ASTANA, Kazakhstan, May 21. The volume of trade turnover between Kazakhstan and Russia amounted to $5.6 billion from January through March 2024, Trend reports.
Data from the country's Bureau of National Statistics shows that this is 12.4 percent less than in the same period in 2023 ($6.4 billion).
In the structure of trade turnover, imports from Russia amounted to $3.75 billion, which is 4.1 percent less than in the same period in 2023 ($3.9 billion).
Furthermore, exports to Russia fell by 25.5 percent during the aforementioned period, totaling $1.84 billion. From January through March 2023, exports totaled $2.5 billion.
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.
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.