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Kyrgyzstan witnesses rise in passenger cars imports

Kyrgyzstan Materials 21 September 2023 16:10 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, September 21. Kyrgyzstan imported 84,927 passenger cars from January through July 2023, with a value of $1.128 billion, Trend reports.

Data from the State Statistical Committee of Kyrgyzstan indicates that the import volume surged by 4.4 times compared to the same period in 2022, when it was 18,882 cars.

The value of these imports soared by 6.7 times year-on-year, from $166.521 million during the corresponding months of 2022.

The top 5 countries of origin for the imported cars are as follows:

Exporting country

Amount

US dollars

South Korea

28,961 cars

$243.639 million

China

14,910 cars

$246.069 million

The US

12,754 cars

$117.466 million

Russia

7,627 cars

$76.258 million

Japan

7,469 cars

$120.340 million

Kyrgyzstan's foreign trade turnover amounted to $8.153 billion from January through July 2023, which is an increase of 32.3 percent compared to the same months in 2022.

Exports amounted to $1.602 billion, increasing by 45.6 percent compared to the corresponding months of 2022. Imports rose by 29.4 percent year-on-year, totaling $6.551 billion.

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