Ust-Yuguz (Russian: Усть-Югуз; Bashkir: Усть-Үгеҙ, Ust-Ügeź) is a rural locality (a village) in Zaimkinsky Selsoviet, Duvansky District, Bashkortostan, Russia.

Ust-Yuguz is located 94 km northwest of Mesyagutovo (the district's administrative centre) by road.

Ust-Ayaz is the nearest rural locality.

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