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Kyrgyzstan boosts imports of passenger cars in 4M2024

Kyrgyzstan Materials 14 June 2024 11:11 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, June 14. Kyrgyzstan imported 57,301 passenger cars in the first four months of this year, which is an increase of 92.2 percent compared to the same period in 2023 (29,815 cars), Trend reports.

The National Statistical Committee of Kyrgyzstan reports that the value of these imports reached $980.2 million, which is over double the amount of $486.2 million at the corresponding time in 2023.

The majority of the 34,032 vehicles (worth $577 million) came from China. Second place went to South Korea, with around 11,000 vehicles valued at $85 million. The US follows, with 2,906 cars imported at a value of $59.2 million.

In total, Kyrgyzstan's foreign trade turnover reached $5.171 billion from January through April 2024, which is a 27.7 percent increase compared to the same period in 2023 ($4.051 billion).

Exports totaled $760.6 million, up by 19.7 percent compared to $635.678 million in January–April 2023. Imports grew by 29.2 percent compared to $3.415 billion in the same period in 2023, reaching $4.411 billion from January through April 2024.

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