The country occupies a land area of 448, 000 square kilometers and holds a population of 33 million people recording itself as one of the largest populated countries of the world. The nation's economy is majorly driven by the natural reserves present in the land surface area ranging from mineral resources to other materials including cotton, gold, and natural gas. The vast expansion of the manufacturing and tourism industries has led to an increased rate of imports due to increasing global domestic demands.

The GDP of the nation has seen too many ups and downs in the past few years due to its expanding efficacies in the industrial sectors. Due to the rapid advancement of all the accounting sectors, the country has achieved a boosted GDP by the rate of 5.2% in 2023 worth 72.4 billion US dollars in 2023. The increasing domestic demands of the country have led to an import trade value of 30 billion US dollars in 2023 followed by an export trade value of 50
billion US dollars.

Summary of Uzbekistan Import

- Largest Import Region – Mineral Fuels
- Top Importing Company – Uzavtosanoat
- Total Import Value – 30 billion US dollars
- Top Import Partner – China

Uzbekistan Imports

Uzbekistan has been evolving as one of the global traders by its increasing range of imports serving the efficacy of export production and the economic revenue of the nation. As per the Uzbekistan Import Data, the top imported products of the nation in 2023 are discussed below,

• Mineral Fuels and Oils – Valuation – 4 billion US dollars, Trade Share – 22%

Due to the increasing demand for energy resources in the nation, the demand for mineral fuels has been increased for energy generation. The dominating imports of mineral fuels and oils hold a trade share of 22%, and the valuations of subcategories are

1. Refined Petroleum – 2 billion US dollars
2. Coal Briquettes – 1 billion US dollars
3. Crude Petroleum – 500 million US dollars
4. Petroleum Gas – 400 million US dollars
5. Coke & Semi Coke – 100 million US dollars

• Machinery and Mechanical Appliances – Valuation – 3 billion US dollars, Trade Share – 10%

With a vast demand for machinery and mechanical appliances, the product has dominated the other imports capturing a second rank. The valuation of subcategories of machinery imports is discussed below,

1. Electrical Machinery and Equipment – 1.5 billion US dollars
2. Machinery for Special Industries – 1 billion US dollars
3. General Industrial Machinery – 700 million US dollars
4. Machinery Parts – 600 million US dollars
5. Road Vehicles – 500 million US dollars

• Electrical Machinery and Equipment – Valuation – 2 billion US dollars, Trade Share – 6%

The valuation of subcategories of electrical machinery and equipment with a trade share of 6% in 2023 are discussed below,

1. Electrical motors and generators – 1 billion US dollars
2. Electrical Transformers – 900 million US dollars
3. Switches, Relays, Fuses, and other control devices – 700 million US dollars
4. Electrical Capacitors – 600 million US dollars
5. Electric Wires and Cables – 300 million US dollars

• Vehicles – Valuation – 1 billion US dollars, Trade Share – 5%
The demand for automotive products across different portions of the region has led to the vast trade value of vehicles in 2023. The valuation of subcategories of vehicles is discussed below,

1. Cars – 900 million US dollars
2. Trucks – 700 million US dollars
3. Motorcycles – 400 million US dollars
4. Tractors – 300 million US dollars
5. Buses – 200 million US dollars

• Plastics and Plastic Articles – Valuation – 900 million US dollars, Trade Share – 4.8%

The import trade rate of plastics and plastic articles has increased in the country in the past few decades; the occupied trade share of subcategories of plastic valuation in 2023 is discussed below,

1. Plastics and Articles Made from Polymers of Ethylene – 600 million US dollars
2. Self-Adhesive Plates, Sheets, Film, or Foil - 500 million US dollars
3. Floor Coverings - 400 million US dollars
4. Tableware & Kitchenware - 300 million US dollars
5. Miscellaneous Plastic Items - 200 million US dollars

• Iron & Steel – Valuation – 600 million US dollars, Trade Share – 3%

The valuation of subcategories of iron and steel imports with a trade share of 3% in Uzbekistan imports are discussed below,

1. Flat-rolled products – 400 million US dollars
2. Iron ores and concentrates – 350 million US dollars
3. Semi-finished products – 200 million US dollars
4. Tubes, pipes, and fittings – 150 million US dollars
5. Wire rods – 100 million US dollars

• Pharmaceuticals Products – Valuation – 500 million US dollars, Trade Share – 2.8%

According to the Uzbekistan Customs Data, the different subcategories of pharmaceuticals imports in 2023 are discussed below,

1. Medicaments for Therapeutic or Prophylactic Use – 300 million US dollars
2. Diagnostic or Laboratory Reagents – 150 million US dollars
3. Vaccines for Human Medicine – 100 million US dollars
4. Dental Preparations – 80 million US dollars
5. Pharmaceutical Goods for R&D – 70 million US dollars

• Organic Chemicals – Valuation – 400 million US dollars, Trade Share – 2%

The medicinal industry of the nation has been demanding different types of organic chemical imports leading to a trade share of 2% in 2023, the valuation of subcategories are

1. Medicinal and Pharmaceutical Products – 150 million US dollars
2. Organic Chemical Compounds – 100 million US dollars
3. Fertilizers – 70 million US dollars
4. Essential Oils & Perfumes – 60 million US dollars
5. Pesticides & Other Agrochemicals – 50 million US dollars

• Articles of Iron & Steel – Valuation – 300 million US dollars, Trade Share – 1.5%

The subcategories valuation of iron and steel imports in 2023 with a trade share of 1.5% are discussed below,

1. Iron or non-alloy steel bars and rods – 150 million US dollars
2. Flat-rolled products – 90 million US dollars
3. Iron ore – 80 million US dollars
4. Ferroalloys – 70 million US dollars
5. Other articles made from iron or non-alloy steel – 50 million US dollars

• Optical, Photographic, and Medical Equipment – Valuation – 200 million US dollars, Trade Share – 1%

The increasing domestic demands for photographic and medical equipment in 2023 has led to an import trade value of the following subcategories as follows,

1. Lenses – 100 million US dollars
2. X-ray Apparatus – 80 million US dollars
3. Surgical Instruments and Appliances – 40 million US dollars
4. Spectacles & Frames – 30 million US dollars
5. Photographic Cameras – 20 million US dollars

Top Import Partners of Uzbekistan 2023

For increasing the production efficacy of the industries and to accompany the export trade rates by boosting the industrial production Uzbekistan has expanded its import trade reach to different nations across the world. According to the Uzbekistan Trade Data, the top import destinations of the nation in 2023 with its trade values are discussed below,

1. China – Uzbekistan imports from China in 2023 is worth 4.6 billion US dollars.

2. Russia – Uzbekistan imports from Russia in 2023 is worth billion 3.8 US dollars.

3. South Korea – Uzbekistan imports from South Korea in 2023 is worth 2 billion US dollars.

4. Turkey – Uzbekistan imports from Turkey in 2023 is worth 1.6 billion US dollars.

5. Kazakhstan – Uzbekistan imports from Kazakhstan in 2023 is worth 1.5 billion US dollars.

6. Germany – Uzbekistan imports from Germany in 2023 are worth 1.2 billion US dollars.

7. Ukraine – Uzbekistan imports from Ukraine in 2023 is worth 900 million US dollars.

8. UAE – Uzbekistan imports from UAE in 2023 is worth 800 million US dollars.

9. Japan – Uzbekistan imports from Japan in 2023 are worth 300 million US dollars.

10. Belarus – Uzbekistan imports from Belarus in 2023 is worth 200 million US dollars.

Top Importing Companies of Uzbekistan

The Uzbekistan Import Customs Shipment Data enlists the below-mentioned companies as the top importers; the significant valuations are discussed below,

1. Uzavtosanoat – 10 billion US dollars
2. GM Powertrain Uzbekistan – 8 billion US dollars
3. Agro Invest Group – 7 billion US dollars
4. Navoi Mining & Metallurgical Combinat (NMMC) – 5 billion US dollars
5. Korzinka.UZ – 4 billion US dollars
6. National Bank for Foreign Economic Activity – 3.5 billion US dollars
7. Uzbekneftegaz – 3 billion US dollars
8. UzChasys – 2 billion US dollars
9. Kamolot Group – 1.5 billion US dollars
10. Sodiq Plastik Invest – 1 billion US dollars

FAQ’s

Que. Who is the top importing company of Uzbekistan in 2023?
Ans. Uzavtosanoat is the top importing company of Uzbekistan in 2023.

Que. What is the import trade value of Uzbekistan in 2023?
Ans. The import trade value of Uzbekistan in 2023 is 30 billion US dollars.

Que. Where can you get the detailed trade analysis of Uzbekistan 2023?
Ans. At Import Globals, you can get a detailed trade analysis of Uzbekistan in 2023.

www.importglobals.com ; info@importglobals.com