Uzbekistan Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Uzbekistan's trade balance was $-21.4B in 2025, ranked 168th globally. This represents a 22.3% decrease from 2024. Data from World Bank, covering 1997–2025.
Overview
Uzbekistan's trade balance stood at $-21.4B in 2025, a decline of +$3.9B from 2024. Based on recent trends, this figure is projected to reach $-21.4B by 2025. Uzbekistan ranked 168th globally.
Uzbekistan’s trade balance has deteriorated sharply, moving from a modest deficit of ‑439,441,509.43 in 1997 to a massive shortfall of ‑21,374,171,279.31 in 2025, ranking 168th globally. The only positive episode occurred in 2007, when the balance briefly turned into a surplus of 1,099,430,936.78, but subsequent years saw a persistent widening of the gap, culminating in the all‑time trough recorded in 2025. This downward trajectory mirrors the experience of other middle‑income exporters such as Guatemala, whose 2025 deficit of ‑21,286,758,044.75 places it in a comparable position, and contrasts with the more stable balances of Romania and Colombia. The expansion of imports relative to export growth, coupled with limited diversification of export commodities, underpins the persistent deficit. Unless structural reforms boost export competitiveness and curtail non‑essential imports, the trade balance is likely to remain deeply negative in the near term.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-26.4B | - | - |
| 2026* trend | $-23.9B | - | - |
| 2025* trend | $-21.4B | - | - |
| 2025 | $-21.4B | −$3.9B | #168 |
| 2024 | $-17.5B | +$241.6M | #15 |
| 2023 | $-17.7B | −$3.0B | #12 |
| 2022 | $-14.7B | −$3.2B | #19 |
| 2021 | $-11.5B | −$3.4B | #16 |
| 2020 | $-8.1B | +$1.5B | #18 |
| 2019 | $-9.6B | −$333.9M | #20 |
| 2018 | $-9.3B | −$5.4B | #19 |
| 2017 | $-3.9B | −$5.2M | #28 |
| 2016 | $-3.9B | −$1.1B | #32 |
| 2015 | $-2.8B | +$682.8M | #48 |
| 2014 | $-3.4B | +$273.4M | #38 |
| 2013 | $-3.7B | +$107.5M | #38 |
| 2012 | $-3.8B | −$2.5B | #38 |
| 2011 | $-1.4B | −$1.0B | #69 |
Detected Pattern
Analysis
Uzbekistan matched the Orthodox Tightening Cycle pattern in 2018. Historically, 57% of countries showing this pattern (177 out of 311) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Uzbekistan's trade balance was $-21.4B in 2025. Ranked 168th globally. This represents a 22.3% decrease from the previous year.
Uzbekistan's trade balance peaked at $1.1B in 2007.
The lowest trade balance in Uzbekistan was $-21.4B in 2025.
Uzbekistan ranks 168th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Uzbekistan's trade balance is projected to reach $-21.4B by 2025 based on trend extrapolation.
The trade balance of Uzbekistan in 2025 was $-21.4B. This ranks 168th in the world.
Cite this page
@misc{historysaid_uzbekistan_trade-balance,
title = {Uzbekistan Trade Balance},
url = {https://historysaid.com/uzbekistan/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}