Gold ($76.6M), Light Rubberized Knitted Fabric ($38.2M), and Non-Retail Pure Cotton Yarn ($26.6M). During the last 5 years the exports of Uzbekistan to Italy have increased at an annualized rate of 24%, from $18.5M in 2023 to $198M in 2018.

Exports from Italy (Flag) to Uzbekistan (Flag) (2023)

Exports from Uzbekistan (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Uzbekistan
Top DestinationSwitzerland$8.18B

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

In 2023, countries that imported more from Italy than Uzbekistan included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Uzbekistan than Italy included Afghanistan ($766M), Kyrgyzstan ($769M), and Tajikistan ($489M).

Difference in imports from Uzbekistan (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Uzbekistan

Flow
Scale

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

During 2023, Italy had a large net trade with Uzbekistan in the exports of Machines ($285M), Chemical Products ($37.2M), and Textiles ($21.7M).

During 2018, Uzbekistan had a large net trade with Italy in the exports of Precious Metals ($86.6M), Textiles ($75.1M), and Chemical Products ($11.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Uzbekistan+$14.2MPackaged Medicaments
Top Product Potential Uzbekistan Italy+$39.1MGold

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 Italy and Uzbekistan. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Uzbekistan. Similarly, a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Uzbekistan (Flag) (2023)

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