Iran mainly exports clothing, nuts, paints and flooring to Kyrgyzstan and imports meat, grain and steel scraps. 180 industrial units are currently operating in Kyrgyzstan. According to Iranian Finance Minister, the previously signed preferential trade agreement could be turned into a free trade agreement by the two sides to enhance the two-way trade.
The two countries signed agreements on cooperation in the spheres of transport, customs, trade and economic relations. Iran and Kyrgyzstan interact in the spheres of education, culture, travel, customs, finances, war on trafficking and crime in general.
The two countries trade in agriculture and capital goods. In 2008, Iran promised Kyrgyzstan 200 million euros for some economic projects. Iranian companies participated in the construction of a highway connecting Bishkek and Osh. Iran and Kyrgyzstan hope to up the annual trade turnover to $100 million.
In negotiations held during a visit of Akylbek Zhaparov to Iran in July 2012, Iran expressed a wish to pour more than $1 billion into short-term projects in Kyrgyzstan and more than $10 billion into long-term projects.