Baku, Azerbaijan, Apr. 16
By Elena Kosolapova - Trend:
Kazakhstan's trade turnover with the Eurasian Economic Union (EEU) countries amounted to $1.61 billion in January-February 2016, which is by 34.1 percent less than the same period of 2015, the Statistics Committee of the country's National Economy Ministry said Apr. 15.
Meanwhile, Kazakhstan's export to other EEU countries decreased by 24 percent - to $508.6 million, import - by 37.9 percent - to $1.1 billion, said the Committee.
A significant part ($1.53 billion) of Kazakhstan's trade turnover with the EEU countries accounted
for the trade turnover with Russia. Despite this fact, Kazakhstan's export to Russia totaled $471.5 million in January-February 2016, which is by 15.4 percent less than the same period of 2015. The country's import from Russia amounted to $1.05 billion in the first two months of 2016, which is by 26.9 percent less than the same period of 2015.
Kazakhstan exports mineral products (35.3 percent of the total volume of the country's export to the EEU countries), chemical products (22.9 percent), metals and metal products (19.4 percent), products with animal and vegetable origin, ready foodstuff (10.9 percent).
The country mainly imports vehicles and equipment (25.3 percent of the total volume of the country's import from the EEU countries), mineral products (18.8 percent), chemical products (16.9 percent), products with animal and vegetable origin, ready foodstuff (14.6 percent), metals and metal products (10.7 percent) from the EEU countries.
In 2015, Kazakhstan's trade turnover with the EEU countries decreased by 28.6 percent - to $15.77 billion as compared to 2014.
The Eurasian Economic Union (EAEU or EEU) is an economic union of states located primarily in northern Eurasia. The EEU operates since 2015 and includes Russia, Kazakhstan, Belarus, Kyrgyzstan and Armenia.
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