The trade deficit in Kyrgyzstan decreased to USD 256.5 million in September 2018 from USD 329.9 million in the corresponding month of the previous year. Exports rose 6.1 percent from a year earlier to USD 131.4 million and imports fell 14.5 percent to USD 387.9 million. Considering the January to September period, the trade gap widened to USD 2,459.3 million from USD 2,055.5 million in the same period of 2017, as exports went down 3.1 percent to USD 1,177.4 million and imports rose 11.2 percent to USD 3,636.7 million. Balance of Trade in Kyrgyzstan averaged -105.30 USD Million from 1993 until 2018, 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 -187.00 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 -256.99 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.