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Kazakhstan's crude petroleum oil exports to Austria surge

Oil&Gas Materials 4 September 2020 16:00 (UTC +04:00)
Kazakhstan's crude petroleum oil exports to Austria surge

BAKU, Azerbaijan, Sept. 4

By Nargiz Sadikhova - Trend:

Kazakhstan has exported 109,613 tons of crude petroleum oil and oil obtained from bituminous minerals worth 23.2 million euros to Austria in June 2020, Eurostat official told Trend.

In turn, Kazakhstan exported 13.8 million tons of petroleum oil and oil obtained from bituminous minerals worth 472.06 million euros to Austria in 1H2020.

Thus, the June volume of crude oil and oil obtained from bituminous minerals from Kazakhstan to Austria is 4.2 percent more than in volume compared to May 2020 (105,100 tons) and is 68.7 percent less than in Jan. 2020 (351,040 tons).

June’s export value is also 58.2 percent more than in May 2020 (14.7 million euros) and is 85.8 percent less than in Jan. 2020 (164.8 million euros).

The value of trade turnover between Kazakhstan and Austria amounted to $69.5 million over 1H2020, compared to $83.1 million during the same period of 2019.

Kazakhstan’s export to Austria amounted to $2.3 million over the period from January through June 2020, compared to $2.6 million during the same period of 2019.

In turn, Kazakhstan’s imports from Austria stood at about $67.1 million over the reporting period, compared to $80.5 million during the same period of 2019.

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