The value of trade turnover between Kazakhstan and Russia amounted to $5.2 billion over the first four months of 2020 compared to $5.7 billion during the same period of 2019, the Statistics Committee reported.
The share of Russia in total value of Kazakhstan’s trade turnover was 18.7% during the reporting period of 2020 compared to 20.1% during the same period of 2019.
Kazakhstan’s export to Russia amounted to $1.4 billion over the period from January through April compared to $1.7 billion during the same period of 2019.
Russia’s share in total volume of Kazakhstan’s export amounted to 7.7% during the reporting period of 2020, compared to 9.2% during the same period of 2019.
In turn, Kazakhstan’s import from Russia amounted to $3.8 billion over the reporting period compared to $4.08 billion during the same period of 2019.
Russia’s total share in Kazakhstan’s import was 39.2% during the reporting period of 2020, which compared to 39.6% during the same period of 2019, was also flat YoY.
Total volume of Kazakhstan’s trade turnover amounted to $28.1 billion over the period from January through April, which indicated a decrease from $28.8 billion during the same period of 2019.
Kazakhstan’s export amounted to $18.3 billion during the reporting period of 2020 ($18.5 billion in the same period of 2019), whereas import amounted to $9.8 billion ($10.3 billion). (Trend/Business World Magazine)