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Kazakhstan, Canada trade turnover down amid COVID-19

Business Materials 14 September 2020 21:25 (UTC +04:00)

BAKU, Azerbaijan, Sept. 14

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Canada amounted to $172.1 million over 1H2020, compared to $199.6 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Canada in the total value of Kazakhstan’s trade turnover stood at 0.40 percent during the reporting period compared to 0.43 percent during the same period of 2019.

Kazakhstan’s export to Canada amounted to $102.8 million over the period from January through June 2020, compared to $67.1 million during the same period of 2019.

Canada’s share in the total volume of Kazakhstan’s export also amounted to 0.4 percent during the reporting period of 2020 compared to 0.2 percent during the same period of 2019.

In turn, Kazakhstan’s imports from Canada stood at about $69.7 million over the reporting period, compared to $132.5 million during the same period of 2019.

Canada’s share in the total volume of Kazakhstan’s import amounted to 0.4 percent during the reporting period of 2020 compared to 0.8 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 Canada has exported food products, grain, metal products, as well as chemicals and plastic goods to Kazakhstan.

In turn, Kazakhstan has exported vegetable oil, hygienic products, clothing, products from copper and others to Canada.

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