KAZAKHSTAN: Foreign trade turnover equals to US$ 85.3 billion for 9 months of 2008

Taking into account amendments to customs statistics, foreign trade turnover for January – September, 2008 was equal to US$ 85.3 billion that is by US$ 27 billion more than in the base period, Kazakhstan Today reports referring to Kazakh National Bank press service. According to National Bank, growth of commodity turnover by 46 % occurred […]

CA-NEWS (KZ)

Taking into account amendments to customs statistics, foreign trade turnover for January – September, 2008 was equal to US$ 85.3 billion that is by US$ 27 billion more than in the base period, Kazakhstan Today reports referring to Kazakh National Bank press service.

According to National Bank, growth of commodity turnover by 46 % occurred due to increase of export deliveries by 65.7 % and growth of import by 18.6 %.

“The indicator of economy transparency, used as the relation of commodity turnover to GDP, grew as compared to the base period by 8.3 % and totaled 87.2 %. Thus the share of import to GDP was reduced by 3.4 %, and the share of export increased by 11.8 %,” National Bank of Kazakhstan informs.

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