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Russia triples electricity exports to Kazakhstan over past 5 years

Kazakhstan Materials 21 April 2024 04:25 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 21. Kazakhstan imported 4.7 million MW of electricity worth $235.4 million from Russia in 2023, Trend reports.

The country's Bureau of National Statistics' data shows that, compared to 2019, the volume of imports has more than tripled.

Import dynamics from 2019 through 2023:

Year Volume Cost Difference from 2019
2019 1.39 million MW $56.8 million - - - - - - - - - - - - - - -
2020 1.26 million MW $54.1 million - 9.4 percent
2021 1.81 million MW $86.2 million + 29.8 percent
2022 1.96 million MW $100 million + 40.9 percent
2023 4.7 million MW $235.4 million + 236.3 percent

Meanwhile, Kazakhstan's trade turnover with Russia amounted to $25.9 billion from January through December 2023, which is 3.7 percent less than in 2022.

At the same time, in the structure of trade turnover, exports to Russia for the above period amounted to $9.78 billion, which is 7.6 percent more than 2022 ($9.09 billion).

In addition, imports from Russia from January through December 2023 decreased by 9.4 percent and amounted to $16.2 billion. In 2022, imports amounted to $17.9 billion.

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