Trade Between Kyrgyzstan, Belarus Jumps 26% In 1Q2023
Date
6/2/2023 12:10:40 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 2. The trade turnover
between Kyrgyzstan and Belarus reached $20.8 million, which
accounted for 0.8 percent of Kyrgyzstan's trade turnover from
January through March 2023, trend reports.
According to the statistical data of Kyrgyzstan, the trade
between the countries increased 26 percent year-on-year compared to
$16.5 million in 1Q2022.
During the period under review, the exports from Kyrgyzstan to
Belarus saw an increase of 40.8 percent, reaching $6 million. In
comparison, in 1Q2022 the exports stood at $4.3 million.
The imports by Kyrgyzstan also increased, although not so
drastically, by 20.8 percent year-on-year – from $12.2 million to
$14.8 million.
Thus, Belarus took fourth place as Kyrgyzstan's trade partner
among the Commonwealth of Independent States (CIS) in 1Q2023.
During the specified period, Russia remained the main trade
partner of Kyrgyzstan with trade amounting to $505.3 million,
followed by Kazakhstan ($298.8 million) and Uzbekistan ($99.8
million).
Trade turnover between Kyrgyzstan and the Commonwealth of
Independent States (CIS) amounted to $953.8 million, or 35 percent
of Kyrgyzstan's trade turnover in 1Q2023.
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