You Are Here: Home » NEWS HEADLINES » Figures on trade between China and Kyrgyzstan differ greatly

After comparing the figures on the interstate trade between China and Kyrgyzstan for 2015-2017 it has been established that there are significant discrepancies between China’s exports and Kyrgyzstan’s imports according to the customs statistics of the above countries. For instance, according to China’s foreign trade statistics, in 2015, the exports from China to Kyrgyzstan amounted to $4.3 billion, whereas, according to Kyrgyzstan’s foreign statistics, the imports amounted to $1 billion. The deviation is $3.3 billion.

In 2016, according to the figures provided by China, the exports amounted to $5.6 billion, while the imports were equal to $1.5 billion as per Kyrgyzstan’s figures. As you see, the deviation is $4.1 billion. Assuming that for eight months of 2017, the exports amounted to $2.6 billion according to China’s data, and the imports were $900 million according to Kyrgyzstan’s figures, it is estimated that the exports from China to the Kyrgyz Republic will amount to $3.9 billion for 2017. Therefore, the deviation will be $2.5 billion.

There are foreign trade discrepancies about Kazakhstan as well. For Kazakhstan, in 2016, the share of discrepancies in the total volume of foreign trade turnover was only 9%. As to Kyrgyzstan, the share of discrepancies in the total volume of foreign trade turnover was over 30%, or $4.1 billion in $13.5 billion foreign trade turnover.

© 2017 Embassy of Kyrgyz Republic in New Delhi, India