Uzbekistan (UZB) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Uzbekistan-Singapore Trade: In 2023, Uzbekistan exported $62.4M to Singapore. The main products that Uzbekistan exported to Singapore were Raw Iron Bars ($57.3M), Cement ($2.55M), and Iron Blocks ($1.22M). Over the past 5 years the exports of Uzbekistan to Singapore have increased at an annualized rate of 0.37%, from $61.3M in 2018 to $62.4M in 2023.

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

Singapore-Uzbekistan Trade: In 2023, Singapore exported $142M to Uzbekistan. The main products that Singapore exported to Uzbekistan were Copper Ore ($101M), Gas Turbines ($20.1M), and Rubberworking Machinery ($10.7M). Over the past 5 years the exports of Singapore to Uzbekistan have increased at an annualized rate of 61%, from $13.1M in 2018 to $142M in 2023.

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). That same year, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $62.4M to Singapore. The main products exported from Uzbekistan to Singapore were Raw Iron Bars ($57.3M), Cement ($2.55M), and Iron Blocks ($1.22M). During the last 5 years the exports of Uzbekistan to Singapore have increased at an annualized rate of 0.37%, from $61.3M in 2018 to $62.4M in 2023.

In 2018, Singapore exported $142M to Uzbekistan. The main products exported from Singapore to Uzbekistan were Copper Ore ($101M), Gas Turbines ($20.1M), and Rubberworking Machinery ($10.7M). During the last 5 years the exports of Singapore to Uzbekistan have increased at an annualized rate of 61%, from $13.1M in 2023 to $142M in 2018.

Exports from Uzbekistan () to Singapore () (2023)

Exports from Singapore () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Singapore ()

Uzbekistan Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Uzbekistan than Singapore included Switzerland ($8.18B), Russia ($3.02B), and Kazakhstan ($1.37B).

In 2023, countries that imported more from Singapore than Uzbekistan included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

Difference in imports from Singapore () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Singapore in the exports of Metals ($59.7M), Mineral Products ($2.56M), and Foodstuffs ($75.4k).

During 2018, Singapore had a large net trade with Uzbekistan in the exports of Mineral Products ($103M), Machines ($32.9M), and Instruments ($2.42M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Singapore+$111kIntegrated Circuits

Top Product Potential Singapore Uzbekistan+$4.4MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Singapore () (2023)

Exports from Singapore () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Singapore ()

Uzbekistan Exports

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Singapore () (2023)

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