Uzbekistan-Russian Federation Bilateral Trade Analysis 2023
Complete trade statistics: $9.56B total volume โขUzbekistan deficit: $3.52B
Uzbekistan โ Russian Federation
$3.02B
Exports (2023)
Russian Federation โ Uzbekistan
$6.54B
Imports (2023)
Trade Balance
$3.52B
Deficit for Uzbekistan
Total Trade
$9.56B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Uzbekistan and Russian Federation. Green line shows exports from Uzbekistan, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Uzbekistan-Russian Federation commercial relationship and competitive positioning in global markets.
Uzbekistan โ Russian Federation Exports
Export Market Intelligence
๐ฏ Strategic Export Focus
Uzbekistan's export portfolio to Russian Federation demonstrates strong diversification across multiple sectors, with t-shirts, singlets and other vests: of cotton, knitted or crocheted representing a key competitive advantage in this bilateral market.
Russian Federation โ Uzbekistan Imports
Import Dependency Profile
๐ฆ Import Strategy Analysis
Uzbekistan's import pattern from Russian Federation reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Uzbekistan demonstrates competitive strength in exportingt-shirts, singlets and other vests: of cotton, knitted or crocheted to Russian Federation, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $9.56B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Uzbekistan-Russian Federation Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $9.56 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Uzbekistan maintains a deficit of $3.52 billion
- Export Focus: Uzbekistan's primary exports include t-shirts, singlets and other vests: of cotton, knitted or crocheted, cotton yarn: (not sewing thread), single, of uncombed fibres, 85% or more by weight of cotton, less than 714.29 but not less than 232.56 decitex (exceeding 14 but not exceeding 43 metric number), not for retail sale, kitchen and toilet linen: of terry towelling or similar terry fabrics, of cotton
- Import Dependencies: Key imports from Russian Federation include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm, oils: petroleum oils and oils obtained from bituminous minerals, crude
Strategic Trade Indicators
๐ Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $9.56B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Uzbekistan leveraging its comparative advantages in t-shirts, singlets and other vests: of cotton, knitted or crocheted.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Uzbekistan's specialization in t-shirts, singlets and other vests: of cotton, knitted or crochetedcomplements Russian Federation's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $9.56B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $9.56B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $9.56 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in t-shirts, singlets and other vests: of cotton, knitted or crocheted and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Uzbekistan's trade deficit of $3.52 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
๐Growth Opportunities
โ ๏ธRisk Factors
๐ฏStrategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Uzbekistan and Russian Federation represents a total trade volume of $9.56 billion in 2023. This partnership demonstrates an unfavorable trade balance for Uzbekistan, with imports exceeding exportsby $3.52 billion.
Export Strengths
Uzbekistan's exports to Russian Federation total $3.02 billion, with competitive advantages in t-shirts, singlets and other vests: of cotton, knitted or crocheted, representing $263.46M or8.7% of bilateral exports.
Import Dependencies
Imports from Russian Federation amount to $6.54 billion, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising12.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Uzbekistan's strategic sourcing from Russian Federation. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Uzbekistan and Russian Federation in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โข Last Updated: January 2025 โข Coverage: 1995-2023

