The former Soviet republic of Uzbekistan is a member of the Turkic world and an organization of the Turkic States. This nation is one of the top globally thriving economies across the globe with the advancing rate of imports and exports accounting for the majority of trade revenue. The historical significance of the nation starts from the establishment of the Empire of the Eastern Iranian Nomads, popularly known as Scythians of that time. Tashkent is the capital city of the nation accounting for more than half of the annual generated revenue with its wide amount of trade exports.
The trade rate of Uzbekistan is growing exponentially by the balanced trade of imports and exports showcasing its advancing global trade. The economic diversification and modernization in Uzbekistan have reached new heights in the present years. The attributing factors along with the government incentives have recorded a GDP of 81 billion US dollars in 2022 accompanied by an import trade value of 15.6 billion US dollars.