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Kyrgyzstan's imports of passenger cars from Russia on rise

Kyrgyzstan Materials 17 February 2024 20:44 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, February 17. Kyrgyzstan imported 14,437 passenger cars from Russia in 2023, which is twice as many as in 2022 (7,139 passenger cars), Trend reports.

Data from Kyrgyzstan’s State Statistical Committee indicates that the import value reached $143.084 million, a 48 percent increase compared to $96.394 million in the preceding year.

Russia completes the top three leaders in exporting passenger cars to Kyrgyzstan. China claimed the top spot with 79,131 cars imported for $1.197 billion, while South Korea secured second place with 50,397 cars valued at $434.868 million.

Overall, Kyrgyzstan imported 184,789 passenger cars in 2023, which is a 4.4 times increase compared to 2022 (41,241 cars). The value of imports reached $2.766 billion, a 5.1 times increase from $538.852 million in 2022.

Meanwhile, trade turnover between Kyrgyzstan and Russia amounted to $2.930 billion in 2023, which is a decrease of 15.7 percent compared to 2022. Kyrgyzstan's exports to Russia totaled $747.839 million, which is 30 percent lower than in 2022. The country's imports from Russia amounted to $2.182 billion, declining by 9 percent compared to the preceding year's figures.

Overall, Kyrgyzstan's foreign trade turnover reached $15.66 billion in 2023, which is a 29.9 percent increase compared to 2022. The country's exports totaled $3.308 billion, rising by 46.8 percent year-on-year. Imports to Kyrgyzstan amounted to $12.352 billion, which is 26 percent higher than in 2022.

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