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Kyrgyzstan ramps up oil product exports to UAE

Kyrgyzstan Materials 21 June 2024 20:32 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, June 21. Kyrgyzstan exported 3,412 tons of oil products worth $3.695 million to the UAE from January through April 2024, Trend reports.

According to the State Statistical Committee of Kyrgyzstan, this volume rose by 60.5 percent over the figures for January-April 2023 (2,126 tons). The value of these exports saw a 35.9 percent increase compared to the same period in 2023 ($2.718 million).

During the review months, the majority of Kyrgyzstan's oil products were sent to Türkiye (37,404 tons valued at $23.627 million), followed by Uzbekistan, which received 17,641 tons worth $5.055 million.

Kyrgyzstan sold abroad a total of 67,781 tons of oil products worth $43.222 million from January through April 2024. The value of these exports increased by 52.4 percent compared to $28.362 million in the same period of 2023, and the volume rose by 74.3 percent compared to 38,884 tons in January–April 2023.

Overall, Kyrgyzstan's foreign trade turnover reached $5.171 billion from January through April 2024, which is a 27.7 percent increase compared to the same period in 2023 ($4.051 billion).

Exports amounted to $760.6 million, which is an increase of 19.7 percent compared to the $635.678 million recorded in January–April 2023. Imports grew by 29.2 percent compared to $3.415 billion in the same period in 2023, reaching $4.411 billion from January through April 2024.

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