Uzbekistan imported 4,415 passenger cars in early 2025, valued at $75.9 million. China topped the exports list with 3,149 units. However, passenger car sales declined by 14.5% in February. Domestic sales remained stable, while foreign car sales plummeted. A notable drop in imports was observed in January, with a further decline in February compared to previous years.
In the first two months of 2025, Uzbekistan imported a total of 4,415 passenger cars, amounting to $75.9 million, as reported by the National Statistics Committee. China emerged as the leading exporter with 3,149 units, followed by South Korea with 1,191 units and Japan, which exported only 32 vehicles. Other exporters, including Germany, the United States, and Mexico, contributed minor quantities of 11, 8, and 8 cars, respectively.
Despite the influx of imports, passenger car sales in Uzbekistan experienced a notable decline of 14.5% in February compared to January, aggregating to 67,200 vehicles sold. This downturn is attributed to decreased activity in the foreign car segment, indicating changes in market conditions and consumer preferences.
Sales figures reveal that new domestically produced cars maintained stable numbers at 21,700 units, whereas sales of new foreign cars saw a significant dip, decreasing by over half. This trend may reflect evolving consumer preferences or disruptions within the supply chain affecting the availability of foreign vehicles.
The Customs Committee reported a severe decline in car imports for January, decreasing by nearly sixfold from the previous year, with hybrid car imports collapsing 31 times. In January alone, 1,796 passenger cars valued at $31 million were imported, indicating a more than sevenfold drop. Electric vehicle imports also faced reductions, contracting by 2.5 times.
In February, Uzbekistan imported 2,570 passenger cars valued at approximately $45 million. Comparatively, import volumes in value terms saw a substantial decrease of 3.53 times, with the number of units imported shrinking by 2.82 times relative to the same period in 2024.
The import dynamics of Uzbekistan’s passenger car market indicate significant fluctuations and challenges. While the import volume shows that China is a dominant supplier, the decline in sales of foreign cars and overall passenger car sales highlights changing consumer preferences and potential supply chain issues. The substantial drop in January imports emphasizes the overall volatility in the automotive market within Uzbekistan.
Original Source: daryo.uz