Kyrgyzstan's trade deficit decreased to USD 197.7 million in June 2019 from USD 303.8 million in the same month of the previous year. Exports rose 12.9 percent to USD 164.1 million while imports fell 19.5 percent to USD 361.8 million. Considering the January to June period, the trade gap narrowed to USD 1,451 million from USD 1,796 million in the same period of 2018. Balance of Trade in Kyrgyzstan averaged -109.10 USD Million from 1993 until 2019, reaching an all time high of 31.40 USD Million in September of 2000 and a record low of -458.11 USD Million in December of 2014.
Balance of Trade in Kyrgyzstan is expected to be -260.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kyrgyzstan to stand at -220.00 in 12 months time. In the long-term, the Kyrgyzstan Balance of Trade is projected to trend around -192.00 USD Million in 2020, according to our econometric models.