In the first six months of this year, Kazakhstan’s foreign trade turnover has surged to $63.7 billion

In the first six months of this year, Kazakhstan’s foreign trade turnover has surged to $63.7 billion, the highest rate in nine years, according to data from the Economic Research Institute released on Tuesday (16 August)

 

The country increased its exports to $42.2 billion and imports to $21.5 billion.

“The exports growth was generated by an increase in oil supplies by 85 percent – from $13.5 to $24.8 billion, while non-oil exports increased by 28 percent – from $13.6 to $17.4 billion,” the report reads. Türkiye is among the top four main trading partners of Kazakhstan.

In the reporting period, Kazakhstan's trade turnover with China reached a record $11 billion.

source: commonspace.eu with Astana Times (Nur Sultan)

  

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
EU Foreign Policy Chief Kaja Kallas ends visit to Yerevan aimed at strengthening partnership with Armenia

EU Foreign Policy Chief Kaja Kallas ends visit to Yerevan aimed at strengthening partnership with Armenia

EU High Representative for Foreign Affairs and Security Policy Kaja Kallas has ended her official visit to Armenia after signing a partnership agreement with authorities in Yerevan. Following talks with Armenian Foreign Minister Ararat Mirzoyan, a joint press conference was held in which the media was briefed about an agreement outlining Armenia’s participation in the European Union’s Common Security and Defence Policy crisis management operations. According to Kallas, the document envisions Armenia’s participation in EU missions around the world.

Popular

Editor's choice
News
EU Foreign Policy Chief Kaja Kallas ends visit to Yerevan aimed at strengthening partnership with Armenia

EU Foreign Policy Chief Kaja Kallas ends visit to Yerevan aimed at strengthening partnership with Armenia

EU High Representative for Foreign Affairs and Security Policy Kaja Kallas has ended her official visit to Armenia after signing a partnership agreement with authorities in Yerevan. Following talks with Armenian Foreign Minister Ararat Mirzoyan, a joint press conference was held in which the media was briefed about an agreement outlining Armenia’s participation in the European Union’s Common Security and Defence Policy crisis management operations. According to Kallas, the document envisions Armenia’s participation in EU missions around the world.