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Kazakhstan increases import of French-made goods despite COVID-19

Business Materials 13 August 2020 21:53 (UTC +04:00)
Kazakhstan increases import of French-made goods despite COVID-19

BAKU, Azerbaijan, Aug.13

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and France amounted to $1.3 billion over 1H2020, compared to $2.2 billion during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of France in total value of Kazakhstan’s trade turnover stood at less than 3.3 percent during the reporting period compared to 4.9 percent during the same period of 2019.

Kazakhstan’s export to France amounted to $1.03 billion over the period from January through June 2020, compared to $1.9 billion during the same period of 2019.

France’s share in total volume of Kazakhstan’s export amounted to less than 4 percent during the reporting period of 2020 compared to 6.9 percent during the same period of 2019.

In turn, Kazakhstan’s imports from France amounted to nearly $346.8 million over the reporting period, compared to $272.1 million during the same period of 2019.

France’s share in total volume of Kazakhstan’s import amounted to 2.1 percent during the reporting period of 2020 compared to 1.6 percent during the same period of 2019.

The total volume of Kazakhstan’s trade turnover amounted to $42.5 billion over the period from Jan. through June 2020 which indicates a decrease from $46.1 billion during the same period of 2019.

Kazakhstan’s export amounted to $26 billion during the reporting period of 2020 ($28.6 billion in the same period of 2019), whereas import amounted to $16.5 billion ($17.5 billion in 2019).

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