2023
Exports
$8MWorld Rnk 43 / 160
Flag Rnk 177 / 987
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2023
Imports
$45.9MWorld Rnk 31 / 206
Flag Rnk 165 / 1154
2023
ECONOMIC COMPLEXITY of Uzbekistan
-0.22Rnk 74 / 132

About

Exports In 2023, Uzbekistan exported $8M in Electric Furnaces, making it the 43rd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 177th most exported product in Uzbekistan. The main destination of Electric Furnaces exports from Uzbekistan are: China ($7.57M), Turkey ($224k), Russia ($127k), Kazakhstan ($50.9k), and Tajikistan ($18.1k).

The fastest growing export markets for Electric Furnaces of Uzbekistan between 2022 and 2023 were Russia ($46.1k), Kazakhstan ($40.9k), and Qatar ($12.7k).

Imports In 2023, Uzbekistan imported $45.9M in Electric Furnaces, becoming the 31st largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 165th most imported product in Uzbekistan. Uzbekistan imports Electric Furnaces primarily from: Italy ($21.9M), China ($9.81M), Turkey ($3.79M), Germany ($2.71M), and France ($2.5M).

The fastest growing import markets in Electric Furnaces for Uzbekistan between 2022 and 2023 were Italy ($21.2M), Germany ($2.44M), and France ($2.21M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8M
IMPORTS (2023)$45.9M
NET TRADE (2023)-$37.9M

In 2023, Uzbekistan exported $8M in Electric Furnaces. The main destinations of Uzbekistan exports on Electric Furnaces were China ($7.57M), Turkey ($224k), Russia ($127k), Kazakhstan ($50.9k), and Tajikistan ($18.1k).

In 2023, Uzbekistan imported $45.9M in Electric Furnaces, mainly from Italy ($21.9M), China ($9.81M), Turkey ($3.79M), Germany ($2.71M), and France ($2.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Uzbekistan WERE (2022 - 2023):
Russia$46.1k (56.8%)
Kazakhstan$40.9k (409%)
Qatar$12.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Uzbekistan WERE (2022 - 2023):
China-$5.33M (-41.3%)
Turkey-$2.45M (-91.6%)
Lithuania-$471k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uzbekistan's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, Uzbekistan's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.36k
TOP IMPORT POTENTIALGermany+ $685k

Electric Furnaces’s highest export potential is Turkey. With an export gap of $5.36k.   Electric Furnaces’s highest import potential is Germany with an import gap of $685k.

See methodology.

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