Uzbekistan (UZB) and Italy (ITA) Trade | The Observatory of Economic Complexity

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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 44%, from $18.5M in 2017 to $115M in 2022.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 44%, from $18.5M in 2017 to $115M in 2022.

In 2017, 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 2022 to $454M in 2017.

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

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

Latest Data

Trade between Uzbekistan () and Italy ()

Uzbekistan Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Italy
Top DestinationGermany$78.5B

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

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

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

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

Comparative Advantage Uzbekistan - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Italy in the exports of Precious Metals ($50.6M), Textiles ($38.8M), and Chemical Products ($14.2M).

During 2017, Italy had a large net trade with Uzbekistan in the exports of Machines ($225M), Instruments ($63.4M), and Textiles ($33.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Italy+$39.1MGold

Top Product Potential Italy Uzbekistan+$14.2MPackaged Medicaments

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

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Uzbekistan () and Italy ()

Uzbekistan Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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