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Kazakhstan's crude oil exports to Greece plummets in June

Oil&Gas Materials 4 September 2020 13:48 (UTC +04:00)

BAKU, Azerbaijan, Sept.3

By Nargiz Sadikhova - Trend:

Kazakhstan has exported 282,301 tons of crude petroleum oil and oil obtained from bituminous minerals worth 61.2 million euros to Greece in June 2020, Eurostat official told Trend.

In turn, Kazakhstan exported 2.7 million tons of petroleum oil and oil obtained from bituminous minerals worth 832.01 million euros to Greece in 1H2020.

Thus, the June volume of petroleum oil and oil obtained from bituminous minerals from Kazakhstan to Greece is 50.3 percent less than in volume compared to May 2020 (569,099 tons) and is 31.6 percent less than in Jan. 2020 (413,010 tons).

June’s export value is also 20.5 percent less than in May 2020 (77.01 million euros) and is 67.6 percent less than in Jan. 2020 (189.3 million euros).

The value of trade turnover between Kazakhstan and Greece amounted to $781.1 million over 1H2020, compared to $695.2 million during the same period of 2019.

Kazakhstan’s export to Greece amounted to $772.6 million over the period from January through June 2020, compared to $686.7 million during the same period of 2019.

In turn, Kazakhstan’s imports from Greece stood at about $8.44 million over the reporting period, compared to $8.43 million during the same period of 2019.

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