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Kazakhstan's export to China up in 1Q2020

Business Materials 18 May 2020 11:19 (UTC +04:00)
Kazakhstan's export to China up in 1Q2020

BAKU, Azerbaijan, May 18

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and China amounted to $3.2 billion in 1Q2020 compared to $2.9 billion during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of China in total value of Kazakhstan’s trade turnover was 15.5 percent during the reporting period of 2020 compared to 14.3 percent during the same period of 2019.

Kazakhstan’s export to China amounted to $2.2 billion over the period from January through March 2020 compared to $1.8 billion during the same period of 2019.

China’s share in total volume of Kazakhstan’s export amounted to 15.8 percent during the reporting period of 2020, compared to 13.7 percent during the same period of 2019.

In turn, Kazakhstan’s import from China amounted to $1.06 billion over 1Q2020 compared to $1.1 billion during the same period of 2019.

China’s total share in Kazakhstan’s import was 15 percent during the reporting period of 2020 compared to 15.5 percent during the same period of 2019.

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 in 2019).

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