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Trade turnover data between Kazakhstan and US disclosed

Kazakhstan Materials 18 February 2024 00:21 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, February 18. The volume of trade turnover between Kazakhstan and the US amounted to $4.051 billion in 2023, Trend reports.

Data from the country's Bureau of National Statistics shows that the volume of trade turnover increased by 32.7 percent compared to the same period in 2022 ($3.053 billion).

At the same time, in the structure of trade turnover, exports to the US for the above period amounted to $1.509 billion, which is 30.1 percent more than from January through December 2022 ($1.152 billion).

In addition, imports from the US from January through December 2023 increased by 33.7 percent and amounted to $2.541 billion. For 2022, imports amounted to $1.9 billion.

To note, the volume of foreign trade turnover of Kazakhstan amounted to $139.8 billion from January through December 2023. This is 3.2 percent higher than in the same period in 2022.

Exports totaled $78.6 billion (in nominal terms, 7 percent less than the same time in 2022). At the same time, imports grew by 20.1 percent, totaling $61.1 billion.

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