Less gold exported from Kyrgyzstan? - National Statistical Committee explains

Economy 0

Bishkek, Oct. 10, 2018. /Kabar/. In Kyrgyzstan, gold exports decreased by 25.2% in the first nine months of the current year, the National Statistical Committee reported on Wednesday at a press conference.

As reported, the share of the gold industry in the total gross domestic product (GDP) for the period from January to September 2018 was 8.8%. Its share in the industrial sector, as shown by the preliminary calculations of the committee, was 35.9%.

At the same time, the share of exported gold in the total volume of export deliveries for this period decreased from 39.5% to 31.1%. The specialists explained that the decline in indicators is due to changes in the structure of production in the gold mining industry: if before gold was only exported as ore, then recently the precious metal became mainly exported as concentrates, which is the reason why there is difference between the previous and current production indicators.

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