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Kazakhstan triples import of Turkmen goods in 1Q2020

Business Materials 14 May 2020 14:50 (UTC +04:00)
Kazakhstan triples import of Turkmen goods in 1Q2020

BAKU, Azerbaijan, May 14

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Turkmenistan amounted to $35.3 million over 1Q2020 compared to $29.3 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Turkmenistan in total value of Kazakhstan’s trade turnover was 0.2 percent during the reporting period of 2020 compared to 0.1 percent during the same period of 2019.

Kazakhstan’s export to Turkmenistan amounted to $25.4 million over the period of 1Q2020 compared to $26.3 million during the same period of 2019.

Turkmenistan’s share in total volume of Kazakhstan’s export amounted to 0.2 percent during the reporting period of 2020 which corresponds to 0.2 percent during the same period of 2019.

In turn, Kazakhstan’s import from Turkmenistan amounted to $9.8 million over 1Q2020 compared to $3.01 million during the same period of 2019.

Turkmenistan’s total share in Kazakhstan’s import was 0.1 percent during the reporting period of 2020.

Total volume of Kazakhstan’s trade turnover amounted to $21 billion in 1Q2020 which indicates an increase from $20.4 billion during the same period of 2019.

Kazakhstan’s export amounted to $13.9 billion during the reporting period of 2020 ($13.3 billion in the same period of 2019), whereas import amounted to $7.09 billion ($7.1 billion).

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