The trade turnover between Kazakhstan and Armenia in January-June 2020 amounted to $6.4 million, which is 30.4% higher than in the same period of the previous year ($ 4.9 US mln.).
Trade indicators between Kazakhstan and Armenia
USD million US dollars | January – June 2019 | January – June 2020 | Growth 2020/2019 |
Trade turnover | 4.9 | 6.4 | +30.4% |
Export | 1.8 | 3.6 | +98.4% |
Import | 3.1 | 2.8 | -10.2% |
Trade balance | -1.2 | 0.9 | has improved |
Exports from Kazakhstan to Armenia in January-June 2020 increased by 98.4% and amounted to $ 3.6 million. US dollars.
The growth of exports to Armenia is justified by an increase in the supply of such goods as: ferroalloys – by $ 1.4 million. USA (from 0 to 1.4 million USD ), non-alloyed steel clad flat-rolled articles – by $ 688.5 thousand (from 0 to 688.5 thousand US dollars ), pork – an increase of 2.9 times or by 375.8 thousand US dollars (from 198.5 to 574.3 thousand US dollars ), live cattle – by 362.6 thousand US dollars (from 0 to 362.6 thousand dollars. ), plastic construction parts – by 78.3 thousand US dollars (from 0 to 78.3 thousand US dollars ), toilet paper, handkerchiefs, napkins and similar products – by 35.3 thousand US dollars (from 0 to 35.3 thousand US dollars ), paper, cardboard and other articles thereof – by 18.8 thousand US dollars (from 0 to 18.8 thousand US dollars).
At the same time, there is a decrease in export supplies of such goods as: animal feed products – by 100% or by 181.6 thousand US dollars (from 181.6 to 0.0 thousand US dollars. ), electrical transformers – by 86.6% or by 129.8 thousand US dollars (from 149.8 to 20.0 thousand US dollars ), centrifuges, equipment and devices for filtering liquids or gases – by 100% or by 122.1 thousand US dollars (from 122.1 to 0.0 thousand US dollars ), ship derrick cranes, lifting cranes – by 100% or by 107.5 thousand US dollars (from 107.5 to 0.0 thousand US dollars ), consoles, panels, tables for electrical equipment – by 100% or by 91.1 thousand US dollars (from 91.1 to 0.0 thousand US dollars).
The main export goods from Kazakhstan to Armenia are: ferroalloys – $ 1.4 US million (with a share of 38.9%), non-alloyed steel clad flat-rolled articles – 688.5 thousand US dollars (18.9%), pork – 574.3 thousand US dollars (15.7%), live cattle – 362.6 thousand US dollars (9.9%), electric batteries – 199.5 thousand US dollars (5.5%), plastic construction parts – 78.3 thousand US dollars (2.1%), sugar confectionery (including white chocolate) – $ 75 US thousand (2.1%), chocolate and other finished food products containing cocoa – 43.3 thousand US dollars (1.2%), toilet paper, handkerchiefs, napkins and similar products – 35.3 thousand US dollars (0.97%), pasta – 24.2 thousand US dollars. (0.66%).
More detailed information on the main exported goods to Armenia for the period January – June 2020 is shown in Table 1.
Imports to Kazakhstan from Armenia in January-June 2020 decreased by 10.2% and amounted to $ 2.8 million. US dollars.
The reduction in imports from Armenia is justified by a decrease in the import of such goods as jewelry and parts thereof made of precious metals or metals clad with precious metals – by 64.6% or by $ 811.1 thousand USD (from 1,254.6 to 443.5 thousand US dollars ), strong alcoholic drinks – by 21.3% or by 207.8 thousand US dollars (from 976.0 to 768.2 thousand US dollars ), vaccines, blood serum, blood – by 83.3%, or $ 163.1 thousand USD (from 195.7 to 32.6 thousand US dollars ), liquid pumps – by 100% or 72.3 thousand US dollars (from 72.3 to 0.0 thousand US dollars ), chocolate and other finished food products containing cocoa – by 95.4% or 42.3 thousand US dollars (from 44.4 to 2.0 thousand US dollars ), furniture and accessories – by 100% or by 36.5 thousand US dollars (from 36.5 to 0.0 thousand US dollars ), stone processed for monuments or construction and items thereof – by 96.3% or 19.9 thousand US dollars (from 20.7 to 0.8 thousand US dollars).
At the same time, there is an increase in imports of such goods as: freight railroad carriages or tram cars – by 380 thousand US dollars (from 0 to 380.0 thousand US dollars ), plastic construction parts – by $ 140.5 thousand US (from 0 to 140.5 thousand US dollars ), medicines packaged for retail sale – an increase of 4.2 times or by 91.5 thousand US dollars (from 28.5 to 120.0 thousand US dollars ), glass containers – by 73.7 thousand US dollars (from 0 to 73.7 thousand US dollars USA), gas, water, electricity supply meters – an increase of 5.3 times or by 73.2 thousand US dollars (from 17.1 to 90.3 thousand US dollars).
The main imports to Kazakhstan from Armenia are: spirits – 768.2 thousand US dollars (with a share of 27.8%), jewelry and accessories made of precious metals or metals clad with precious metals – 443.5 thousand US dollars (16.1%), freight railroad carriages or tram cars – 380 thousand US dollars (13.8%), plastic construction parts – 140.5 thousand US dollars (5.1%), medicines prepackaged for retail sale – 120 thousand US dollars (4.3%), gas, water, and electricity supply meters – $ 90.3 thousand US (3.3%), fruit and vegetable juices – 79 thousand US dollars (2.9%), glass containers – 73.7 thousand US dollars (2.7%).
More detailed information concerning the general imported goods from Armenia for the period January – June 2020 is shown in Table 2.
Table No. 1 – General exported goods from Kazakhstan to Armenia
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Table No. 2 – General imported goods in the RK from Armenia
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