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Kazakh export risen in price since early 2018

13 June 2018 13:59 (UTC+04:00)
Kazakh export risen in price since early 2018

By Kamila Aliyeva

The prices for exported goods in Kazakhstan in April 2018 increased by 0.6 percent compared to December 2017, for imported goods - by 1.1 percent, according to the Statistics Committee of the Kazakh National Economy Ministry.

In the reporting period, the increase in prices of export supplies was registered for copper - 7.9 percent, non-ferrous and ferrous metal - 7.3 percent, oil products - 4.4 percent, natural gas - 2.4 percent, coal - 2.1 percent, oil - 1 percent.

At the same time, prices for ferroalloys (3.7 percent), aluminum (2.7 percent), ferrous metals (2.6 percent), lead (2 percent) and zinc (0.4 percent) went down.

The increase in prices was noted for cotton - by 5.3 percent, the decrease - for flour (6.3 percent), wool (2.1 percent), wheat and barley (0.4 percent).

Of the imported products, tobacco prices went up by 14.6 percent, vegetables - by 5 percent, fish - by 3.9 percent. Cocoa has fallen in price by 10.7 percent, sugar - by 4.5 percent, coffee and margarine - by 3.5 percent, poultry - by 2.2 percent, dairy products - by 1.9 percent. Prices for leather were higher by 5.1 percent, textile products - by 3.3 percent, footwear - by 1.6 percent, plastic - by 1.1 percent, construction materials - by 0.9 percent, while wood became cheaper by 1.3 percent.

Thus, for January-February 2018, exports amounted to more than $8.8 billion, which is 27.4 percent ($1.9 billion) more than in the same period last year, which amounted to $ 6.9 billion.

The geography of export of goods includes 123 countries. The key markets are China (22.9 percent), the EAEU (20.8 percent, including Russia 18 percent) and EU countries (21.8 percent), which together account for more than 65 percent of exports. Clear leaders are China and Russia, which are approved as the countries of priority export interest.

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Kamila Aliyeva is AzerNews’ staff journalist, follow her on Twitter: @Kami_Aliyeva

Follow us on Twitter @AzerNewsAz

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