ASTANA, Kazakhstan, February 20. Kazakhstan's trade turnover with the African countries amounted to $680.5 million from January through December 2023, Trend reports.
Data from the country's Bureau of National Statistics shows that the volume of trade turnover decreased by 32 percent compared to the same period in 2022 ($1 billion).
At the same time, in the structure of trade turnover, exports to the African countries for the above period amounted to $313.7 million, which is 54 percent less than from January through December 2022 ($693.7 million).
In addition, imports from the African countries from January through December 2023 increased by 17 percent and amounted to $366.7 million. For 2022, imports amounted to $313.2 million.
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.