Used car export-Kyrgyzstan
Kyrgyzstan is a left-hand drive country, the local automobile industry is relatively weak, automobiles mainly rely on imports, and mainly used cars, among which Japanese cars have a high market share. Since 2022, Kyrgyzstan's automobile imports have increased significantly. According to the Kyrgyzstan Economist Network, from January to October 2023, Kyrgyzstan imported a total of 143,000 passenger cars, with an import value of approximately US$2 billion. China became its largest automobile supplier, exporting a total of 44,720 vehicles, with a transaction value of US$688 million.
According to statistics from the Ministry of Commerce of China, China completed the export of 71,000 used cars to Kyrgyzstan in 2023. At present, Chinese cars imported into Kyrgyzstan are mainly used for re-export to the Russian market. The huge gap in the Russian car market has promoted the development of Kyrgyzstan's car re-export trade, and Kyrgyzstan's local car import demand still needs to be further explored.
Bishkek, the capital of Kyrgyzstan, has been rated as one of the most polluted cities in the world. In order to solve this problem, Kyrgyzstan actively promotes the development of the new energy vehicle industry. On the one hand, it encourages consumers to use electric vehicles by trying preferential import exchange rates for electric vehicles, and on the other hand, it actively encourages Chinese electric vehicle companies to set up manufacturing plants in the country.
However, there are only about 30 charging stations in Kyrgyzstan, most of which are located in the capital Bishkek, and the country is also facing energy shortages caused by insufficient power generation. Insufficient charging infrastructure construction and energy shortages are the main reasons hindering the development of Kyrgyzstan's new energy vehicle industry.
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