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Kazakhstan boosts exports to Belgium despite COVID-related restrictions

Business Materials 26 January 2021 11:25
Kazakhstan boosts exports to Belgium despite COVID-related restrictions

BAKU, Azerbaijan, Jan. 26

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Belgium amounted to $299.8 million over the first 11 months of 2020, compared to $318.9 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Belgium in the total value of Kazakhstan’s trade turnover stood at 0.38 percent during the reporting period, compared to 0.35 percent during the same period of 2019.

Kazakhstan’s export to Belgium amounted to $207.7 million over the period from January through Nov. 2020, compared to $188.02 million during the same period of 2019.

Belgium’s share in the total volume of Kazakhstan’s export amounted to 0.5 percent during the reporting period of 2020 compared to 0.4 percent during the same period of 2019.

In turn, Kazakhstan’s imports from Belgium amounted to nearly $92.1 million over the reporting period, compared to $130.9 million during the same period of 2019.

Belgium’s share in the total volume of Kazakhstan’s imports amounted to 0.3 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 $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 Belgium’s trade turnover were food products, agricultural products, as well as products of the chemical industry.

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