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Kazakhstan boosts retail trade value

Business Materials 11 August 2021 12:01 (UTC +04:00)
Kazakhstan boosts retail trade value

BAKU, Azerbaijan, August 11

By Nargiz Sadikhova - Trend:

The value of the retail trade in Kazakhstan amounted to 6.4 trillion tenge (approximately $15.3 billion) over the period from January through July 2021, which is 7.2 percent more compared to the same period of 2020, Trend reports with reference to the Committee of Statistics of Kazakhstan.

According to the data, the largest percentage in the total retail trade turnover accounts for individual entrepreneurs (32.9 percent) during the reporting month.

It is followed by small businesses (31.3 percent) and large businesses (23.8 percent). The least amount of retail trade turnover accounts for medium businesses (11.9 percent).

The largest share of the retail trade accounts for Almaty city. Some 31.5 percent of the total trade turnover accounts for this city and the value of trade turnover here went up by 15.9 percent during the reporting period, compared to the same month of 2020.

The major part of the retail trade turnover accounts for Nur-Sultan city (11.3 percent; volume increased by 5 percent), Karaganda region (8.9 percent; volume increased by 1.9 percent), and East Kazakhstan region (9 percent; increase by 6.3 percent).

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Follow the author on Twitter: @nargiz_sadikh

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