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    Uzbekistan imports 83,800 cars from China in 11M 2023

    Uzbekistan imports 83,800 cars from China in 11M 2023

    Uzbekistan has witnessed a remarkable surge in the import of passenger cars from China over the course of 11M 2023, marking a sixfold increase, as per the data reported by Tazabek, citing information from the General Administration of Customs of China.

    BYD car at the Uzbekistan-China Cooperation Expo.
    Source: Daryo / Madina Nurman

    In 11M 2023, the volume of exported passenger cars from China to Uzbekistan skyrocketed to 83,800 units, reaching $1.5bn, a figure six times higher than previous records. The average prices for the exported vehicles remained steady at $18,000.

    Earlier in 9M 2023 Uzbekistan has substantially augmented its imports from China, recording a 5.8 times increase, totaling 65,300 vehicles. The supply of cars in monetary terms surged 5.9 times to $1.2bn, and the average car price saw a 2.4% rise to $18,600.

    Moreover, in 8M 2023, Uzbekistan has significantly bolstered its imports of electric vehicles (EVs), reporting an influx of almost 1,500 EVs at a cost of $46.4mn. This marks an increase of 1,000 units compared to the same period last year. Notably, nearly 90% of these electric cars were imported from China, with the UAE, Germany, and Hong Kong following in the rankings.

    Additionally, in July, there was a resurgence in the demand for cars, with a 40% increase in sales of electric vehicles. The continuous growth in the car trade underscores the evolving dynamics of the automotive market between China and Uzbekistan.

     

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    26.12.2023, 19:47   Comments (0)   3701
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