BAKU, Azerbaijan, Jan. 26
By Nargiz Sadikhova - Trend:
The value of trade turnover between Kazakhstan and EU countries amounted to $22.3 billion over the first 11 months of 2020, compared to $28.9 billion during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.
The share of EU countries in the total value of Kazakhstan’s trade turnover stood at 28.8 percent during the reporting period, compared to 32.4 percent during the same period of 2019.
Kazakhstan’s export to EU countries amounted to $16.8 billion over the period from January through Nov. 2020, compared to $22.8 billion during the same period of 2019.
EU countries’ share in the total volume of Kazakhstan’s export amounted to 38.9 percent during the reporting period of 2020 compared to 43.1 percent during the same period of 2019.
In turn, Kazakhstan’s imports from EU countries amounted to nearly $5.5 billion over the reporting period, compared to $6.06 billion during the same period of 2019.
EU countries’ share in the total volume of Kazakhstan’s imports amounted to 16 percent during the reporting period of 2020 compared to 16.8 percent during the same period of 2019.
The total volume of Kazakhstan’s trade turnover amounted to $77.7 billion over the period from January through Nov. 2020 which indicates a decrease from $89.2 billion during the same period of 2019.
Kazakhstan’s export amounted to $43.3 billion during the reporting period of 2020 ($53.02 billion in the same period of 2019), whereas imports amounted to $34.3 billion ($36.1 billion).
During the reporting period, the main articles of Kazakhstan and EU countries’ trade turnover were food products, agricultural products, as well as products of the chemical industry.
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