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Kazakhstan increases export to Japan despite COVID-19

Business Materials 9 September 2020 14:43 (UTC +04:00)
Kazakhstan increases export to Japan despite COVID-19

BAKU, Azerbaijan, Sept. 9

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Japan amounted to $805.01 million over 1H2020, compared to $809.2 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Japan in the total value of Kazakhstan’s trade turnover stood at 1.9 percent during the reporting period compared to 1.8 percent during the same period of 2019.

Kazakh exports to Japan amounted to $549.3 million over the period from January through June 2020, compared to $473.5 million during the same period of 2019.
Japan’s share in the total volume of Kazakhstan’s export also amounted to 2.1 percent during the reporting period of 2020 compared to 1.7 percent during the same period of 2019.

In turn, Kazakhstan’s imports from Japan stood at about $255.6 million over the reporting period, compared to $335.6 million during the same period of 2019.
Japan’s share in the total volume of Kazakhstan’s import amounted to 1.5 percent during the reporting period of 2020 compared to 1.9 percent during the same period of 2019.

The total volume of Kazakhstan’s trade turnover amounted to $42.5 billion over the period from January 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 imports amounted to $16.5 billion ($17.5 billion in 2019).

During the reporting period, Kazakhstan has exported spare parts for vehicles and machinery, cables, electric equipment, weighing equipment, aluminum, articles of ferrous metals, ferroalloys, and other goods to Japan.

In turn, Japan exported tea, coffee, rice, other types of food products, some petroleum products, metals, fertilizers, paints, activated coal, and other goods to Kazakhstan during the reporting period of 2020.

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