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Kazakhstan-Spain trade down twofold in 1Q2020

Business Materials 5 June 2020 12:07 (UTC +04:00)
Kazakhstan-Spain trade down twofold in 1Q2020

BAKU, Azerbaijan, Jun. 5

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Spain amounted to $300.06 million 1Q2020 compared to $651.2 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Spain in total value of Kazakhstan’s trade turnover was 1.4 percent during the reporting period of 2020 compared to 3.2 percent during the same period of 2019.

Kazakhstan’s export to Spain amounted to $264.5 million over the period from January through March 2020 compared to $611.4 million during the same period of 2019.

Spain’s share in total volume of Kazakhstan’s export amounted to 1.9 percent during the reporting period of 2020, compared to 4.6 percent during the same period of 2019.

In turn, Kazakhstan’s import from Spain amounted to $35.5 million over 1Q2020 compared to $39.8 million during the same period of 2019.

Spain’s total share in Kazakhstan’s import was 0.5 percent during the reporting period of 2020 compared to 0.6 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).

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