Kyrgyzstan's foreign trade turnover up 12.5 pct in 2017

Source: Xinhua| 2018-02-13 21:22:54|Editor: Jiaxin
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BISHKEK, Feb. 13 (Xinhua) -- Kyrgyzstan's foreign trade turnover grew by 12.5 percent in 2017, reaching 6.272 billion U.S. dollars, the press service of the National Statistical Committee said Tuesday.

Exports amounted to 1.791 million dollars and grew by 13.8 percent, while imports amounted to 4.481 billion dollars, up 12 percent.

The press service said trade with the Eurasian Economic Union (EAEU) countries amounted to 2.418 billion dollars, making up 38.6 percent of the total turnover. The turnover of trade with China in 2017 amounted to 1.102 million dollars.

Most of the export growth came from an increase in the supply of polished glass, cream butter, dried fruit, precious metal ores and concentrates.

At the same time, there was a decrease in exports of legume dried vegetables by 27.3 percent, electric incandescent lamps by 27.7 percent, and non-monetary gold by 0.2 percent.

The increase in imports was due to more imports of synthetic fabrics, fabrics from artificial yarns, tableware, kitchen utensils, confectionery, tires for vehicles, communications equipment and related parts, medicines, petroleum products, chocolate and other finished products.

Along with this, the import of sunflower oil decreased by 14.7 percent.

The EAEU countries include Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia.