Merchandise Trade Balance in Uzbekistan
In the year 2024, the merchandise trade balance in Uzbekistan was USD -13.95 billion, compared to USD -2.96 billion in 2014 and USD -14.86 billion in 2023. It averaged USD -7.21 billion over the last decade. For more trade information, visit our dedicated page.
Uzbekistan Trade Chart
Note: This chart displays Trade Balance (USD billion) for Uzbekistan from 2014 to 2024.
Source: Macrobond.
Uzbekistan Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -6.2 | -8.8 | -11.7 | -14.9 | -13.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Uzbekian trade projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Uzbekian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Uzbekian trade projections.
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