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  • KYRGYZ REPUBLIC

  • Kyrgyzstan

    Kyrgyz Republic

    DEVELOPMENT CHALLENGES 

    Since gaining its independence in 1991, the Kyrgyz Republic has embarked on a transition to a democratic system of governance and a market economy. Today it hosts a growing private sector and a vibrant civil society. The country’s economic foundation has strengthened with an average annual growth rate of 4.3% over the period 2006-2010. Despite these positive developments, the country’s growth decreased to 2.9% in 2009 during the peak of the global economic crisis, which was exacerbated by the socio-political disturbances of 2010, resulting in a GDP contraction of 1.4% that year. The Kyrgyz Republic also faces a number of development challenges.

    • Poverty and income inequality
    • High unemployment and labour migration
    • Skills gap
    • Political instability and weak public administration

    KEY TRADE ISSUES 

    • Export concentration
    • Weak competiveness, low productive capacity and trade deficit
    • Market concentration
    • Burdensome business environment
    • Underdeveloped physical infrastructure
    • Underdeveloped quality management infrastructure
    • Limited access to finance

    GOVERNMENT PRIORITIES 

    In view of these development and trade challenges, the Kyrgyz Government’s Country Development Strategy 2009-2011 is focused on four main priority areas: (1) strengthening of economic potential; (2) governance efficiency; (3) socially-oriented development; and (4) environmental safety.

    The priorities for the initial six months are to:

    • Ensure national unity and civil security, guaranteeing the rights and freedoms of the people;
    • Re-establish State governance throughout the country; and
    • Gradually achieve a turnaround from economic crisis.

    The strategy’s midterm socioeconomic objectives are to:

    • Consolidate inter-ethnic tolerance and public security;
    • Ensure economic development, reduce unemployment and enhance international economic cooperation;
    • Improve State governance; and
    • Deepen social development and environmental protection.

    More detailed information on the Kyrgyz Republic can be found here. 

    Trade and Tariff Graphs

    Graphs of the country’s export markets, its export performance in a key sector and tariffs exporters of a sample product face.
    Trademap sample Trademap sample: The map uses color codes to illustrate the relative size of different markets in the overall exports of the country shown in pink.
    Trademap sample Trademap sample: The vertical axis shows import values by key importing countries, while the horizontal axis shows export values by the country for the same sector. I.e. the country has gained market share in the case of an importing country at the bottom right of chart and lost market share for countries top left. The size of circles is proportional to market size.
    Market access map sample Market access map sample: The world map shows trade values and tariff levels for a key export product by importing countries. Color codes indicate protection levels. Red circles denote trade volumes.

    Trade and Investment Data

    Detailed data on the country’s export performance, key imports and foreign investment, grouped by product and service categories (HS and BOP).

    Trade Information Sources

    A listing of country specific print and online publications on trade related topics. Includes information from both ITC and external sources.

    Trade Contacts

    The most important trade contacts, including importers’ and exporters’ associations, trade support institutions, trade promotion organizations and institutions providing business development assistance.