Kazakhstan's trade turnover with EAEU countries decreased by 1% over the year.

Astana. December 19. KAZAKHSTAN TODAY - The trade turnover of the Republic of Kazakhstan with the EAEU countries from January to October 2024 amounted to 24,080.3 million US dollars, which represents a nominal decrease of 1.1% compared to the same period last year, reports the Bureau of National Statistics.

Additionally, exports of goods to Kazakhstan have declined. Over the 10 months, it totaled 8,704.2 million US dollars (down by 8.9%). Conversely, imports increased by 3.9%, reaching 15,376 million US dollars.

In the overall external trade turnover of the Republic of Kazakhstan with EAEU countries, the Russian Federation holds a significant share at 91%, followed by the Kyrgyz Republic at 5.8%, the Republic of Belarus at 3.1%, and the Republic of Armenia at 0.1%.

The primary share of goods in the exports of the Republic of Kazakhstan from January to October 2024 is attributed to the following items:

• crude oil and raw petroleum products obtained from bituminous minerals (54.4%);
• refined copper and unprocessed copper alloys (5%);
• radioactive chemical elements and radioactive isotopes (4.9%);
• copper ores and concentrates (3.9%), ferroalloys (3%).

In terms of imports the largest share is comprised of the following goods:

• passenger cars (4.1%);
• aircraft (3%);
• pharmaceuticals (2.9%);
• telephone devices (2.7%);
• bodies for motor vehicles (2.1%).

The main partner countries for Kazakhstan's exports are: Italy (24%), China (17.9%), Russia (11%), the Netherlands (6.6%), France (4.7%), Turkey (4.1%).

The main partner countries for Kazakhstan's imports are: Russia (29.7%), China (25.5%), Germany (4.9%), the USA (3.9%), France (3.2%), South Korea (3.1%).