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Kazakhstan's export of locally-made goods to Israel plummets

Business Materials 4 August 2020 07:59 (UTC +04:00)
Kazakhstan's export of locally-made goods to Israel plummets

BAKU, Azerbaijan, Aug. 4

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Israel amounted to $199.4 million over first five months of 2020, compared to $250.3 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Israel in total value of Kazakhstan’s trade turnover was 0.6 percent during the reporting period of 2020 compared to 0.7 percent during the same period of 2019.

Kazakhstan’s export to Israel amounted to $183.7 million over the period from January through May 2020, compared to $236.9 million during the same period of 2019.

Israel’s share in total volume of Kazakhstan’s export amounted to 0.8 percent during the reporting period of 2020 compared to 1 percent during the same period of 2019.

In turn, Kazakhstan’s imports from Israel amounted to $15.7 million over the reporting period, compared to $13.4 million during the same period of 2019.

Israel’s total share in Kazakhstan’s import was 0.1 percent during the reporting period of 2020 which is flat year-on-year.

The total volume of Kazakhstan’s trade turnover amounted to $34.9 billion over the period from Jan. through May 2020 which indicates a decrease from $37.5 billion during the same period of 2019.

Kazakhstan’s export amounted to $22.3 billion during the reporting period of 2020 ($23.6 billion in the same period of 2019), whereas import amounted to $12.6 billion ($13.9 billion).

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