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Kyrgyzstan reveals details of gold exports in 8M2023

Kyrgyzstan Materials 14 October 2023 10:27 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, October 14. Kyrgyzstan exported over 8.7 tons of gold abroad from January through August 2023, which is an increase of 13 times year-on-year, Trend reports.

Data from the country's National Statistical Committee indicates that the value of exports rose considerably, reaching $545.170 million from January through August 2023, compared to $667,300 in the same period in 2022.

The gold was sold to three countries, with no shipments to the Hong Kong region of China in August:

Country

Volume

Value

Switzerland

7.1 tons

$448.4 million

Hong Kong (China)

983,3 kg

$60.6 million

The UAE

582,7 kg

$36.6 million

Overall, Kyrgyzstan's foreign trade turnover reached $9.407 billion from January through August 2023, which is an increase of 27.3 percent compared to the same period in 2022.

Exports amounted to $1.85 billion, increasing 46.7 percent year-on-year. Imports reached $7.556 billion, growing by grew 23.3 percent compared to the same months of 2022.

In the structure of the trade turnover, exports accounted for 19.7 percent, while imports made up 80.3 percent.

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