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Kyrgyzstan's imports of passenger cars from China skyrocket

Kyrgyzstan Materials 22 May 2024 06:22 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, May 22. Kyrgyzstan imported 32,125 passenger cars from China from January through March 2024, which is 13 times more than in the same months of 2023 (2,356 cars), Trend reports.

According to the State Statistical Committee of Kyrgyzstan, the value of the imports reached $552.814 million, rising by 9.7 times over the first quarter of 2023’s figures ($56.918 million).

China was the biggest sender of passenger cars to Kyrgyzstan in the first quarter of 2024. In second place was South Korea, with 8,065 cars for $66.545 million, followed by the US, with 2,505 cars for $54.972 million.

Overall, Kyrgyzstan imported 50,403 passenger cars from January through March 2024, which is 2.5 times more than in the same months of 2023 (19,835 cars). The value of the imports reached $911.054 million, increasing by 2.7 times compared to January-March 2023 ($325.735 million).

Meanwhile, Kyrgyzstan's foreign trade turnover amounted to $3.723 billion from January through March 2024, which is 29.8 percent more than in the corresponding months of 2023.

Exports amounted to $510.9 million, increasing by 12.8 percent compared to January through March 2023. Imports, compared to the same period in 2023, grew by 33 percent, reaching $3.213 billion.

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