Kyrgyzstan Significantly Reduced Foreign Trade

Евгения Комарова Economy
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According to data from the Ministry of Economy, from January to September of the current year, the volume of foreign economic activity in Kyrgyzstan amounted to $11.3 billion, which is 8.3% lower than in the same period last year.

The decrease in foreign economic turnover is associated with both a decline in export volumes and a reduction in imports. In particular, exports decreased mainly due to a sharp decline in supplies of live animals (by 8.2 times), footwear (by 4.3 times), copper waste (by 2.8 times), ferrous metals (by 1.6 times), gold (by 27.9%), and textile products (by 26.2%), as well as equipment and mechanical devices (by 21.3%).

Imports also decreased, which is linked to a reduction in the import of various goods from third countries, including cars and various equipment.

Thus, export deliveries fell by 39.2%, amounting to $0.8 billion, while imports increased by 11.8% and reached $3 billion.

Photo on the main page: Sputnik / Alexander Kondratyuk.
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