Uzbekistan’s Automotive Imports: Trends and Market Shifts in Early 2025

Uzbekistan imported 4,415 passenger cars worth $75.9 million in the first two months of 2025, primarily from China and South Korea. However, car sales fell by 14.5% in February, indicating market shifts. Domestic car sales remained stable, while imports saw dramatic declines, particularly in hybrids and electric vehicles. February imports slightly increased but still showed significant year-on-year decreases.

In the first two months of 2025, Uzbekistan imported a total of 4,415 passenger cars, with the National Statistics Committee reporting a total import value of $75.9 million. China dominated the exports, sending 3,149 units, followed by South Korea with 1,191 units and Japan with just 32. Germany, the United States, and Mexico each contributed minimal numbers, providing 11, 8, and 8 cars respectively.

Despite these imports, passenger car sales in Uzbekistan experienced a significant decline of 14.5% in February 2025 compared to January, totaling 67,200 vehicles sold. This downturn was largely attributed to decreased activity in the foreign car segment, highlighting shifts in market dynamics that may affect consumer choices.

Sales of new domestically produced vehicles remained steady at 21,700 units, while new foreign car sales plummeted by over 50%. This trend suggests possible changing consumer preferences or supply chain disruptions affecting the availability of foreign vehicles.

The Customs Committee revealed dramatic declines in Uzbekistan’s car imports, with January imports dropping nearly sixfold from the previous year. Hybrid car imports saw an astonishing decrease of 31 times, leading to an overall total of 1,796 cars imported, valued at $31 million, which reflects a more than sevenfold drop. Electric vehicle imports also fell, declining by 2.5 times.

In February, imports rebounded slightly with 2,570 passenger cars valued at nearly $45 million brought into the country. However, this still represented a 3.53 times drop in value compared to the same period in 2024, while the total number of units imported decreased by 2.82 times.

In summary, Uzbekistan’s automotive import landscape reflected significant changes in early 2025, with notable imports from China and South Korea. However, market dynamics led to a dramatic decline in foreign vehicle sales and overall car imports, revealing potential shifts in consumer behavior and supply chain challenges. Despite some stability in domestic car production, the trends indicate a complex automotive market environment in Uzbekistan.

Original Source: daryo.uz