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Trade turnover between Kazakhstan, Türkiye decreases in early 2024

Kazakhstan Materials 26 March 2024 05:19 (UTC +04:00)
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, March 26. The volume of trade turnover between Kazakhstan and Türkiye amounted to $401 million in January 2024, Trend reports.

Data from the country's Bureau of National Statistics shows that the volume of trade turnover decreased by 20.8 percent compared to the same period in 2023 ($507 million).

At the same time, in the structure of trade turnover, exports to Türkiye for the above period amounted to $271 million, which is 21.9 percent less than January 2023 ($347 million).

In addition, imports from Türkiye in January 2024 decreased by 18.6 percent and amounted to $130 million. In January 2023, imports amounted to $159 million.

Meanwhile, the volume of trade turnover between Kazakhstan and Türkiye amounted to $6 billion in 2023. The volume of trade turnover decreased by 5.3 percent compared to the same period in 2022 ($6.3 billion).

At the same time, in the structure of trade turnover, exports to Türkiye for the above period amounted to $3.9 billion, which is 16.4 percent less than from January through December 2022 ($4.7 billion).

In addition, imports from Türkiye from January through December 2023 increased by 27 percent and amounted to $2 billion. For 2022, imports amounted to $1.6 billion.

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