Core Insights - Uzbekistan's foreign trade volume is projected to reach $81.2 billion in 2025, reflecting a growth of 20.7% compared to the previous year [1] - Exports are expected to total $33.81 billion, increasing by 24%, while imports are anticipated to be $47.36 billion, growing by 18.5%, resulting in a trade deficit of $13.54 billion [1] Export Summary - Total exports are estimated at $33.81 billion, with goods accounting for 71.1% and services for 28.9% [1] - Major export categories include industrial products (11.8%), food and live animals (8.7%), and chemicals (6.3%) [1] - Key export destinations are Russia ($4.33 billion, 12.8%), China ($2.47 billion, 7.3%), and Kazakhstan ($1.56 billion, 4.6%) [1] Import Summary - Total imports are projected at $42.08 billion, with goods making up 88.87% and services 11.13% [2] - Major import categories include machinery and transport equipment (33.8%), industrial products (15.3%), and chemicals (11.8%) [2] - Primary import sources are China ($14.78 billion, 31.2%), Russia ($8.67 billion, 18.3%), and Kazakhstan ($3.41 billion, 7.2%) [2]

Group 1 - The visit of the Consul Wang Chengguang to the Karaka Sales Centre highlights the interest in New Zealand's thoroughbred industry and its development [1] - Discussions with Andrew Seabrook and Russell Warwick emphasized New Zealand's advantages in horse breeding, management, competitive sports, and healthcare [3] - There is optimism regarding the potential for collaboration between the equestrian industry in the Guangdong-Hong Kong-Macao Greater Bay Area and New Zealand, particularly in fostering new growth points in service consumption in China [3]

Core Insights - Uzbekistan, Kyrgyzstan, and Tajikistan are projected to rank among the top in GDP growth within the ECA region by 2026, according to the World Bank's January report [1] - The average economic growth rate for the ECA region is forecasted at 2.4% for 2026, supported by declining inflation, improved financial conditions, increased EU funding absorption, and rising defense spending [1] - Central Asia is expected to remain the fastest-growing sub-region in the ECA, with a combined GDP growth of 6.2% for Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan in 2025, slowing to 5% in 2026 [1] Economic Projections - Kazakhstan's economic growth is anticipated to slow to 4.5% due to stabilized oil production and declining global commodity prices [1] - High gold prices are expected to support the economies of other Central Asian countries, with projected growth rates of 6.5% for Kyrgyzstan, 6.2% for Tajikistan, and 6% for Uzbekistan, keeping them among the leaders in regional GDP growth [1] Risks and Challenges - The economic outlook for the ECA region faces significant risks, including the potential escalation of the Russia-Ukraine conflict, which could heighten geopolitical uncertainty and suppress economic activity [1] - High inflation may weaken consumer spending, and a slowdown in the Russian economy could lead to decreased export growth for the region [1] - Extreme weather events, such as frequent droughts and high temperatures, pose threats to agricultural production, water resources, and infrastructure, particularly impacting Central Asia [1]

Core Insights - Uzbekistan's total passenger car imports are projected to reach 79,822 units in 2025, reflecting a 7.1% increase from 74,505 units in 2024 [1] - The total value of passenger car imports is expected to be $1.17 billion, a decrease of 8.1% from $1.28 billion in 2024 [1] Electric Vehicles - Electric vehicles continue to dominate imports, with a volume of 56,832 units, doubling year-on-year, and an import value of $701 million, a significant increase of 212% from $224.7 million in 2024 [1] Traditional Fuel Vehicles - The import volume of traditional fuel vehicles has significantly contracted, with 19,871 units imported, representing a nearly 40% decline, and the import value dropping from $706.8 million in 2024 to $387.9 million [1] Hybrid Vehicles - Hybrid vehicle imports have seen the most drastic decline, with only 3,017 units imported in 2025, an 83% decrease from 17,480 units in 2024, and the import value plummeting from $339.3 million to $80.9 million [1] Diesel Vehicles - Diesel passenger car imports increased from 22 units in 2024 to 102 units in 2025, but the import value decreased from $5.08 million to $2.65 million [1]

Economic Growth - Uzbekistan's GDP is projected to grow by 7.7% in 2025, an increase of 1 percentage point from 6.7% in 2024, marking the highest growth rate since 2021 [1] Inflation and Income - The inflation rate is expected to decrease from 9.8% to 7.3%, while the growth rate of real household income is anticipated to decline from 11.7% to 9.2% [1] Population and Employment - The resident population of Uzbekistan is projected to increase by nearly 700,000, surpassing 38.23 million [1] Industrial and Sector Performance - Industrial output growth is expected to slightly rise from 6.5% to 6.8%, with the construction sector showing significant performance, growing by 14.2% [1] - Agriculture, forestry, and fishing are projected to grow by 4.4%, while retail services are expected to increase by 14.7% [1] Trade and Transportation - Foreign trade volume is expected to grow by 20.7%, with exports increasing by 24% and imports by 18.5% [1] - Freight turnover is projected to grow by 1.9%, while passenger turnover is expected to increase by 5.8% [1] - Retail sales are anticipated to grow by 11.2% [1]

Core Insights - The unobserved economy in Uzbekistan is projected to decrease to 498.04 trillion soums (approximately 39.62 billion USD) in 2025, a reduction of 7.6 trillion soums (63 million USD) compared to 2024, with its GDP share dropping from 34.8% in 2024 to 26.9% in 2025 [1] Economic Composition - The unobserved economy consists of the informal economy and the shadow economy, with the informal economy accounting for 351.04 trillion soums (291.4 million USD), representing 19% of GDP (down from 26.4% in 2024) [1] - The shadow economy is valued at 147 trillion soums (122 million USD), making up 7.9% of GDP (a slight decrease from 8.4% in 2024) [1] Sector Distribution - The agricultural, forestry, and fishing sectors dominate the unobserved economy, comprising 62.6%, followed by the service sector at 26.9%, construction at 23.5%, and industry at 9.4% [1] - The most significant declines in the unobserved economy are concentrated in the service and construction sectors [1]

为促进电动汽车发展，乌政府出台一揽子支持政策，包括国产电动汽车贷 款利率12%，进口电动汽车贷款利率16%；企业在建设电动汽车充电站方面， 可获得年利率为10%的优惠贷款，并有机会以半价方式拍得土地使用权；使用 电动汽车从事出租车运营的市民，享受一揽子配套优惠政策。同时，至2028 年，企业进口充电相关零部件免征关税。 （原标题：2030年乌兹别克斯坦电动汽车市场占有率提升至10%） 乌spot网1月10日报道，截至2025年三季度末，乌兹别克斯坦注册电动汽车 8.61万辆，市场占有率1.82%，塔什干市电动汽车6.5万辆，占比75.5%。乌计 划到2030年将电动汽车市场占有率提升至10%，其中，2026年—2%，2027— 3%，2028年—5%，2029年—7%。 ...

乌兹日报网1月8日报道，据乌兹别克斯坦共和国投资、工业和贸易部统 计，2025年，乌吸引外资431亿美元，较上一年增长24%。其中，外国直接投 融资382亿美元，国际金融机构投融资49亿美元。按国别统计，中国为乌最大 投融资国，总规模达155亿美元，其后依次为俄罗斯（48亿美元）、土耳其 （26亿美元）、沙特阿拉伯（25亿美元）和阿联酋（15亿美元）。 （原标题：2025年中国对乌兹别克斯坦投融资突破155亿美元） ...

Group 1 - The New Zealand-Vietnam Business Council (NZVBC) was officially established, with over 50 representatives from various business sectors in attendance [1] - Wang Chengguang, the Consul of the Economic and Commercial Office in Auckland, congratulated the establishment of the NZVBC and emphasized the importance of economic cooperation between China, Vietnam, and New Zealand [3] - The Chinese side will host the APEC Business Leaders Summit in 2026, inviting business representatives from the region to actively participate [3]

乌兹日报网1月19日报道，根据乌兹别克斯坦国家统计委员会统计，2025 年，共有1170万人次外国游客访乌，较上一年增长46.8%。中亚其他国家依旧 是主要来源国，吉尔吉斯斯坦330万人次，塔吉克斯坦和哈萨克斯坦均为270万 人次，俄罗斯98.44万人次，土库曼斯坦37万人次。非独联体国家中，排名依 次为阿富汗47.67万人次、中国27.89万人次、土耳其17.49万人次、印度8.08万 人次、韩国4.63万人次。 （原标题：2025年共有1170万人次外国游客访乌兹别克斯坦） ...