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Kazakhstan's export to UK drops in 1H2020

Business Materials 26 August 2020 13:33 (UTC +04:00)
Kazakhstan's export to UK drops in 1H2020

BAKU, Azerbaijan, Aug. 26

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and the UK amounted to $471.8 million over 1H2020, compared to $539.7 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of the UK in the total value of Kazakhstan’s trade turnover stood at 1.1 percent during the reporting period compared to 1.2 percent during the same period of 2019.

Kazakhstan’s export to the UK amounted to $288.2 million over the period from January through June 2020, compared to $315.8 million during the same period of 2019.

The UK’s share in the total volume of Kazakhstan’s export also amounted to 1.1 percent during the reporting period of 2020 compared to 1.1 percent during the same period of 2019 indicating it was flat year-on-year.

In turn, Kazakhstan’s imports from the UK stood at about $183.6 million over the reporting period, compared to $223.8 million during the same period of 2019.

The UK’s share in the total volume of Kazakhstan’s import amounted to 1.1 percent during the reporting period of 2020 compared to 1.3 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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