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Kyrgyzstan’s foreign trade turnover hits $7.5 billion

26 February 2013 14:09 (UTC+04:00)
Kyrgyzstan’s foreign trade turnover hits $7.5 billion

By Aynur Jafarova

The Kyrgyz State Customs Service reported that the country's foreign trade turnover amounted $7.5 billion in 2012, KyrTAG reported on Tuesday. The figure was $6.197 billion in 2011.

According to the report, the volume of exports in 2012 amounted to $1.675 billion while, the volume of imports was $5.374 billion.

Earlier, the Kyrgyz National Statistical Committee reported that the country's import grew by 28 percent and made $3.8 billion, while the export decreased by 27 percent to $1.05 billion in January-September of 2012.

During the nine months of 2012, Kyrgyzstan's foreign trade turnover increased by 10 percent to $4.8 billion compared to the same period of 2011. The trade turnover deficit in the country hit $2.7 billion.

According to the report, Kyrgyzstan's foreign trade turnover with the countries of the Customs Union comprising Russia, Belarus and Kazakhstan amounted to $2.261 billion.

"In the foreign trade turnover of Kyrgyzstan, the share of Russia was 29.3 percent, while the share of Kazakhstan --14.9 percent and Belarus 2.2 percent in January-September of 2012," the report read.

The country's trade turnover with Kazakhstan reached to $726.4 million in January-September of 2012. The exports amounted to $354.9 million, while the import was $371.5 million.

The trade turnover of Kyrgyzstan and Russia amounted to $1.428 billion. The exports amounted to $171.1 million and import reached to $1.257 billion.

During the reported period, the trade turnover between Kyrgyzstan and Belarus reached $106.4 million. The exports amounted to $8.5 million, while the import reached $97.9 million.

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