BAKU, Azerbaijan, Oct.9
By Nargiz Sadikhova - Trend:
The value of trade turnover between Kazakhstan and CIS countries amounted to $12.9 billion over the first seven months of 2020, compared to $14.9 billion during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.
The share of CIS countries in the total value of Kazakhstan’s trade turnover stood at 26.6 percent during the reporting period compared to 27.4 percent during the same period of 2019.
Kazakhstan’s export to CIS countries amounted to $4.6 billion over the period from January through July 2020, compared to $5.7 billion during the same period of 2019
CIS countries’ share in the total volume of Kazakhstan’s export amounted to 16.3 percent during the reporting period of 2020 compared to 17.5 percent during the same period of 2019.
In turn, Kazakhstan’s imports from CIS countries amounted to nearly $8.3 billion over the reporting period, compared to $9.1 billion during the same period of 2019.
CIS countries’ share in the total volume of Kazakhstan’s import amounted to 41.3 percent during the reporting period of 2020 compared to 42.6 percent during the same period of 2019.
The total volume of Kazakhstan’s trade turnover amounted to $48.7 billion over the period from Jan. through July 2020 which indicates a decrease from $54.5 billion during the same period of 2019.
Kazakhstan’s export amounted to $28.6 billion during the reporting period of 2020 ($33.03 billion in the same period of 2019), whereas imports amounted to $20.1 billion ($21.5 billion in 2019).
During the reporting period, the main articles of Kazakhstan and the CIS countries' trade turnover were food products, agricultural products, as well as products of the chemical industry.
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