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Kazakhstan boosts its trade with countries of EU

Finance Materials 20 December 2021 15:33 (UTC +04:00)
Kazakhstan boosts its trade with countries of EU

BAKU, Azerbaijan, December 20

By Nargiz Sadikhova - Trend

Kazakhstan’s trade with the countries of the European Union has amounted to $24.5 billion over the period from January through September 2021, which is 20.4 percent more than $20.3 billion over the same period of last year, Trend reports citing Kazakhstan’s Statistics Committee.

Kazakhstan’s largest trade partner among the EU was Italy with indicators worth $7.8 billion over the reporting period, which is 25.2 percent more than during the same period last year ($6.2 billion). Kazakhstan’s export to Italy was $7.1 billion ($5.4 billion over 10M2020, whereas import was $656.2 million ($775.5 million).

The second largest trade partner of Kazakhstan was the Netherlands with an overall trade value of $3.7 billion over the reporting period, which is 36.2 percent more than $2.7 billion during the same period last year. Kazakhstan’s export amounted to $3.6 billion ($2.5 billion over 10M2020), and import was $180.2 million ($193.1 million over 10M2020).

The third largest trade partner of Kazakhstan among EU countries over the reporting period was France. Kazakhstan’s trade with France stood at $2.5 billion over the period from January through October 2021, which is 15.6 percent more than during the same period of 2020.

Kazakhstan’s export to France stood at $1.9 billion ($1.5 billion over 10M2020), whereas import was $532.1 million ($775.5 million over 10M2020).

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.

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