2023
Exports
$217MWorld Rnk 24 / 136
Flag Rnk 18 / 987
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$12.2MWorld Rnk 46 / 179
Flag Rnk 356 / 1154
2023
ECONOMIC COMPLEXITY of Uzbekistan
-0.22Rnk 74 / 132

About

Exports In 2023, Uzbekistan exported $217M in Silver, making it the 24th largest exporter of Silver in the world. At the same year, Silver was the 18th most exported product in Uzbekistan. The main destination of Silver exports from Uzbekistan are: United Kingdom ($86.5M), Turkey ($52M), Canada ($34M), United States ($32.6M), and Italy ($10M).

The fastest growing export markets for Silver of Uzbekistan between 2022 and 2023 were Switzerland ($1.8M).

Imports In 2023, Uzbekistan imported $12.2M in Silver, becoming the 46th largest importer of Silver in the world. At the same year, Silver was the 356th most imported product in Uzbekistan. Uzbekistan imports Silver primarily from: Kazakhstan ($9.83M), Switzerland ($2.31M), Turkey ($69.5k), Estonia ($17.1k), and Italy ($8.45k).

The fastest growing import markets in Silver for Uzbekistan between 2022 and 2023 were Switzerland ($2.31M), Turkey ($50.3k), and Estonia ($17.1k).

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 Silver. 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)$217M
IMPORTS (2023)$12.2M
NET TRADE (2023)$205M

In 2023, Uzbekistan exported $217M in Silver. The main destinations of Uzbekistan exports on Silver were United Kingdom ($86.5M), Turkey ($52M), Canada ($34M), United States ($32.6M), and Italy ($10M).

In 2023, Uzbekistan imported $12.2M in Silver, mainly from Kazakhstan ($9.83M), Switzerland ($2.31M), Turkey ($69.5k), Estonia ($17.1k), and Italy ($8.45k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Uzbekistan WERE (2022 - 2023):Switzerland$1.8M (4.66k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Uzbekistan WERE (2022 - 2023):
India-$55M (-100%)
Canada-$22M (-39.2%)
Italy-$17.3M (-63.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Uzbekistan's main exporting competitors in Silver were:
In 2023, Uzbekistan's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.3M
TOP IMPORT POTENTIALKazakhstan+ $1.36M

Silver’s highest export potential is United States. With an export gap of $23.3M.   Silver’s highest import potential is Kazakhstan with an import gap of $1.36M.

See methodology.

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