Kazakhstan’s western region reduces imports from Russia
Baku, Azerbaijan, Dec. 19
By Ali Mustafayev – Trend:
The volume of exports from the Russian Federation to Kazakhstan’s Atyrau region exceeded the volume of imports since the beginning of 2017.
"The steady increase in exports to Russia with a simultaneous decrease in imports has been observed since the beginning of this year. From January to September of 2017, the total trade between the two countries amounted to $13.5 billion. This is a 36.3 percent increase over the corresponding period of 2016," said Karlygash Bekbayeva, deputy head of business department of the region, Kazakh media reported.
The export of goods from Kazakhstan to Russia amounted to $12.2 billion. The growth compared to these months last year was 48 percent. The imports amounted to $1.2 billion, which is a 77.9 percent decrease.
Meanwhile, the decrease in imports from Russia is primarily due to the increase of products output of local companies in Kazakhstan, and particularly in the Atyrau region.