ASTANA, Kazakhstan, July 15. The volume of trade turnover between Kazakhstan and Russia amounted to $9.7 billion from January through May 2024, Trend reports.
Data from the country's Bureau of National Statistics shows that this is 12.5 percent less than in the same period in 2023 ($11.1 billion).
Kazakhstan's exports to Russia in the first five months of 2024 amounted to $3.36 billion, which is 21.5 percent less year-on-year ($4.3 billion).
In addition, imports from Russia from January through May 2024 decreased by 6.7 percent to $6.3 billion. For the same period in 2023, this figure was $6.8 billion.
Meanwhile, 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.
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.