ASTANA, Kazakhstan, February 19. The volume of trade turnover between Kazakhstan and the UK amounted to $1.18 billion in 2023, Trend reports.
Data from the country's Bureau of National Statistics shows that the volume of trade turnover decreased by 36 percent compared to the same period in 2022 ($1.84 billion).
At the same time, in the structure of trade turnover, exports to the UK for the above period amounted to $702 million, which is 52 percent less than from January through December 2022 ($1.46 billion).
In addition, imports from the UK from January through December 2023 increased by 24.5 percent and amounted to $478.6 million. For 2022, imports amounted to $384.3 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.