Abstract: The ongoing economic instability around the world requires the implementation of systemic reforms to stabilize the external economic activity of countries. From this point of view, this article identifies the existing opportunities and problems based on the analysis of the reforms and their results, foreign trade indicators in the field of foreign economic activity of Uzbekistan. At the same time, in the article, proposals and recommendations have been developed on measures that need to be solved for the development of the industry, including issues such as localization of production, stabilization of the activity of free economic zones.

Keywords: National economy, foreign economic activity, trade, export, import, localization, free economic zone, market,foreign investment.