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Kazakhstan decreases crude oil exports to Türkiye

Kazakhstan Materials 29 April 2024 21:41 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, April 29. Kazakhstan's crude oil exports to Türkiye amounted to 252,985 tons in February 2024, Trend reports.

According to Türkiye's Energy Market Regulatory Authority (EPDK), export volume fell by more than 30 percent from the same period in 2023 (362,131 tons).

Kazakhstan accounted for 7.06 percent of Türkiye's total crude oil imports in February 2024 (2.26 million tons).

Furthermore, Türkiye's crude oil imports from Kazakhstan totaled 464,958 tons during January and February.

Meanwhile, Kazakhstan and Türkiye's commercial turnover was $6 billion in 2023. The volume of trade turnover fell by 5.3 percent from the same time in 2022 ($6.3 billion).

In terms of trade turnover, exports to Türkiye during the aforementioned period amounted to $3.9 billion, which is 16.4 percent less than from January to December 2022 ($4.7 billion).

Furthermore, imports from Türkiye climbed by 27 percent between January and December 2023, totaling $2 billion. In 2022, imports totaled $1.6 billion.

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