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Kazakhstan's export to Indonesia plummets amid COVID-19

Business Materials 10 September 2020 23:19 (UTC +04:00)
Kazakhstan's export to Indonesia plummets amid COVID-19

BAKU, Azerbaijan, Sept. 10

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Indonesia amounted to $38.8 million over 1H2020, compared to $105.4 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Indonesia in the total value of Kazakhstan’s trade turnover stood at 0.1 percent during the reporting period compared to 0.2 percent during the same period of 2019.

Kazakhstan’s export to Indonesia amounted to $23.7 million over the period from January through June 2020, compared to $28.6 million during the same period of 2019.

Indonesia’s share in the total volume of Kazakhstan’s export also amounted to 0.091 percent during the reporting period of 2020 compared to 0.099 percent during the same period of 2019.

In turn, Kazakhstan’s imports from Indonesia stood at about $15.1 million over the reporting period, compared to $76.8 million during the same period of 2019.

Indonesia’s share in the total volume of Kazakhstan’s import amounted to 0.1 percent during the reporting period of 2020 compared to 0.4 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 imports amounted to $16.5 billion ($17.5 billion in 2019).

During the reporting period Indonesia has exported fish, nuts, oil and other food products, as well as chemicals and plastic goods to Kazakhstan.

In turn, Kazakhstan has exported alcohol, manganese, ferroalloys, spares for pipes, to Indonesia.

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