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Kazakhstan reveals volume of trade turnover with Italy in 1Q2024

Kazakhstan Materials 3 June 2024 21:45 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, June 3. The volume of trade turnover between Kazakhstan and Italy amounted to $4.54 billion from January through March 2024, Trend reports.

Data from the country's Bureau of National Statistics shows that this is 6.1 percent more than in the same period in 2023 ($4.28 billion).

Exports to Italy dominated trade turnover, at $4.25 billion, or 6.5 percent more than in January-March 2023.

Furthermore, imports from Italy rose by 2.1 percent during the aforementioned period, totaling $291.6 million. From January through March 2023, imports totaled $285.6 million.

Meanwhile, the volume of trade turnover between Kazakhstan and Italy amounted to $16.071 billion in 2023. The volume of trade turnover increased by 7.8 percent compared to the same period in 2022 ($14.9 billion).

At the same time, in terms of trade turnover structure, exports to Italy for the aforementioned period totaled $14.883 billion, a 7.44 percent increase over the period from January through December 2022.

In addition, imports from Italy climbed by 17.3 percent from January through December 2023, totaling $1.237 billion. In 2022, imports totaled $1.054 billion.

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