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Kazakhstan’s trade with Eurasian Union decreases

Business Materials 12 March 2015 12:56 (UTC +04:00)
Kazakhstan’s mutual trade with the member states of the Eurasian Economic Union (Russia, Belarus and Armenia) saw a decrease in January 2015

Baku, Azerbaijan, Mar. 12
By Elena Kosolapova - Trend:
Kazakhstan's mutual trade with the member states of the Eurasian Economic Union (Russia, Belarus and Armenia) saw a decrease in January 2015, Kazakh Statistics Committee under National Economy Ministry reported.

Kazakhstan's mutual trade with Russia, Belarus and Armenia exceeded $1.269 billion in the reporting period, including $256.7 million of Kazakh export (a 41.2-percent decrease) and almost $1.013 billion of Kazakh import (a 7.8-percent increase).

The main volume of Kazakhstan's mutual trade with the countries of the Eurasian Union fell on Russia.

In Jan. 2015 Kazakhstan's export to Russia hit $255.9 million (a 41.2-percent decrease compared to Jan. 2014), import from Russia hit $968.4 million (a 7.3-percent increase compared to Jan. 2014).

Among Kazakhstan's export products were mineral products (53.4 percent of all export to other countries of the Eurasian Economic Union), metals and metal products (18.7 percent), chemical products (13.8 percent), animal and vegetable origin products, finished food products (4.4 percent).

From the Eurasian Union member-states Kazakhstan imported machinery and equipment (38.4 percent of all imports from the Eurasian Union), mineral products (21 percent), metals and metal products (10.2 percent), chemical products (8.5 percent), animal and vegetable origin product and finished food products (8.1 percent).

Edited by S.I.

Follow the author on Twitter: @E_Kosolapova

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