2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

Italy-Uzbekistan Trade: In 2022, Italy exported $454M to Uzbekistan. The main products that Italy exported to Uzbekistan were Utility Meters ($52.4M), Artificial Textile Machinery ($38.3M), and Non-Knit Women's Suits ($18.6M). Over the past 5 years the exports of Italy to Uzbekistan have increased at an annualized rate of 18.2%, from $197M in 2017 to $454M in 2022.

In 2022, Italy did not export any services to Uzbekistan.

Uzbekistan-Italy Trade: In 2022, Uzbekistan exported $115M to Italy. The main products that Uzbekistan exported to Italy were Silver ($27.3M), Light Rubberized Knitted Fabric ($25.7M), and Gold ($23.3M). Over the past 5 years the exports of Uzbekistan to Italy have increased at an annualized rate of 16.4%,  from $18.5M in 2017 to $115M in 2022.

In 2022, Uzbekistan did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $454M to Uzbekistan. The main products exported from Italy to Uzbekistan were Utility Meters ($52.4M), Artificial Textile Machinery ($38.3M), and Non-Knit Women's Suits ($18.6M). During the last 5 years the exports of Italy to Uzbekistan have increased at an annualized rate of 18.2%, from $197M in 2017 to $454M in 2022.

In 2017, Uzbekistan exported $115M to Italy. The main products exported from Uzbekistan to Italy were Silver ($27.3M), Light Rubberized Knitted Fabric ($25.7M), and Gold ($23.3M). During the last 5 years the exports of Uzbekistan to Italy have increased at an annualized rate of 16.4%, from $18.5M in 2022 to $115M in 2017.

Exports from Italy (Flag) to Uzbekistan (Flag) (2022)

Exports from Uzbekistan (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Uzbekistan
Top Destination
Switzerland$4.29B

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

In 2022, countries that imported more from Italy than Uzbekistan included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Uzbekistan than Italy included Kyrgyzstan ($926M), Afghanistan ($525M), and Kazakhstan ($1.25B).

Difference in imports from Uzbekistan (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Uzbekistan

Flow
Scale

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

During 2022, Italy had a large net trade with Uzbekistan in the exports of Machines ($225M), Instruments ($63.4M), and Textiles ($33.3M).

During 2017, Uzbekistan had a large net trade with Italy in the exports of Precious Metals ($50.6M), Textiles ($38.8M), and Chemical Products ($14.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Uzbekistan+$14.2MPackaged Medicaments
Top Product Potential Uzbekistan Italy+$39.1MGold

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

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

Product Space of Italy (Flag) and Uzbekistan (Flag) (2022)

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