Kyrgyzstan exported gold for over $1.4 billion in 2024

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In 2024, Kyrgyzstan exported 22 tons of gold for $1.4 billion. Materials of the National Statistical Committee say.

According to statistics, this is 4 percent more by weight and 30 percent more by value of the precious metal than for the same period in 2023 -20.2 tonns.

In 2023,trade ofprecious metall was as follows:

According to the State Statistical Committee of Kyrgyzstan, the export value in 2023 amounted to $1.284 billion, which is a 14-fold increase compared to 2022 ($13 million).

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During this period, Kyrgyzstan exported gold to the following countries:

Switzerland – 17.065 tons ($1.088 billio)
China’s Hong Kong – 1.847 tons ($115 million)
UAE – 1.294 tons ($80.309 million)
Türkiye – 5.5 kg ($341,700)

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Kyrgyzstan’s foreign trade turnover reached $15.66 billion in 2023, which is a 29.9 percent increase compared to 2022. The country’s exports totaled $3.308 billion, rising by 46.8 percent year-on-year. Imports to Kyrgyzstan amounted to $12.352 billion, which is 26 percent higher than in 2022.

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As we said above, in 2024, Kyrgyzstan exported nearly 21 tonns gold for $1.4 bn.

The leader in gold purchases for this period was the United Kingdom. Gold exports to the Kingdom account for 82 percent of the total volume — 13.3 tons of gold were purchased for over $1 billion.

At the beginning of last year, Kyrgyzstan actively exported gold to China. Then the United Kingdom resumed purchases, and gold exports to the UAE, China and Switzerland stopped.

Source :

AKIPRESS