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EU Countries – Main Trade Partners Of Kazakhstan

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EU countries – main trade partners of Kazakhstan

2017-02-21
As much as 39 percent of Kazakhstan’s foreign trade fell on EU countries in 2016, according to Kazakh Statistics committee data.

The trade between Kazakhstan and the EU hit $24.17 billion in the reporting period, including $18.48 billion of Kazakh export and $5.69 billion of Kazakh import.

The trade turnover with the partners within the Eurasian Economic Union (Russia, Belarus, Kyrgyzstan and Armenia) hit $13.58 billion (21.9 percent of all foreign trade of Kazakhstan). Kazakh export to these countries hit almost $3.92 billion, import – $9.67 billion in the reporting period.

The largest trade partners of Kazakhstan among the foreign countries are Russia (almost $12.64 billion of trade in 2016), Italy ($8.31 billion), China ($7.88 billion), Netherlands ($3.54 billion), Switzerland ($2.8 billion), France ($2.46 billion), US ($1.89 billion), Germany ($1.71 billion), Uzbekistan ($1.51 billion), Turkey ($1.47 billion) Ukraine ($1.35 billion), Spain ($1.35 billion), UK ($1.26 billion), Japan ($1.11 billion).

Kazakhstan’s total trade turnover hit $61.95 billion in 2016 compared to $76.52 billion in 2015.

Kazakh export fell to almost $36.78 billion in 2016 compared to $45.96 billion in 2015. Kazakh import decreased from $30.57 billion in 2015 to $25.17 billion in 2016.

Source: http://iccia.com/?q=mediacenter/news/17346/details