In 1H24, trade between Kyrgyzstan and China reached $3.2bn, representing a 42.5% increase compared to $2.2bn during the same period in 2023, Kyrgyzstan’s State Statistical Committee reports.
From January to June 2024, Kyrgyzstan exported $48.9mn worth of goods to China, marking a 45.9% increase from the $33.6mn exported in 1H23. However, imports from China totalled $3.1bn, also reflecting a 42.5% increase from $2.2bn the previous year. The growth in imports continues to outpace exports, contributing to a significant trade imbalance.
China remains Kyrgyzstan’s largest trading partner, accounting for 41.9% of the country's total trade volume. Nearly half (49.6%) of Kyrgyzstan’s total imports come from China, while exports to China constitute only 3.8% of the country's overall export volume. These figures underscore the dominant role of Chinese imports in Kyrgyzstan’s economy.
Kyrgyzstan’s total foreign trade turnover reached $7.6bn in the 1H24, a 9.4% rise from the same period in 2023. Exports made up 16.9% of this figure, while imports accounted for 83.1%, illustrating the country’s reliance on imported goods.
Kyrgyzstan’s exports for the period January–June 2024 saw a decline of 3.2% compared to the same timeframe in 2023, totalling $1.3bn. In contrast, imports surged by 12.4%, reaching $6.3bn, indicating a widening trade deficit.
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