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US decreases import of Kazakh-made goods

Business Materials 5 July 2021 15:33 (UTC +04:00)
US decreases import of Kazakh-made goods

BAKU, Azerbaijan, July 5

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and the US amounted to $553.9 million from January through April 2021, compared to $604.1 million during the same period of 2020, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of the US in the total value of Kazakhstan’s trade turnover stood at 2 percent during the reporting period, compared to 2.1 percent during the same period of 2020.

Kazakhstan’s exports to the US amounted to $197.9 million from January through April 2021, compared to $219.9 million during the same period of 2020.

The US’s share in the total volume of Kazakhstan’s exports amounted to 1.18 percent during the reporting period of 2021, compared to 1.16 percent during the same period of 2020.

In turn, Kazakhstan’s imports from the US amounted to nearly $355.9 million over the reporting period, compared to $384.1 million during the same period of 2020.

The US’s share in the total volume of Kazakhstan’s imports amounted to 3.1 percent during the reporting period of 2021, compared to 3.8 percent during the same period of 2020.

The total volume of Kazakhstan’s trade turnover amounted to $28.1 billion from January through April 2021, which indicates a decrease from $29.1 billion during the same period of 2020.

Kazakhstan’s export amounted to $16.7 billion during the reporting period of 2021 ($18.9 billion in the same period of 2020), whereas imports amounted to $11.3 billion ($10.2 billion in 2020).

During the reporting period, the main articles of Kazakhstan- the US trade turnover were food products, agricultural products, as well as products of the chemical industry.

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