Belarus more than doubled the export of beef and sugar to Kazakhstan

Published Oct 21, 2020

Tridge summary

The trade turnover between Kazakhstan and Belarus for the first eight months of 2020 saw a decrease of 16.4%, totaling $420.1 million, compared to the same period the previous year. This decline was reflected in both exports and imports, with a 41.7% decrease in exports to $41.8 million and a 12.1% decrease in imports to $378.3 million. Despite this, there were increases in the import of certain goods from Belarus, such as fresh or chilled beef, sugar, milk, and condensed and dry cream. However, imports of machines and mechanisms for harvesting and threshing agricultural crops experienced a decrease of 30.7%. Kazakhstan's exports to Belarus included fresh melons, watermelons, and papayas, while the export of flax seeds to Belarus has ceased this year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Trade turnover between Kazakhstan and Belarus for 8 months of 2020 amounted to 420.1 million dollars, having decreased by 16.4% (502.3 million dollars) compared to the same period last year. At the same time, exports from Kazakhstan to Belarus decreased by 41.7%, to $ 41.8 million, imports decreased by 12.1%, to $ 378.3 million. The press service of the QazTrade Trade Policy Development Center reported. According to QazTrade, over the specified period, imports of fresh or chilled beef from Belarus to Kazakhstan increased 2.1 times, or $ 13.2 million (from $ 12.5 to $ 25.7 million). Also, the import of sugar increased by 2.2 times, or by 12.9 million dollars (from 10.8 to 23.7 million dollars), milk and condensed and dry cream - by 26.4%, or 5.7 million dollars (from 21.5 to 27.1 million dollars), buttermilk, yogurt, kefir - 5.9 times, or 3.2 million dollars (from 0.7 to 3.9 million dollars) ... At the same time, imports from Belarus of machines and mechanisms for harvesting and ...

Source: Agrosektor