Kazakhstan's foreign trade turnover decreases

ASTANA. KAZINFORM - Kazakhstan's foreign trade turnover amounted to $18.23 billion in January-April 2016, which is 29.8 percent less than in the same period 2015, said Ranking.kz analytical service.

photo: QAZINFORM

Mutual trade with countries of the Eurasian Economic Union (EEU) dropped 1.4 times to $3.62 billion during the period, trend.az reports.

Kazakh export, where 72 percent accounted for fuel and energy products, decreased by 31.2 percent to $11.03 billion in January-April 2016.

The country's export has been strongly affected by the record decline in oil prices globally in early 2016.

Meanwhile, Kazakhstan's imports decreased by 27.7 percent to $7.21 billion in January-April 2016 as compared to the same period 2015.

Source: Trend.az