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Kazakhstan boosts imports from Norway year-on-year

Business Materials 4 February 2021 11:12
Kazakhstan boosts imports from Norway year-on-year

BAKU, Azerbaijan, Feb. 4

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Norway amounted to $81.7 million over the first 11 months of 2020, compared to $82.01 million during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Norway in the total value of Kazakhstan’s trade turnover stood at 0.10 percent during the reporting period, compared to 0.09 percent during the same period of 2019.

Kazakhstan’s export to Norway amounted to $4.03 million over the period from January through Nov. 2020, compared to $8.3 million during the same period of 2019.

Norway’s share in the total volume of Kazakhstan’s export amounted to less than 0.01 percent during the reporting period of both 2020 and 2019.

In turn, Kazakhstan’s imports from Norway amounted to nearly $77.6 million over the reporting period, compared to $73.6 million during the same period of 2019.

Norway’s share in the total volume of Kazakhstan’s imports amounted to less than 0.22 percent during the reporting period of 2020 compared to less than 0.20 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 in 2019).

During the reporting period, the main articles of Kazakhstan and Norway’s trade turnover were food products, agricultural products, as well as products of the chemical industry.

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