Kazakh-Chinese trade turnover up 38% in 2022

NUR-SULTAN. KAZINFORM – China is the top trade partner of Kazakhstan, excluding the EAEU member States, following the first seven months of 2022, Kazinform cites the State Revenue Committee of Kazakhstan.

photo: QAZINFORM

China accounted for 22.6% of the total foreign trade of Kazakhstan in the 7 months of this year.

The trade turnover between the countries was estimated at $13.5bn, up 38.3% compared to the same period of 2021. The growth was mostly attributed to the 52% rise in goods exports.

Kazakhstan’s exports to China stood at $8bn in the 7 months of 2022, compared to the last year’s figure of $5.3bn.

Kazakhstan imported goods from China worth $5.5bn, up 22.6% compared to the same period of 2021.