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Kazakhstan's crude oil export to Italy up

Oil&Gas Materials 23 July 2021 16:00 (UTC +04:00)

BAKU, Azerbaijan, July 23

By Nargiz Sadikhova - Trend:

Kazakhstan has exported 273,193 tons of crude petroleum oil and oil obtained from bituminous minerals worth 108.2 million euros to Italy in March 2021, a Eurostat official told Trend.

Kazakhstan exported 358,092 tons of crude petroleum oil and oil obtained from bituminous minerals worth 140.1 million euros over 1Q2021.

Thus, compared to February 2021, the March volume of export was 2.2 times more, whereas the March export value was 2.3 times more. No export was carried out in January 2021.

The value of trade turnover between Kazakhstan and Italy amounted to $1.4 billion from January through March 2021, compared to $2.7 billion during the same period of 2020.

Kazakhstan’s exports to Italy amounted to $1.2 billion from January through March 2021, compared to $2.5 billion during the same period of 2020.

In turn, Kazakhstan’s imports from Italy amounted to nearly $184.8 million over the reporting period, compared to $224.4 million during the same period of 2020.

The total volume of Kazakhstan’s trade turnover amounted to $19.7 billion from January through March 2021, which indicates a decrease from $21.7 billion during the same period of 2020.

Kazakhstan’s export amounted to $11.5 billion during the reporting period of 2021 ($14.3 billion in the same period of 2020), whereas imports amounted to $8.2 billion ($7.4 billion in 2020).

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