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Global economic crises have become one of the most significant external factors influencing international trade, production networks, investment flows, commodity prices, and the economic stability of developing countries. For Uzbekistan, which has been increasingly integrating into the global economy and expanding its foreign trade relations, external economic shocks may create both substantial risks and new opportunities. This study examines the impact of global economic crises on Uzbekistan’s foreign trade, with particular attention to export resilience, geographical and commodity diversification, logistics, exchange-rate flexibility, regional cooperation, and institutional mechanisms supporting trade adaptation. The research analyzes how disruptions caused by global recessions, geopolitical tensions, trade restrictions, supply-chain instability, fluctuations in commodity prices, and rising transportation costs affect the country’s export and import structure. Particular emphasis is placed on the ability of Uzbekistan’s export sector to maintain market access and respond to changes in external demand. The study argues that export diversification, development of higher value-added production, digitalization of customs and trade procedures, expansion of alternative transport corridors, regional economic cooperation, and deeper integration into global value chains are essential for strengthening the resilience of Uzbekistan’s foreign trade. The results suggest that a comprehensive and flexible trade policy can reduce vulnerability to external shocks while supporting long-term economic growth and international competitiveness.
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Yusupov et al. (2026) studied this question.
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