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Kyrgyzstan's exports of silver shoot up significantly

Kyrgyzstan Materials 14 June 2024 22:00 (UTC +04:00)
Abdullo Janob
Abdullo Janob
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BISHKEK, Kyrgyzstan, June 14. Kyrgyzstan exported 22.3 tons of silver from January through April 2024, which is 71 times more than the almost 313 kg exported in January–April 2023, Trend reports.

According to the State Statistical Committee of Kyrgyzstan, the value of these exports reached $17.582 million, which is 89 times more than the $197,326 in the corresponding months of 2023.

Since the beginning of the year, silver has been sold to only two countries. India purchased 21.7 tons of the precious metal for $17.1 million, while the remaining 587 kg of silver, valued at $451,904, was bought by China's Hong Kong.

Overall, 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 amounted to $760.6 million, which is an increase of 19.7 percent compared to the $635.678 million recorded 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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