Kyrgyzstan

тт

• Official languages: Kyrgyz, Russian.
• Geographical location: Kyrgyzstan is a landlocked country with mountainous terrain. It is bordered by Kazakhstan to the north, Uzbekistan to the west and southwest, Tajikistan to the southwest and China to the east.
• Administrative divisions: Kyrgyzstan is divided into seven regions administered by appointed governors. The capital, Bishkek, and the second largest city Osh are administratively independent cities (shaar) with a status equal to a region.
• Capital: Bishkek.
• Governance: the politics takes place in the framework of a parliamentary representative democratic republic, whereby the President is head of state and the Prime Minister of Kyrgyzstan is head of government. Executive power is exercised by the government. Legislative power is vested in both the government and parliament.
• Population: 6.4 million.
• Currency: Som.
• GDP: $8.1 billion.
• Time zone: GMT +6.
• Telephone code: +996.
• Barcode: 470.

Trade and economic cooperation between Belarus and Kyrgyzstan

Kyrgyzstan's social and economic performance

Source: EAEU statistical book, Ministry of Economy of Kyrgyzstan

In 2018, Kyrgyzstan's GDP was up 3.5% to 557.1 billion soms (or $8.1 billion, the average US dollar exchange is 68.84 KGS/$).

The share of industry and agriculture in GDP decreased by 0.7% to 39.1% as compared to 2017. Shares of industry and agriculture were down 0.1% to 18.6% and 0.7% to 11.7% respectively. The share of construction increased by 0.2% to 8.8%.

GDP structure

In 2018, Kyrgyzstan's foreign trade increased by 6.5% to $6.672 billion as compared to 2017.

The country's exports amounted to $1.7646 billion (remained at last year’s level), imports increased by 9.2% to $4.9074 billion as compared to 2017.

Trade deficit was $3.1428 billion in 2018 against $2.7304 billion in 2017.

The UK, Turkey, China and Lithuania were the main non-CIS countries importing goods from Kyrgyzstan. Russia, Kazakhstan, Uzbekistan and Tajikistan were the main CIS countries importing goods from Kyrgyzstan.

Trade turnover between Belarus and Kyrgyzstan was up 0.7% to $130.9 million as compared to 2017. Belarus' exports decreased by 2.5% to $120.3 million, Kyrgyzstan's exports increased by 60.4% to $10.6 million. Trade surplus was $109.7 million.

Dynamics of trade between Belarus and Kyrgyzstan (in thousand U.S. dollars)

In 2018, turnover of services between Belarus and Kyrgyzstan was down 6.1% to $5.25 million as compared to 2017. Belarus' exports of services decreased by 10.5% to $4.39 million, Kyrgyzstan's exports increased by 24.8% to $0.86 million. Surplus of services was down $0.68 million to $3.53 million as compared to 2017.

Belarus mainly exported the following products to Kyrgyzstan in 2018:

• milk and cream, concentrated and in powder ($22.8 million; exports increased by 12.5% or $2.5 million; shipments were up 28.7%);
• butter ($17.9 million; exports decreased by 4.5% or $0.8 million; shipments were up 2%);
• cheese and quark ($15.1 million; exports increased by 75.2% or $6.5 million);
• tractors and semi-tractors ($6.8 million; exports increased by 29.9% or $1.6 million); 
• meat and edible offal of poultry ($4.4 million; exports increased by 44.7% or $1.4 million);
• furniture and parts thereof ($3.4 million; exports increased by 21.9% or $0.6 million);
• builders' joinery and carpentry of wood ($3.3 million; exports increased by 57.4% or $1.2 million);
• medicaments packed for retail sale ($3.1 million; exports increased by 69.7% or $1.3 million);
• wallpaper and similar wall coverings ($2.8 million; exports increased by 19.2% or $0.5 million);
• yarn of synthetic staple fibres ($2.6 million; exports increased in 2.1 times or by $1.4 million);
• particle board ($2.5 million; exports decreased by 50.7% or $2.6 million);
• carpets and other textile and tufted floor coverings ($2.2 million; exports increased by 1.2% or $0.03 million);
• vehicles intended to carry 10 or more persons ($2.0 million; not supplied previously);
• sugar ($1.9 million; exports decreased by 74.6% or $3.6 million).

Belarus exported goods of 70 commodity headings against goods of 49 commodity headings in 2017.

Belarus mainly imported:

• radiators to tractors and agricultural machinery ($5.7 million, imports increased by 14.6% as compared to 2017);
• processed petroleum oils ($2.2 million);
• cotton, not carded or combed ($1.4 million, imports increased in 9.6 times);
• edible products of animal origin ($0.27 million, imports decreased by 22.8%);
• leguminous, dried ($0.2 million, imports increased by 0.3%);
• dried fruits ($0.14 million, imports decreased by 43.6%);
• women's clothing ($79.6 thousand; imports increased in 2.3 times).

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in the Kyrgyz Republic, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Kyrgyzstan for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

When using the materials of this article, the link to Export.by is obligatory.

Best wishes,

Administration of Export.by 

Back to Country Guidebooks List