{
  "title": "KYRGYZ REPUBLIC: Estimation of White (Light) Oil Reexport",
  "sourceUrl": "https://www.imf.org/en/data/statistics/informal-economy-data/reports/kyrgyz-estimation-of-white-light-oil-reexport",
  "canonical": "https://www.imf.org/en/data/statistics/informal-economy-data/reports/kyrgyz-estimation-of-white-light-oil-reexport",
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  "summary": "Kyrgyz: Estimation of white (light) oil reexport <br />Informal Economy Reports Core Links Informal Economy Reports IMF Committee on Balance of Payments Statistics <img src=\"-/media/86DD80112B0043A1BF028567DBEEB6D4.",
  "sections": [
    {
      "heading": "Scope and Rationale",
      "content": "- The National Bank of the Kyrgyz Republic made a decision to carry out an additional estimation of light oil re-export due to increased incidence of informal oil exports across southern borders of Kyrgyzstan as a result of oil price difference with neighboring countries.\n- The additional estimation is calculated as an average of 2 methods: balance method and method based on the volume of re-export proceeding from the number of vehicles."
    },
    {
      "heading": "Estimation Framework and Key Formulas",
      "content": "- Rave = (R1+R2)/2  \n  - Rave – The average of light oil products reexport based on 2 methods.\n  - R1 – Balance method. The residue of light oil products’ volume which is not consumed is subsequently re-exported.\n  - R2 – The method of calculation based on the volume of reexport according to the number of vehicles.\n- Balance method formula (R1):  \n  R1= Impm  (((Impv-A)((∑Рv+∑Dv)/ Impv))/ Impv )\n  - A – Conditional oil products market size in Kyrgyzstan;\n  - Impv – Volume of oil imports and domestic production of petrol during the reporting period;\n  - Impm – Value of oil imports and domestic production of petrol during the reporting period;\n  - ∑Рv – Volume of car petrol imports and domestic production of petrol during the reporting period;\n  - ∑Dv – Volume of diesel fuel imports and domestic production of diesel during the reporting period.\n- Vehicle-based method formula (R2):  \n  R2 = ((∑Рv - (QPV)) PrP) + ((∑Dv – (QDV))PrD)\n  - ∑Dv – Volume of diesel fuel imports and domestic production of diesel during the reporting period;\n  - V – Number of vehicles during the reporting period;\n  - PrP – Car petrol price;\n  - PrD – Diesel fuel price;\n  - QP – Share of petrol consumption by 1 vehicle;\n  - QD – Share of diesel fuel consumption by 1 vehicle."
    },
    {
      "heading": "Data Sources and Compilation Practices",
      "content": "- Import – official statistics.\n- Oil products market size – expert opinions.\n- The estimation is derived by averaging two independent methodological approaches (balance-based and vehicle-based) to capture informal re-exports driven by cross-border price differentials."
    },
    {
      "heading": "Linkages Across Statistical Domains",
      "content": "- Estimation is included in both balance of payments and national accounts statistics."
    }
  ],
  "bullets": [
    "The National Bank of the Kyrgyz Republic made a decision to carry out an additional estimation of light oil re-export due to increased incidence of informal oil exports across southern borders of Kyrgyzstan as a result of oil price difference with neighboring countries.",
    "The additional estimation is calculated as an average of 2 methods: balance method and method based on the volume of re-export proceeding from the number of vehicles.",
    "Rave = (R1+R2)/2",
    "Balance method formula (R1):",
    "Vehicle-based method formula (R2):",
    "Import – official statistics.",
    "Oil products market size – expert opinions.",
    "The estimation is derived by averaging two independent methodological approaches (balance-based and vehicle-based) to capture informal re-exports driven by cross-border price differentials.",
    "Estimation is included in both balance of payments and national accounts statistics."
  ],
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  "generatedAtUtc": "2026-10-02T02:55:34.139Z"
}