Country intelligence · UZB · 2024

Uzbekistan trade profile

In 2024, Uzbekistan recorded $22.1B in merchandise exports and $35.4B in imports, producing a $13.3B trade deficit. Exports changed -1.2% from the previous year, while imports changed -4.1%.[1]

Exports

$22.1B

-1.2%

Imports

$35.4B

-4.1%

Trade balance

-$13.3B

deficit

Active partners

270

10 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$22.1B$35.4B-$13.3B-1.2%
2023$22.3B$36.9B-$14.5B+33.0%
2022$16.8B$28.3B-$11.5B+10.7%
2021$15.2B$23.4B-$8.2B-2.3%
2020$15.5B$19.7B-$4.2B+21.2%
2019$12.8B$20.8B-$8.0B+40.6%
2018$9.1B$17.3B-$8.2B-5.5%
2017$9.6B$12.1B-$2.4B+18.5%
2016$8.1B$10.7B-$2.5B+11.3%
2015$7.3B$10.9B-$3.6B-10.0%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

28 active HS6 lines · 36 export partners

$10.2B
2

HS 74 · HS chapter

48 active HS6 lines · 56 export partners

$1.5B
3

HS 52 · HS chapter

114 active HS6 lines · 73 export partners

$1.4B
4

HS 27 · Mineral fuels and oils

40 active HS6 lines · 61 export partners

$1.2B
5

HS 31 · HS chapter

23 active HS6 lines · 74 export partners

$856.9M
6

HS 08 · HS chapter

60 active HS6 lines · 92 export partners

$794.8M
7

HS 61 · HS chapter

106 active HS6 lines · 89 export partners

$742.1M
8

HS 07 · HS chapter

57 active HS6 lines · 75 export partners

$631.7M

Leading export markets

Destinations rank bilateral export flows from Uzbekistan; growth describes each corridor rather than the whole economy.

1

Switzerland

Annual change -24.1% · 3-year CAGR 29.9%

$5.9B
2

United Kingdom

Annual change +35.2% · 3-year CAGR 7.2%

$3.2B
3

Russia

Annual change -1.5% · 3-year CAGR 21.7%

$3.0B
4

China

Annual change +12.2% · 3-year CAGR -1.2%

$1.8B
5

Kazakhstan

Annual change -4.4% · 3-year CAGR 17.5%

$1.2B
6

Türkiye

Annual change -16.8% · 3-year CAGR -13.9%

$1.1B
7

United Arab Emirates

Annual change +208.5% · 3-year CAGR 137.0%

$1.0B
8

Afghanistan

Annual change +20.3% · 3-year CAGR 21.7%

$921.5M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.