FACTORS INFLUENCING THE CURRENT STATE AND DEVELOPMENT OF THE COUNTRY'S EXPORT POTENTIAL

Abstract

This article analyzes the trade-based nature of the modern economy and the impact of access to the world market on the economies of countries. The intensification of the globalization process, the increase in the flow of goods and services, as well as the development of economic interdependence, are increasing competition between countries. The growth of exports has a positive effect on the country's economy, leading to an increase in production volumes, the creation of new jobs, and an increase in tax revenues. The increase in imports can have a negative impact on domestic production, especially due to the increase in imports of technological products and complex equipment.

The article presents an economic analysis of the economy of Uzbekistan and the impact of export-import on GDP using econometric methods. According to the results of the analysis, an increase in exports significantly increases GDP, while an increase in imports leads to a decrease in GDP. Economic indicators, export volumes, and activities of the industrial and service sectors in Uzbekistan by region are presented. The analysis emphasizes the need to diversify exports, manage imports, and develop domestic production to ensure sustainable economic growth. The article provides recommendations for increasing economic potential, reducing regional disparities, and developing economic diversification.