BISHKEK, Kyrgyzstan, May 4. Kyrgyzstan significantly increased its import of oil products from Kazakhstan in January-February 2024, Trend reports.
Data from Kyrgyzstan’s State Statistical Committee shows that 17,311 tons of oil products were purchased from Kazakhstan, which is a 3.9 fold increase compared to the same period in 2023 (4,392 tons).
The value of these imports reached $12.997 million, which is 3.6 times higher than in the same period of 2023 ($3.560 million).
Kazakhstan was the second-largest exporter of oil products to Kyrgyzstan. Russia was the largest supplier, from which Kyrgyzstan bought 74,247 tons of oil products for $54.137 million.
Overall, Kyrgyzstan bought 95,661 tons of oil products from January through February 2024, which is 99.5 percent more than in the same period of 2023 (47,953 tons). The value of the imports amounted to $72.831 million, which is 69 percent more than in January–February 2023 ($43.088 million).
Kyrgyzstan's foreign trade turnover totaled $2.255 billion in the first two months of 2024, which is 28.3 percent more than in the same period in 2023 ($1.758 billion). Exports totaled $307.5 million, increasing by 18.4 percent compared to January–February 2023 ($259.726 million). Imports amounted to $1.947 billion, growing by 30 percent, compared to $1.498 billion in the corresponding months of 2023.
