BAKU, Azerbaijan, Aug. 1
By Nargiz Sadikhova - Trend:
The value of trade turnover between Kazakhstan and China amounted to $5.75 billion over first five months of 2020, compared to $5.71 billion during the same period of 2019, Trend reports with reference to Kazakhstan’s Statistics Committee.
The share of China in total value of Kazakhstan’s trade turnover was 16.5 percent during the reporting period of 2020 compared to 15.2 percent during the same period of 2019.
Kazakhstan’s export to China amounted to $3.8 billion over the period from January through May 2020, compared to $3.3 billion during the same period of 2019.
China’s share in total volume of Kazakhstan’s export amounted to 17.3 percent during the reporting period of 2020 compared to 14.1 percent during the same period of 2019.
In turn, Kazakhstan’s imports from China amounted to $1.8 billion over the reporting period, compared to $2.3 billion during the same period of 2019.
China’s total share in Kazakhstan’s import was 15 percent during the reporting period of 2020 which is compared to less than 17.1 percent during the same period of 2019.
The total volume of Kazakhstan’s trade turnover amounted to $34.9 billion over the period from Jan. through May 2020 which indicates a decrease from $37.5 billion during the same period of 2019.
Kazakhstan’s export amounted to $22.3 billion during the reporting period of 2020 ($23.6 billion in the same period of 2019), whereas import amounted to $12.6 billion ($13.9 billion).
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