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Kazakhstan reduces trade turnover with EEU countries

Business Materials 11 August 2015 20:45 (UTC +04:00)
The foreign trade turnover of Kazakhstan with the countries of the Eurasian Economic Union (EEU) (Russia, Belarus, Armenia) declined by 21 percent and amounted to $7.806 billion in January-June 2015 compared to the same period of 2014, the State Statistics Committee under the Ministry of National Economy of Kazakhstan said.
Kazakhstan reduces trade turnover with EEU countries

Baku, Azerbaijan, Aug. 11

By Elena Kosolapova - Trend:

The foreign trade turnover of Kazakhstan with the countries of the Eurasian Economic Union (EEU) (Russia, Belarus, Armenia) declined by 21 percent and amounted to $7.806 billion in January-June 2015 compared to the same period of 2014, the State Statistics Committee under the Ministry of National Economy of Kazakhstan said.

Kazakhstan's exports to the EEU countries decreased by 26.8 percent and amounted to $2.351 billion in the first half of 2015. Kazakhstan's import from Russia, Belarus and Armenia decreased by 18.2 percent and amounted to $5.455 billion, the statement said.

Kazakhstan's main trade partner in the EEU is traditionally Russia. Some $2.323 billion of Kazakhstan's exports and $5.221 billion of Kazakhstan's imports accounted for this country in the reporting period.

The minerals (51.3 percent of the total volume of exports to the EEU countries), chemical products (20.3 percent), metals and metal products (16.7 percent), products of animal and vegetable origin, finished foodstuffs (4 percent) dominate in the structure of Kazakhstan's exports.

The machinery and equipment (30.8 percent of the total volume of imports from the EEU countries), minerals (15 percent), metals and metal products (14.5 percent), chemical products (14 percent), products of animal and vegetable origin, finished foodstuffs (12.9 percent) are mainly imported from the EEU countries to Kazakhstan.

Edited by CN

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