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Kazakhstan significantly increases export of mineral products

Business Materials 19 August 2019 16:29 (UTC +04:00)

Baku, Azerbaijan, August 19

By Nargiz Sadikhova - Trend:

Kazakhstan has exported goods worth $55.064 billion to countries which are not members of Eurasian Economic Union (EAEU) during 2018, which is 27.3 percent more compared to the same period of 2017, Trend reports with reference to the Union.

Some $43.356 billion of export account for export of mineral products, which is 38.3 percent more than in 2017. It is followed by metal and metal products, the value of export of which amounted to $6.513 billion, which is 6.4 percent less than in 2017.

The value of export of food products and agricultural raw materials equaled to $2.507 billion (increase of 30.3 percent),of chemical industry products to $1.658 billion (decrease of 6.8 percent), of machinery, equipment and vehicles to $225.8 million (decrease of 10.8 percent), of textile, textile products and footwear to $132.2 million (decrease of 21.5 percent), of wood and pulp and paper products to over $59 million (increase of 76.1 percent), and of leather raw materials and articles from them to $9.5 million (decrease of 38.3 percent).

In turn, the value of import from non-EAEU countries to Kazakhstan stood at $19.250 billion in 2018, which is 12.7 percent more than in 2017.

The largest share of the import accounts for machinery, equipment and vehicles worth $8.884 billion, which is 15.5 percent more compared to 2017.

Furthermore, the value of imported chemical industry products amounted to $3.121 billion (increase of 4.7 percent), of metals and metal products to $2.033 billion (increase of 22 percent), and of food items and agricultural raw materials to $1.886 billion (increase of 3.5 percent).

In turn, textile, textile products and footwear amounted to $935.2 million (increase of 13.5 percent), of mineral products to $675.03 million (increase of 4.5 percent), and of leather raw materials and articles from them to $50.7 million (decrease of 22.5 percent).

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