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China increases exports to Kazakhstan despite global pandemic

Business Materials 27 July 2021 11:47 (UTC +04:00)
China increases exports to Kazakhstan despite global pandemic

BAKU, Azerbaijan, July 27

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and China amounted to $6.5 billion from January through May 2021, compared to $6.01 billion during the same period of 2020, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of China in the total value of Kazakhstan’s trade turnover stood at 18.1 percent during the reporting period, compared to 16.7 percent during the same period of 2020.

Kazakhstan’s exports to China amounted to $3.7 billion from January through May 2021, compared to $4.04 billion during the same period of 2020.

China’s share in the total volume of Kazakhstan’s exports amounted to 17.1 percent during the reporting period of 2021, compared to 17.6 percent during the same period of 2020.

In turn, Kazakhstan’s imports from China amounted to nearly $2.8 billion over the reporting period, compared to $1.9 billion during the same period of 2020.

China’s share in the total volume of Kazakhstan’s imports amounted to 19.6 percent during the reporting period of 2021, compared to 14.9 percent during the same period of 2020.

The total volume of Kazakhstan’s trade turnover amounted to $36.4 billion from January through May 2021, which indicates a decrease from $36.07 billion during the same period of 2020.

Kazakhstan’s export amounted to $21.6 billion during the reporting period of 2021 ($22.9 billion in the same period of 2020), whereas imports amounted to $14.7 billion ($13.1 billion in 2020).

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

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