BAKU, Azerbaijan, December 23
By Nargiz Sadikhova - Trend:
Kazakhstan’s foreign trade turnover amounted to $82.1 billion over the period from January through October 2021, which indicates an increase of 14 percent as compared to $72.05 billion during the same period last year, Trend reports citing Kazakhstan’s Statistics Committee.
The largest share of Kazakhstan’s foreign trade over the reporting period accounted for Russia with $19.4 billion in trade, which is 29.02 percent more than $15.08 billion over the same period of 2020. Russia accounted for 23.7 percent of Kazakhstan’s total foreign trade during the reporting period of 2021.
Kazakhstan’s export to Russia amounted to $5.6 billion ($4.03 billion over the 10M2020), whereas imports equaled $13.8 billion ($11.04 billion over 10M2020)
Russia is followed by China with a share of 18.2 percent in the total foreign trade turnover. China’s trade with Kazakhstan grew by 12.5 percent year-on-year from $13.2 billion over the first 10 months of 2020 to $14.9 billion in the same period of 2021.
Kazakhstan’s export to China amounted to $8.1 billion ($8 billion over 10M2020), whereas imports amounted to $6.7 billion ($5.2 billion over 10M2020).
The third-largest trade partner of Kazakhstan was Italy with $7.8 billion in trade, which is 25.7 percent more than $6.2 billion over the same period of 2020. Italy accounted for 9.5 percent of Kazakhstan’s total foreign trade during the reporting period of 2021.
Kazakhstan's export to Italy stood at $7.1 billion ($5.4 billion over 10M2020), whereas imports equaled $656.2 million ($775.5 million over 10M2020).
---
Follow the author on Twitter: @nargiz_sadikh