flag Kyrgyzstan Kyrgyzstan: Trade Profile

Foreign Trade in Figures

Kyrgyzstan is open to international trade, which accounts for around 99% of GDP (World Bank – latest data available). The government's trade policy aims to further integrate the country into the global economy, giving exporters better access to local markets and encouraging product diversification. Kyrgyzstan mainly exports petroleum oils (6.4%), precious-metal ores and concentrates (5.9%), dried leguminous vegetables (4.2%), waste and scrap of copper (3.9%), and cotton yarn other than sewing thread (3.7%); whereas imports are led by petroleum oils (9.0%), knitted or crocheted fabrics (5.5%), motor cars (5.5%), base metal mountings (4.5%), and parts of footwear (3.7% - data Comtrade 2022).

The main trading partners for exports are Russia (47.4%), Kazakhstan (18.2%), Uzbekistan (10.5%), Türkiye (6.2%), United Arab Emirates (4.5%), and China (2.7%). Kyrgyzstan's main import origins are China (41.5%), Russia (24.5%), Kazakhstan (7.8%), Türkiye (5.0%), Uzbekistan (3.7%), and the United States (2.4% - data Comtrade 2022). Kyrgyzstan has been a member of the Eurasian Economic Union – which also includes Russia, Armenia, Kazakhstan, and Belarus - since August 2015; and a member of the WTO since 1998. The country has eliminated tariffs on raw materials, equipment, and certain goods that it cannot produce in sufficient quantity, in order to develop the domestic industry and secure supply for the population. Nevertheless, non-tariff barriers significantly slow down trade.

The Kyrgyz Republic has a structural trade deficit: in 2022, the country exported USD 2.1 billion worth of goods (-20.5% vis-à-vis one year earlier), whereas imports expanded by 72.5%, to USD 9.6 billion. In the same year, the exports of services totaled USD 1.2 million, against USD 1.3 million in imports (+243% and +85.1%, respectively). According to preliminary data released by the Kyrgyz National Statistics Committee, exports of goods stood at USD 3.3 billion in 2023, whereas imports totaled USD 12.4 billion (+46.8% and +26% year-on-year, respectively). China was Kyrgyzstan's top trading partner in 2023 (34.7% of the country's total trade volume), whereas the member states of the Eurasian Economic Union accounted for 27.8%.

 
Foreign Trade Indicators 20192020202120222023
Imports of Goods (million USD) 4,9893,7195,5809,80312,352
Exports of Goods (million USD) 1,9861,9732,7522,2553,309
Imports of Services (million USD) 1,0216047401,4832,713
Exports of Services (million USD) 1,0834285221,3752,214
Imports of Goods and Services (Annual % Change) 6-2839n/an/a
Exports of Goods and Services (Annual % Change) 16-2716n/an/a
Trade Balance (million USD) -2,624-1,440-2,418-6,823n/a
Foreign Trade (in % of GDP) 9983106n/an/a
Imports of Goods and Services (in % of GDP) 645268n/an/a
Exports of Goods and Services (in % of GDP) 353138n/an/a

Source: WTO – World Trade Organisation ; World Bank - Latest available data.

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Main Partner Countries

Main Customers
(% of Exports)
2022
Kazakhstan 18.2%
Uzbekistan 10.5%
Türkiye 6.2%
United Arab Emirates 4.5%
China 2.7%
See More Countries 57.9%
Main Suppliers
(% of Imports)
2022
China 41.5%
Kazakhstan 7.8%
Türkiye 5.0%
Uzbekistan 3.7%
United States 2.4%
See More Countries 39.6%

Source: Comtrade, Latest Available Data

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Main Products

2.3 bn USD of products exported in 2022
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 6.4%
Precious-metal ores and concentratesPrecious-metal ores and concentrates 5.9%
Dried leguminous vegetables, shelled, whether or...Dried leguminous vegetables, shelled, whether or not skinned or split 4.2%
Waste and scrap, of copper (excl. ingots or other...Waste and scrap, of copper (excl. ingots or other similar unwrought shapes, of remelted copper waste and scrap, ashes and residues containing copper, and waste and scrap of primary cells, primary batteries and electric accumulators) 3.9%
Cotton yarn other than sewing thread, containing >...Cotton yarn other than sewing thread, containing >= 85% cotton by weight (excl. that put up for retail sale) 3.7%
See More Products 75.9%
9.8 bn USD of products imported in 2022
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 9.0%
Knitted or crocheted fabrics, of a width > 30 cm,...Knitted or crocheted fabrics, of a width > 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread (excl. pile fabrics, incl. "long pile", looped pile fabrics, labels, badges and similar articles, and knitted or crocheted fabrics, impregnated, coated, covered or laminated) 5.5%
Motor cars and other motor vehicles principally...Motor cars and other motor vehicles principally designed for the transport of persons, incl. station wagons and racing cars (excl. motor vehicles of heading 8702) 5.5%
Base metal mountings, fittings and similar...Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like; base metal hat-racks, hat-pegs, brackets and similar fixtures; castors with mountings of base metal; automatic door closers of base metal 4.5%
Parts of footwear, incl. uppers whether or not...Parts of footwear, incl. uppers whether or not attached to soles other than outer soles; removable in-soles, heel cushions and similar articles; gaiters, leggings and similar articles, and parts thereof (excl. articles of asbestos) 3.7%
See More Products 71.8%

Source: Comtrade, Latest Available Data

 

To go further, check out our service Import controls and Export controls

To go further, check out our service Import-Export Flows

 
 

Main Services

0.5 bn USD of services exported in 2021
41.49%
40.59%
7.40%
3.89%
2.86%
1.90%
1.39%
0.39%
0.11%
0.7 bn USD of services imported in 2021
71.97%
10.55%
9.29%
2.63%
2.21%
0.99%
0.96%
0.95%
0.46%

Source: United Nations Statistics Division, Latest Available Data

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List of tariffs and local taxes that apply to your product on our service Customs Duties

 

Trade Compliance

International Conventions
Member of the World Trade Organization (WTO)
International Economic Cooperation
Member of Commonwealth of Independent States (CIS)

Member of Eurasian Economic Community (EAEC)

Useful Resources
National Organisation of Intellectual Property
The State Intellectual Property Service of the Kyrgyz Republic (Kyrgyzpatent).
 
 
 

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Latest Update: May 2024

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