Kyrgyzstan had traditionally maintained a trade deficit, derived mostly from dependence on imports from other former Soviet republics. Exports began to increase by 1995, however; the country registered relatively high growth rates in the early 2000s and had a trade surplus in 2001. Foreign exchange reserves are minimal. In 2001, the IMF awarded Kyrgyzstan $93 million in aid over a three-year period. Total external debt in 2001 stood at $1.6 billion.
The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Kyrgyzstan's exports was $475 million while imports totaled $420 million resulting in a trade surplus of $55 million.
The International Monetary Fund (IMF) reports that in 2001 Kyrgyzstan had exports of goods totaling $480 million and imports totaling $441 million. The services credit totaled $81 million and debit $125 million. The following table summarizes Kyrgyzstan's balance of payments as reported by the IMF for 2001 in millions of US dollars.
|Balance on goods||39|
|Balance on services||-45|
|Balance on income||-66|
|Direct investment abroad||-6|
|Direct investment in Kyrgyzstan||5|
|Portfolio investment assets||1|
|Portfolio investment liabilities||…|
|Other investment assets||-4|
|Other investment liabilities||18|
|Net Errors and Omissions||21|
|Reserves and Related Items||32|