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The State of Development of Uzbekistan's Foreign Trade

Year: 2025

Type: article

Abstract: Foreign trade is a fundamental driver of Uzbekistan's economic growth, facilitating global economic integration, attracting foreign direct investment (FDI), and fostering industrial modernization. In 2023, Uzbekistan's total trade turnover amounted to $60.8 billion, reflecting a 23.5% year-on-year increase (State Committee on Statistics, 2024). This growth is attributed to a series of trade liberalization policies, economic diversification, and strategic partnerships with key trading blocs. However, challenges such as high reliance on primary commodities (gold and natural gas constitute 47% of exports), limited technological exports, and logistical constraints persist.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14868558

Author: Kamolov, Uygun

Language: English

Topic: Global Political and Economic Relations

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W6968549601

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