Statistical Analysis of the State of Development of Foreign Trade in Uzbekistan by the Method of Multi-Factor Indices
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Abstract
This study conducts a statistical analysis of foreign trade development in Uzbekistan using multi-factor indices. The research utilizes data on Uzbekistan's foreign trade from 2015-2024 to construct composite indices measuring export diversification, trade openness, and overall trade performance. Results indicate Uzbekistan has made progress in diversifying exports and increasing trade openness, but challenges remain in improving overall trade competitiveness. Policy recommendations are provided to further enhance Uzbekistan's foreign trade development.
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