RKDF brings Kyrgyz businesses to the global market: exports to third countries have increased 2.5 times

Borrowers from the Russian-Kyrgyz Development Fund increased their exports to $323.7 million by the end of 2024. This is 59.3% more than a year earlier. For comparison, in 2023, total exports amounted to $203 million.

Export growth is observed in almost all areas, but is particularly noticeable in the markets of the Eurasian Economic Union countries.

The export structure is as follows:

• Russian Federation — $162.3 million, or 50.1% of the total volume (in 2023 — $118.5 million, 58.4%) ;
• Other EAEU countries — $146.8 million, or 45.4% (in 2023 — $78.6 million, 38.7%);
• Third countries — $14.7 million, or 4.5% (in 2023 — $5.8 million, 2.9%).

Thus, over the year, the Fund's borrowers' exports to EAEU countries almost doubled, and to third countries — more than 2.5 times.

At the same time, the share of RCF borrowers' exports in Kyrgyzstan's total exports to Russia amounted to 15.7%, remaining almost at the 2023 level (15.8%).

Thus, the Russian-Kyrgyz Development Fund is one of the key instruments for stimulating Kyrgyzstan's non-resource exports.