ASTANA, Kazakhstan, April 8. Kazakhstan's trade turnover with Russia amounted to $25.9 billion from January through December 2023, which is 3.7 percent less than in 2022, Trend reports.
At the same time, in the structure of trade turnover, exports to Russia for the above period amounted to $9.78 billion, which is 7.6 percent more than 2022 ($9.09 billion).
In addition, imports from Russia from January through December 2023 decreased by 9.4 percent and amounted to $16.2 billion. In 2022, imports amounted to $17.9 billion.
Moreover, compared to 2019, trade turnover between Kazakhstan and Russia countries has increased significantly.
Dynamics of trade turnover growth compared to 2019:
| Year | Volume | Dynamics |
| 2019 | $19.98 billion | - - - - - - - - - - |
| 2020 | $18.77 billion | -6 percent |
| 2021 | $24.62 billion | +23.2 percent |
| 2022 | $26.97 billion | +35 percent |
| 2023 | $25.98 billion | +30 percent |
Meanwhile, Kazakhstan is the absolute leader in attracting investments from Russia in the Eurasian region. The accumulated volume of direct investment from Russia to Kazakhstan in the first half of 2023 reached $13 billion. This volume of investment covers 99 active projects in Kazakhstan.
At the same time, the volume of Kazakhstan's investments in Russia within the framework of 20 active projects at the end of the first half of 2023 is $3.178 billion.
In addition, the total volume of mutual investments in 119 projects is $16.1 billion.