Kazakhstan–EAEU Trade Turnover Increased by 7%

Goods exports grew by nearly a quarter in nominal terms

By QazMonitor

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In January-November 2022, trade turnover between Kazakhstan and Eurasian Economic Union countries amounted to $25,585.9 million, which is a 7.1% increase in nominal terms compared to the same period of 2021, QazMonitor reports citing the Bureau of National Statistics.

Exports of goods totaled $8,632.8 million – a 22.3% rise Y/Y. Imports amounted to $16 953.1 million, which is 0.7% higher than in the same period of 2021.

The distribution of total foreign trade turnover of the Republic of Kazakhstan with the EEU countries is as follows: 92.3% with the Russian Federation, Kyrgyzstan - 4%, Belarus - 3.6%, and Armenia - 0.1%.

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