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Kyrgyzstan's exports to CIS countries growing

Kyrgyzstan Materials 16 June 2023 13:56 (UTC +04:00)
Alyona Pavlenko
Alyona Pavlenko
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BAKU, Azerbaijan, June 16. Trade turnover between Kyrgyzstan and the countries of CIS (Commonwealth of Independent States) reached $1.3 billion, or 34.15 percent of Kyrgyzstan’s trade turnover from January through April 2023, Trend reports.

During the period under review, the trade between Kyrgyzstan and the CIS countries decreased by 7 percent compared to the same timeframe of 2022 ($1.4 billion), the State Statistical Committee of the country said.

Export deliveries from Kyrgyzstan to the CIS countries amounted to $391.5 million, which is 8.7 percent higher than in the corresponding months of 2022 ($360.2 million). Its share in Kyrgyzstan’s exports stood at 63.5 percent.

Kyrgyzstan's imports from CIS countries amounted to $931.6 million, accounting for 28.5 percent of its total imports. The value declined by 12.3 percent, compared to $1 billion, during the period from January to April 2022.

Overall, Kyrgyzstan's trade turnover from January through April 2023 reached $3.9 billion, which is a 25.5-percent increase year-on-year. Exports increased by 18.9 percent, while imports grew by 26.8 percent.

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