Uzbekistan - France Trade 2023 Q3: Deficit & Tech Imbalance
Key Market Takeaways: Uzbekistan - France Trade
The bilateral trade relationship between Uzbekistan and France is marked by heavy import reliance and volatile growth in 2023 Q3.
- Deficit-Driven Trade: Uzbekistan posted a $155.09M trade deficit, with imports ($156.20M) dwarfing exports ($1.11M). September saw a 108% YoY export surge, but volumes remain negligible.
- Resource-for-Tech Exchange: Uzbekistan - France trade statistics reveal a lopsided structure: raw materials (gums, resins) make up 35% of exports, while aerospace components dominate 38% of imports.
- Asymmetric Complementarity: France holds the high-value position, supplying critical tech, while Uzbekistan’s role is limited to low-processed commodities.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Uzbekistan-France Trade Trend in Q3 2023
Uzbekistan Export Performance: Shipments to France
- Total Volume: Exports to France totaled $1.11M in Q3 2023.
- Growth Trend & Context:
- YoY growth was mixed, with September (+108.13%) offsetting earlier declines (August: -86.07%, July: -20.25%).
- Key Volatility: September saw a 777.96% MoM surge, while August posted a sharp -85.73% MoM drop.
Uzbekistan Import Performance: Sourcing from France
- Total Volume: Imports from France reached $156.20M in Q3 2023.
- Growth Trend & Context:
- Despite a strong YoY expansion in July (+446.79%), growth tapered off (August: +75.84%, September: +32.82%).
- Key Volatility: July imports spiked 321.82% MoM, then fell -51.16% MoM in August.
Uzbekistan - France Trade Balance & Market Dynamics
- Net Position: Uzbekistan ran a trade deficit of $155.09M (Imports: $156.20M > Exports: $1.11M).
- Relationship Status: Heavy import reliance on France, with exports negligible by comparison.
Uzbekistan Import Trend from France 2023 Q3 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jul | 85.00M | 321.82% | 446.79% |
| Aug | 41.51M | -51.16% | 75.84% |
| Sep | 29.69M | -28.49% | 32.82% |
| Total | 156.20M | - | - |
Uzbekistan Export Trend to France 2023 Q3 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jul | 461.68K | 232.09% | -20.25% |
| Aug | 65.88K | -85.73% | -86.07% |
| Sep | 578.44K | 777.96% | 108.13% |
| Total | 1.11M | - | - |
Get Historical Uzbekistan France Trade Records
Uzbekistan-France Top Trading Products in Q3 2023
Uzbekistan Export Profile: What Does Uzbekistan Sell to France
- Top Commodity: HS Code 13 (Lac; gums, resins, and other vegetable saps and extracts) dominates with 35.05% share.
- Demand Driver: France likely uses these raw materials for industrial processing, such as pharmaceuticals or food additives.
- Concentration: The top two categories (HS 13 and 49) account for 64.65%, indicating high trade concentration.
Uzbekistan Import Profile: What Does Uzbekistan Buy from France
- Top Commodity: HS Code 88 (Aircraft, spacecraft, and parts) leads with 38.47% share.
- Dependency Nature: Critical technology dependency, as Uzbekistan relies on France for high-value aerospace components.
Uzbekistan - France Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Uzbekistan exports raw materials (gums, textiles) while importing high-tech aerospace goods.
- Value Chain Position: France holds the higher value-add position, supplying advanced machinery and aircraft, while Uzbekistan provides low-processed commodities.
Import Analysis by Product: France to Uzbekistan (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 88 | 60.08M | 38.47% |
| 33 | 26.96M | 17.26% |
| 38 | 26.41M | 16.91% |
| 84 | 11.09M | 7.10% |
| 21 | 5.54M | 3.54% |
| 86 | 4.12M | 2.64% |
| 30 | 3.73M | 2.39% |
| 90 | 2.98M | 1.91% |
| 87 | 2.15M | 1.38% |
| 29 | 1.42M | 0.91% |
Export Analysis by Product: Uzbekistan to France (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 13 | 387.60K | 35.05% |
| 49 | 327.35K | 29.60% |
| 61 | 152.90K | 13.82% |
| 73 | 90.91K | 8.22% |
| 07 | 63.00K | 5.70% |
| 69 | 25.42K | 2.30% |
| 95 | 12.08K | 1.09% |
| 62 | 11.85K | 1.07% |
| 42 | 11.24K | 1.02% |
| 63 | 5.74K | 0.52% |
Check Detailed Uzbekistan-France Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
The Uzbekistan-France trade relationship is poised for moderate growth in the near term, driven by France’s sustained demand for Uzbek raw materials (HS 13) and Uzbekistan’s reliance on French aerospace technology (HS 88). However, the extreme volatility in monthly trade flows—particularly in exports—suggests that short-term disruptions could persist. The widening trade deficit ($155.09M in Q3) underscores the need for Uzbekistan to diversify its export basket beyond low-value commodities. Without structural shifts, the current resource-for-tech complementarity will likely deepen, reinforcing France’s high-value position while leaving Uzbekistan exposed to commodity price swings.
Strategic Moves
- Diversify Export Markets: Uzbek exporters must aggressively target alternative buyers for HS 13 (gums, resins) to reduce overreliance on France and mitigate price volatility. Exploring Southeast Asian or Middle Eastern markets could provide stability.
- Negotiate Long-Term Tech Transfer Agreements: Given Uzbekistan’s dependency on French aerospace imports, the government should secure joint ventures or knowledge-sharing deals to build domestic high-tech capacity, reducing future import bills.
- Stabilize Supply Chains for Key Exports: Traders shipping HS 13 and HS 49 (printed materials) should lock in multi-month contracts with French buyers to smooth out the erratic MoM swings (-86.07% in August to +108.13% in September).
Frequently Asked Questions
How did Uzbekistan - France trade perform in 2023 Q3?
Uzbekistan's exports to France totaled $1.11M, with mixed YoY growth, while imports from France reached $156.20M, showing strong YoY expansion in July but tapering off later.
What are the top exports from Uzbekistan to France?
The top exports are HS Code 13 (Lac; gums, resins, and other vegetable saps and extracts) and HS Code 49 (Printed books, newspapers, and other printed matter), accounting for 64.65% of total exports.
What does Uzbekistan import from France?
The top import is HS Code 88 (Aircraft, spacecraft, and parts), representing 38.47% of total imports, highlighting Uzbekistan's reliance on French high-tech aerospace components.
What is the trade balance between Uzbekistan and France?
Uzbekistan recorded a trade deficit of $155.09M with France in Q3 2023, driven by significantly higher imports compared to exports.
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