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Kazakhstan boosts trade with Turkey in 2021

Business Materials 17 February 2022 12:13 (UTC +04:00)
Kazakhstan boosts trade with Turkey in 2021

BAKU, Azerbaijan, February 17

By Nargiz Sadikhova - Trend:

The value of trade turnover between Kazakhstan and Turkey amounted to $4.1 billion from January through December 2021, compared to $3.08 billion during the same period of 2020, Trend reports with reference to Kazakhstan’s Statistics Committee.

The share of Turkey in the total value of Kazakhstan’s trade turnover stood at 4 percent during the reporting period, compared to 3.6 percent during the same period of 2020.

Kazakhstan’s exports to Turkey amounted to $2.9 billion in 2021, compared to $2.1 billion during the same period of 2020.

Turkey’s share in the total volume of Kazakhstan’s exports amounted to 4.9 percent during the reporting period of 2021, compared to 4.5 percent during the same period of 2020.

In turn, Kazakhstan’s imports from Turkey amounted to nearly $1.1 billion over the reporting period, compared to $950.9 million during the same period of 2020.

Turkey’s share in the total volume of Kazakhstan’s imports amounted to 2.8 percent during the reporting period of 2021, compared to 2.4 percent during the same period of 2020.

Kazakhstan’s foreign trade turnover amounted to $101.5 billion over 2021, which indicates an increase of 19.1 percent as compared to $86.4 billion during the same period last year.

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