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Kazakhstan-India trade plummets

Business Materials 24 May 2022 16:17 (UTC +04:00)
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, May 24. The value of trade turnover between Kazakhstan and India amounted to $224.3 million over the period from January through March 2022, compared to $541.5 million during the same months of 2021, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of India in the total value of Kazakhstan’s trade turnover stood at 0.8 percent during the reporting period, compared to 2.7 percent during the same period of 2021.

Kazakhstan’s exports to India amounted to $133.4 million over the period from January through March 2022, compared to $403.9 million during the same period of 2021.

India’s share in the total volume of Kazakhstan’s exports amounted to 0.7 percent during the reporting period of 2022, compared to 3.5 percent during the same period of 2021.

In turn, Kazakhstan’s imports from India amounted to nearly $90.9 million over the reporting period, compared to $137.6 million during the same period of 2021.

India’s share in the total volume of Kazakhstan’s imports amounted to 1 percent during the reporting period of 2022, compared to 1.7 percent during the same period of 2021.

Kazakhstan’s foreign trade turnover amounted to $28.6 billion over the period from January through March 2022, which indicates an increase of 45.3 percent as compared to $19.7 billion during the same period last year.

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