Kyrgyzstan in for another trade deficit in 2019

13.08.2019

Name

Unit of measure

2018

2019

2020

2021

2022

 result

forecast

forecast

forecast

forecast

Exports

USD

1,764,600,000

1,980,000,000

2,100,000,000

2,250,000,000

2,475,000,000

Growth rate

%

100

112.2

106.1

107.1

110

Imports

USD

4,907,400,000

5,200,000,000

5,472,200,000

5,780,200,000

6,100,700,000

Growth rate

%

109.2

106

105.2

105.6

105.5

Balance of export and import of goods

USD

-3,142,800,000

-3,220,000,000

-3,372,200,000

-3,530,200,000

-3,625,700,000

Growth rate

%

115.1

102.5

104.7

104.7

102.7

Foreign trade turnover

USD

6,672,000,000

7,180,000,000

7,572,200,000

8,030,200,000

8,575,700,000

Growth rate

%

106.6

107.6

105.5

106

106.8

A negative trade balance of Kyrgyzstan is projected at $3.22 bn over 2019, according to the mid-term forecast for social and economic development of Kyrgyzstan in 2020-2022. 

In 2019, foreign trade turnover of Kyrgyzstan is projected at $7.18 billion, including exports of $1.90 billion and imports of $5.2 billion.

The growth rate of foreign trade turnover by year end is expected at 7.6%.

Medium-term forecast for export and import of goods in the Kyrgyz Republic for 2020-2022:

Reported by AKIpress (Kyrgyzstan).