ASTANA, Kazakhstan, October 19. Kazakhstan’s exports to China amounted to $9 billion from January through August 2023, Trend reports.
Compared to the same period last year, exports increased by 2.1 percent.
The growth of exports to China is justified by an increase in supplies of such goods as: copper ores and concentrates - by 24.7 percent to $1.7 billion, uranium - by 56.9 percent to $553.1 million, wheat - an increase of 20.9 times to $110.2 million, barley - an increase of 4.1 times to $102.4 million, raw zinc - an increase of 2.7 times to $116.7 million, gas - by 9.4 percent to $735.2 million.
At the same time, there is a decrease in export supplies of such goods as copper and copper cathodes - by 24.3 percent to $1.3 billion and crude oil - by 9.3 percent to $2.6 billion.
Trade turnover between Kazakhstan and China amounted to $19 billion from January through August 2023, which is 22.6 percent higher than in the same period of the previous year ($15.5 billion)
This year, China's share of total trade turnover was 21 percent.
In 2022, Kazakhstan’s trade turnover with China amounted to $24.1 billion, which is 34.1 percent more than a year earlier.
Exports from Kazakhstan increased over the year by 34.7 percent, to $13.2 billion. The share of Kazakhstan's exports to China accounted for a significant 15.6 percent of the country's total trade turnover.
Imports from China to Kazakhstan grew by 33.5 percent over the year, to $11 billion. China's share in the structure of imports from the Republic of Kazakhstan amounted to 21.9 percent.