Top Uzbekistan Exports 2023: Commodity Dominance
Uzbekistan Export Portfolio Overview in 2023 Whole Year
- Dominated by precious metals and stones (HS 71: 41.12%, $8.34B) and cotton (HS 52: 7.73%, $1.57B).
- High concentration risk: top two sectors account for nearly half of all exports, creating vulnerability to commodity price swings and demand shifts.
- Reflects an economy heavily anchored in raw material extraction and agriculture, with limited downstream value addition.
Table: Uzbekistan Top Export Product in 2023 (Source: yTrade)
| HS Code | Description | Value | Percent |
|---|---|---|---|
| 71 | Natural or cultured pearls, precious or semi-precious sto... | 8.34B | 41.12% |
| 52 | Cotton | 1.57B | 7.73% |
| 74 | Copper and articles thereof | 1.20B | 5.94% |
| 61 | Articles of apparel and clothing accessories, knitted or ... | 1.02B | 5.05% |
| 27 | Mineral fuels, mineral oils and products of their distill... | 945.78M | 4.66% |
| 07 | Edible vegetables and certain roots and tubers | 576.35M | 2.84% |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 572.66M | 2.82% |
| 87 | Vehicles other than railway or tramway rolling-stock, and... | 507.15M | 2.50% |
| 84 | Nuclear reactors, boilers, machinery and mechanical appli... | 474.83M | 2.34% |
| 99 | Description not available | 474.63M | 2.34% |
Get Complete Uzbekistan Export HS Code Breakdown
Key Driver: Precious Metals and Stones
- Driven by unwrought gold (HS 7108: $8.15B, 97.76% of sector).
- Product type: raw material, exported in primary form with minimal processing.
- Dominance stems from Uzbekistan’s substantial gold reserves and mining capacity, not labor or tech intensity—this is a resource-play, not a value-add one.
Table: HS Code 71 Detailed Breakdown
| HS Code | Value | Percent |
|---|---|---|
| 7108 | 8.15B | 97.76% |
| 7106 | 102.80M | 1.23% |
| 7113 | 40.96M | 0.49% |
| 7112 | 39.24M | 0.47% |
| 7110 | 3.60M | 0.04% |
| 7103 | 274.07K | 0.00% |
| 7104 | 44.38K | 0.00% |
| 7117 | 8.47K | 0.00% |
Get Complete Uzbekistan Export HS Code Breakdown
Key Driver: Cotton
- Driven by cotton yarn (HS 5205: $1.32B, 83.90% of sector).
- Acts as a complement to precious metals—another raw/extractive export, but with slightly more processing (yarn vs. unwrought metal).
- Strategically important as a historic sector with established supply chains, yet still exposed to global commodity cycles.
Table: HS Code 52 Detailed Breakdown
| HS Code | Value | Percent |
|---|---|---|
| 5205 | 1.32B | 83.90% |
| 5208 | 170.44M | 10.86% |
| 5202 | 51.04M | 3.25% |
| 5206 | 13.32M | 0.85% |
| 5209 | 12.94M | 0.82% |
| 5211 | 3.58M | 0.23% |
| 5212 | 965.19K | 0.06% |
| 5210 | 125.02K | 0.01% |
| 5201 | 70.03K | 0.00% |
| 5207 | 60.43K | 0.00% |
Get Complete Uzbekistan Export HS Code Breakdown
Key Driver: Copper and Articles Thereof
- Driven by refined copper and copper alloys (HS 7403: $508.77M, 42.23% of sector).
- Mix of raw (unwrought copper) and semi-processed goods (alloys, wires, tubes).
- Represents a stable legacy sector—Uzbekistan has copper reserves and mid-stream processing capacity, but scale remains modest compared to gold or cotton.
Table: HS Code 74 Detailed Breakdown
| HS Code | Value | Percent |
|---|---|---|
| 7403 | 508.77M | 42.23% |
| 7408 | 340.82M | 28.29% |
| 7411 | 259.44M | 21.54% |
| 7407 | 23.75M | 1.97% |
| 7402 | 23.44M | 1.95% |
| 7409 | 21.96M | 1.82% |
| 7413 | 18.89M | 1.57% |
| 7410 | 4.60M | 0.38% |
| 7412 | 2.18M | 0.18% |
| 7419 | 692.94K | 0.06% |
Access Uzbekistan Complete Export Profile
Frequently Asked Questions
What is Uzbekistan's largest export commodity in 2023 Whole Year?
The largest export category is Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin (HS 71), valued at $8.34B. This sector is primarily driven by exports of Gold (including gold plated with platinum) in unwrought forms (HS 7108), accounting for 97.76% of the category's total value.
Which specific Natural or cultured pearls, precious metals products does Uzbekistan export most in 2023 Whole Year?
Within the HS 71 sector, the top exports are:
- Gold (including gold plated with platinum) in unwrought forms (HS 7108) – $8.15B
- Silver in unwrought forms (HS 7106) – $102.80M
- Articles of jewellery and parts thereof, of precious metal (HS 7113) – $40.96M
Does Uzbekistan export Cotton in 2023 Whole Year?
Yes, Cotton (HS 52) is Uzbekistan’s second-largest export sector, valued at $1.57B. The primary driver is Cotton yarn (not put up for retail sale) (HS 5205), contributing 83.90% of the sector’s total value.
What are the main industries driving Uzbekistan's economy?
Uzbekistan’s economy is heavily reliant on its top three export sectors:
- Precious metals & stones (HS 71) – $8.34B (41.12%)
- Cotton (HS 52) – $1.57B (7.73%)
- Copper & articles (HS 74) – $1.20B (5.94%)
How to find Uzbekistan Natural or cultured pearls, precious metals suppliers?
You can access a list of active suppliers and exporters for Precious metals & stones (HS 71) using the yTrade database, which provides detailed shipment records and company contacts.
Detailed Quarterly Report
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