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Kazakhstan reveals volume of foreign trade turnover for 8M2023

Kazakhstan Materials 10 October 2023 18:27 (UTC +04:00)
Kazakhstan reveals volume of foreign trade turnover for 8M2023
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, October 10. Kazakhstan's foreign trade turnover amounted to $91.1 billion from January through August 2023, said Minister of National Economy Alibek Kuantyrov at a government meeting, Trend reports.

As he noted, this figure exceeds the same period last year by 4.2 percent.

"Exports reached $51.2 billion, including processed goods – $16.2 billion, imports – $39.8 billion," he said.

According to Kuantyrov, in general, the positive trade balance of Kazakhstan is $11.4 billion.

The meeting also reviewed the results of the socio-economic development of Kazakhstan and the execution of the republican budget from January through September of the current year.

Kazakhstan's foreign trade turnover from January through December 2022 amounted to $134.437 billion and compared to the same period of 2021 in nominal terms increased by 32.1 percent, including exports - $84.4 billion (in nominal terms by 39.9 percent more), imports - $50.04 billion (in nominal terms, 20.8 percent more).

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