Key Market Indicators
Kyrgyz transformer exports are projected to remain stable over the next five years, with a compound annual growth rate of 2.9%. Last year, the country was ranked 84th out of the world's exporters, with Paraguay overtaking them at $1,938,800. Germany, the United States and Japan were the top three exporters in 2021. Kyrgyz transformer imports are expected to grow 1% on average year on year until 2026, reaching $19.4 million. In 2021, the country came in at 110th place, with Armenia overtaking them at $18.3 million. China, Germany and Mexico were the top three importers in 2021.