Trade Trend

In 2023, Uzbekistan's total export value is 19.98Billion USD, total import value is 35.64Billion USD, Deficit is -15.66Billion USD, and foreign trade dependency is 0.612. In 2023，Uzbekistan's top export products are Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(8.15Billion USD), Cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale(1.24Billion USD), Petroleum gases and other gaseous hydrocarbons(565.55Million USD), top export destinations are None(9.13Billion USD), Russia(2.58Billion USD), China(1.76Billion USD). In 2023, Uzbekistan's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(1.84Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(1.49Billion USD), Aircraft n.e.c. in heading no. 8801, except unmanned aircraft of heading 8806, (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles(1.49Billion USD), top import origins are China(11.17Billion USD), Russia(5.79Billion USD), Kazakhstan(2.96Billion USD).

Comparing to 2022, Uzbekistan's total export value increased 4.69Billion USD(30.69%) in 2023, this could result from its export increases of products such as Gold (including gold plated with platinum) unwrought or in semimanufactured forms, or in powder form(4.04Billion USD or 98.37%), Commodities not specified according to kind(140.01Million USD or 43.78%), Wheat or meslin flour(123.87Million USD or 46.13%) and export increases to countries/economics such as None(4.56Billion USD or 99.56%), Afghanistan(122.20Million USD or 23.28%), United Arab Emirates(105.67Million USD or 395.69%). Comparing to 2022, Uzbekistan's total import value increased 7.38Billion USD(26.09%) in 2023, this could result from its import increases of products such as Aircraft n.e.c. in heading no. 8801, except unmanned aircraft of heading 8806, (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles(1.12Billion USD or 305.50%), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(1.06Billion USD or 136.39%), Semiconductor devices (e.g. diodes, transistors, semiconductor based transducers); including photovoltaic cells assembled or not in modules or panels, lightemitting diodes (LED) assembled with other LEDs or not, mounted piezoelectric crystals(411.04Million USD or 513.49%), and its import increases from countries/economies such as China(4.85Billion USD or 76.77%), Germany(348.10Million USD or 34.45%), France(347.81Million USD or 130.74%).