In May 2025, Uzbekistan’s import value totaled $4.095 billion, down 9.96% from April’s $4.548 billion, across 445,871 transaction records. According to NBD DATA, this month’s contraction reflects a combination of seasonal supply-chain adjustments and fluctuating domestic demand, even as key sectors continue to source critical inputs from global suppliers.
6-Month Trend Analysis
From December 2024 through May 2025, Uzbekistan’s import trajectory exhibited marked volatility. In December, imports peaked at $4.693 billion with 15,472 active domestic buyers and 539,192 records. January saw a pullback to $4.056 billion as buyer count dipped to 14,682 and records to 436,569. February continued the descent to $3.823 billion, 13,732 buyers, and 434,523 records. A modest recovery in March brought values to $3.906 billion (14,600 buyers, 392,060 records), followed by a stronger rebound in April at $4.548 billion, fueled by 21,049 buyers and 552,099 records. May’s near-10% decline suggests short-term recalibration after inventory build-up earlier in the spring.
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Top 10 Trade Partners
China led Uzbekistan’s imports at $571 million, with 4,355 local buyers and 4,195 Chinese suppliers across 2,461 product categories. Energy components and industrial machinery dominated, underscoring deepening China–Uzbekistan supply integration.
Russia ranked second at $228 million, engaging 1,389 Uzbek importers and 1,532 Russian exporters in 1,117 categories, primarily petrochemicals and fertilizer inputs supported by established transit corridors.
Turkey contributed $113 million (1,120 buyers, 1,497 suppliers, 1,398 categories), with textiles and light-industry goods leveraging competitive pricing and product diversity.
Kazakhstan accounted for $86 million (317 buyers, 289 suppliers, 275 categories), benefiting from shared infrastructure for mineral and basic chemical imports.
The remaining six partners—India, Germany, South Korea, Belarus, France—collectively total about $226 million in imports, spanning agro-commodities, high-precision machinery, and automotive parts, reflecting Uzbekistan’s strategic outreach to diversified markets.
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Fastest-Growing Partners
Malta delivered $9,121 in imports, surging 992.97% month-over-month on niche chemical deliveries concentrated in a single large order.
North Macedonia jumped 774.78% to $97,599, driven by a first-time bulk shipment of specialized mechanical components.
South Africa saw a 651.77% rise to $210,033, dominated by mineral and agricultural product consignments.
Peru grew 356.43% to $439,018 as coffee and specialty crops entered mainstream procurement lists.
Singapore climbed 341.36% to $124,413, led by electronic components and precision instruments, signaling stronger ties with Southeast Asian technology hubs.
HS-Code Product Trends & Buyers
Among the fastest-growing import categories:
HS271121 [Petroleum gases and other gaseous hydrocarbons; natural gas] imported $268.3 million (+142.56%), with leading buyers АО “UZGASTRADE” and other major energy conglomerates ramping up volumes.
HS841989 [Temperature-change machinery] at $20.13 million (+36.69%), contracted by OOO MURUVVAT-PROGRESS and АОАЛМАЛЫКСКИЙ ГМК, underlining a push for manufacturing modernization.
HS847989 [Specialized machines] at $20.40 million (+30.78%), with solar-project firms such as ИП ООО “HUADIAN JIZZAKH FORISH SOLAR POWER” and ИП ООО “SARIMAY SOLAR” sourcing key equipment.
HS490700 [Unused postage/revenue stamps & banknotes] at $450.1 million (+21.64%), bulk-purchased by АКБ ХАМКОРБАНК and ОАКБАГРОБАНК to support financial-system upgrades.
HS100199 [Wheat and meslin] at $50.68 million (+20.57%), led by OOO BESHEFAR BIZNES and “MILL MAX GROUP” MCHJ, highlighting ongoing food-security priorities.
Conclusion
May’s nearly 10% import decline follows a seasonally-driven peak in April; however, the six-month view reveals a resilient market characterized by cyclical rebounds. China, Russia, Turkey, and Kazakhstan remain foundational partners, while smaller markets like Malta and North Macedonia are emerging as high-growth niches. Rapid expansion in gas, specialized machinery, and financial-system inputs underscores Uzbekistan’s strategic emphasis on energy, industrial upgrade, and institutional modernization. NBD DATA will continue to monitor these evolving dynamics to inform stakeholder decision-making.