Uzbekistan - Pakistan Trade 2023 Whole Year: $94.59M Surplus
Key Market Takeaways: Uzbekistan - Pakistan Trade
The bilateral trade relationship between Uzbekistan and Pakistan shows growth with high volatility in 2023.
- Uzbekistan holds a $94.59M trade surplus, exporting $212.61M (mostly vegetables) while importing $118.02M (led by pharmaceuticals).
- Uzbekistan-Pakistan trade statistics reveal a resource-for-health exchange: Uzbekistan supplies raw agricultural goods (73.6% vegetables), while Pakistan delivers higher-value pharmaceuticals and processed foods.
- Complementary but lopsided: Uzbekistan’s export reliance on a single commodity contrasts with Pakistan’s diversified, value-added shipments, signaling untapped potential for deeper integration.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Uzbekistan-Pakistan Trade Trend in Whole Year 2023
Uzbekistan Export Performance: Shipments to Pakistan
- Total Volume: $212.61M in 2023.
- Growth Trend & Context:
- Volatile YoY performance, with spikes like February (+364.38%) and July (+266.1%) offset by December (-9.05%).
- No specific trade news to explain fluctuations.
- Key Volatility: July saw the highest MoM surge (+189.09%), while June recorded the sharpest drop (-68.25%).
Uzbekistan Import Performance: Sourcing from Pakistan
- Total Volume: $118.02M in 2023.
- Growth Trend & Context:
- Mixed YoY trends: Strong growth in May (+77.29%) but steep declines in November (-38.52%) and October (-31.46%).
- Key Volatility: February posted the highest monthly value ($14.74M), while September hit the lowest ($5.05M).
Uzbekistan - Pakistan Trade Balance & Market Dynamics
- Net Position: Trade Surplus of $94.59M (Exports $212.61M > Imports $118.02M).
- Relationship Status: Uzbekistan maintains a clear net exporter role, with exports nearly double imports. Volatility in both flows suggests uneven trade momentum.
Uzbekistan Import Trend from Pakistan 2023 Whole Year (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 8.92M | -7.56% | 6.97% |
| Feb | 14.74M | 65.27% | 4.44% |
| Mar | 21.46M | 45.54% | 30.43% |
| Apr | 14.25M | -33.57% | 42.15% |
| May | 11.15M | -21.77% | 77.29% |
| Jun | 7.73M | -30.69% | 18.87% |
| Jul | 8.28M | 7.18% | 4.51% |
| Aug | 5.73M | -30.85% | -11.39% |
| Sep | 5.05M | -11.89% | -13.88% |
| Oct | 5.33M | 5.73% | -31.46% |
| Nov | 6.99M | 30.99% | -38.52% |
| Dec | 8.39M | 20.09% | -13.02% |
| Total | 118.02M | - | - |
Uzbekistan Export Trend to Pakistan 2023 Whole Year (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 14.55M | -31.38% | 119.75% |
| Feb | 15.51M | 6.59% | 364.38% |
| Mar | 13.92M | -10.27% | 61.86% |
| Apr | 12.90M | -7.29% | 110.95% |
| May | 21.36M | 65.57% | 239.8% |
| Jun | 6.78M | -68.25% | 9.43% |
| Jul | 19.61M | 189.09% | 266.1% |
| Aug | 23.22M | 18.43% | 47.13% |
| Sep | 11.07M | -52.33% | 1.88% |
| Oct | 29.32M | 164.89% | 32.29% |
| Nov | 25.08M | -14.47% | 124.59% |
| Dec | 19.29M | -23.09% | -9.05% |
| Total | 212.61M | - | - |
Get Historical Uzbekistan Pakistan Trade Records
Uzbekistan-Pakistan Top Trading Products in Whole Year 2023
Uzbekistan Export Profile: What Does Uzbekistan Sell to Pakistan
- Top Commodity: HS Code 07 (Vegetables) dominates with 73.60% share.
- Demand Driver: Pakistan likely imports these for domestic consumption or food processing, given the high share of agricultural products (HS 07, 10, 08).
- Concentration: Extreme reliance on a single category (vegetables), accounting for nearly three-quarters of exports.
Uzbekistan Import Profile: What Does Uzbekistan Buy from Pakistan
- Top Commodity: HS Code 30 (Pharmaceuticals) leads with 21.07% share.
- Dependency Nature: Primarily pharmaceutical and agricultural imports (HS 30, 07, 02), suggesting a mix of healthcare needs and food supply reliance.
Uzbekistan - Pakistan Trade Relationship Dynamics
- The Exchange Model: Resource-for-Health Complementarity. Uzbekistan exports raw agricultural goods (vegetables, grains) to Pakistan, while importing pharmaceuticals and processed foods.
- Value Chain Position: Pakistan holds a higher value-add position, supplying finished goods (pharmaceuticals, sugar, edible preparations), whereas Uzbekistan's exports are predominantly low-processed agricultural commodities.
Import Analysis by Product: Pakistan to Uzbekistan (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 30 | 24.86M | 21.07% |
| 07 | 23.39M | 19.82% |
| 02 | 12.70M | 10.76% |
| 17 | 12.14M | 10.29% |
| 10 | 10.76M | 9.12% |
| 08 | 9.72M | 8.24% |
| 34 | 6.23M | 5.28% |
| 76 | 4.34M | 3.67% |
| 12 | 2.45M | 2.08% |
| 28 | 1.75M | 1.49% |
Export Analysis by Product: Uzbekistan to Pakistan (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 07 | 156.48M | 73.60% |
| 10 | 33.66M | 15.83% |
| 52 | 6.59M | 3.10% |
| 31 | 5.92M | 2.79% |
| 12 | 5.66M | 2.66% |
| 25 | 2.11M | 0.99% |
| 08 | 1.86M | 0.87% |
| 27 | 76.13K | 0.04% |
| 83 | 67.04K | 0.03% |
| 29 | 50.73K | 0.02% |
Check Detailed Uzbekistan-Pakistan Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
Uzbekistan’s trade surplus with Pakistan is likely to persist in 2024, driven by strong demand for its agricultural exports, particularly vegetables (HS 07). However, the high volatility in monthly trade flows signals potential supply chain disruptions or shifting demand patterns, requiring exporters to remain agile. Pakistan’s reliance on Uzbek agricultural goods and Uzbekistan’s need for Pakistani pharmaceuticals will sustain the resource-for-health complementarity, but diversification is critical to mitigate over-dependence on a single commodity. The Uzbekistan-Pakistan trade forecast suggests moderate growth, contingent on stabilizing trade momentum and addressing logistical inefficiencies.
Strategic Moves
- Diversify Export Basket: Uzbek exporters must reduce reliance on vegetables by expanding into higher-value processed agricultural goods (e.g., dried fruits, juices) to capture more of Pakistan’s food processing demand.
- Secure Long-Term Contracts: Given the volatility in pharmaceutical imports (HS 30), Uzbek importers should lock in stable pricing agreements with Pakistani suppliers to hedge against sudden price swings.
- Optimize Logistics: Both nations should invest in cross-border transport infrastructure, such as rail and cold storage, to minimize delays and spoilage of perishable goods, ensuring smoother trade flows.
Frequently Asked Questions
How did Uzbekistan - Pakistan trade perform in 2023 Whole Year?
Uzbekistan exported $212.61M and imported $118.02M from Pakistan in 2023, with volatile monthly growth but an overall trade surplus.
What are the top exports from Uzbekistan to Pakistan?
Vegetables (HS Code 07) dominated, accounting for 73.60% of Uzbekistan's exports to Pakistan, alongside other agricultural products like grains.
What does Uzbekistan import from Pakistan?
Pharmaceuticals (HS Code 30) were the top import, making up 21.07% of purchases, followed by agricultural and processed food items.
What is the trade balance between Uzbekistan and Pakistan?
Uzbekistan had a trade surplus of $94.59M, with exports nearly double imports, reflecting its net exporter role.
Uzbekistan - Mainland China Trade 2024 Q3: Deficit Widens
Uzbekistan's trade deficit with Mainland China hit $2.29B in Q3 2024, driven by copper exports and tech imports. Explore the latest Uzbekistan Mainland China trade trends on yTrade.
Uzbekistan - Pakistan Trade 2023 Q1: Volatile Growth & Deficit
Uzbekistan's Pakistan trade trend shows volatile growth with a $1.14M deficit in Q1 2023. Discover Uzbekistan-Pakistan top trading product insights via yTrade data.
