Kazakhstan to reduce sugar imports by 32% and rise of fertiliser export prices by 77.1%

Kazakhstan to reduce sugar imports by 32% «Kazakhstan will reduce sugar imports by 32% to raise the home-produced sugar supplies at the domestic markets from 7% to 43%,» Kazakh Agriculture Minister Yerbol Karashukeyev said. RELATED NEWS Crime rate drops by 7.6% in Kazakhstan Kazakh Health Minister says, COVID-19 pandemic ‘far from over’ Bill on biological … Read more

Georgian Revenue Service: all products under international sanctions list subject to strict customs control

The customs body also noted export of sanctioned goods imported to Georgia was “strictly controlled” to make sure Russian or Belarusian goods do not end up in the countries participating in the sanctions or vice-versa. Any type of goods, both military and dual-use, as well as all products included in the international sanctions imposed by … Read more

Azerbaijan increases exports to CIS and EU countries

Exports from Azerbaijan to CIS countries grew in the first quarter of this year, according to the State Customs Committee. Official figures suggest that Azerbaijan exported goods worth $575.361 million to CIS countries in Q1 of 2022, which is $216.820 million more than in the same period of 2021. According to the committee, imports from … Read more

In Q1 2022, Turkey, China and Russia became Georgia’s top trading partners.

Georgian external trade turnover reached $3.8 billion in January-March 2022 (up 37.9 percent).
According to the National Statistics Office of Georgia, the top trading partners of Georgia in its total external trade turnover in January-March 2022 were Turkey ($562.4 million), China ($461.9 million) and Russia ($383.3 million).
In the reported period Georgia’s exported the most to China ($220 million), Azerbaijan ($125.4 million) and Russia ($109.8 million), and imported the most from Turkey ($463.2 million), Russia ($273.5 million) and China ($241.9 million).
Copper ores and concentrates – $271 million (+71), ferro-alloys – $160 million (+91.3) and motor cars – $94.8 million (+9.6%) were the top export items.
Petroleum and petroleum oils – $244 million (+71.6), copper ores and concentrates – $222 million (+52.6%) and motor cars – $211 million (+7.1%) were the three top import commodities.
Georgian external trade turnover reached $3.8 billion in Q1 2022 (an increase of 37.9 percent).
The rise of the value of exports amounted to 43.3 percent and reached $1.1 billion in the reported period, while imports also showed an increase by 35.7 percent, reaching $2.6 billion.
A measure of the negative balance of trade in which imports exceed exports (trade deficit) amounted to $1.5 billion, while the share of trade turnover reached 39.4 percent.

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Omsk Region and Kazakhstan increased mutual trade turnover.

According to Akorda press service, the meeting focused on the issues of mutually beneficial cooperation between Kazakh regions and the Omsk Region in trade, mechanical engineering, transport, agriculture, was held. President Tokayev said that productive interregional cooperation had a positive influence on mutual trade indicators. According to the President, great attention is paid to the development of interregional cooperation with the Omsk Region. As a result, trade turnover between the Omsk Region and Kazakhstan exceeded $380mln. Kazakhstan is its most important trade partner. A significant fact is that Kazakhs reside in this border region. the Kazakh diaspora in the Omsk land was called by the Head of State a connecting link and, thanks to Alexander Burkov’s special attention and all-round support to it, it preserves a spiritual link with the historic Homeland. The President also thanked the administration and residents of the Omsk Region for perpetuating the memory of the great sons of the Kazakh people Shokan Valikhanov and Saken Seifullin. The Governor Alexander Burkov told in his turn that the region is ready to cooperate with Kazakh companies in the agro-industrial complex, food production, petrochemistry, and construction.

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Uzbekistan’s foreign trade turnover reaches $13.2 billion over three months

The foreign trade turnover of Uzbekistan amounted to $13.2 billion in January-March 2022. During the reporting period, the republic exported products ($5.2 billion) and services ($568 million) for a total of $5.8 billion, the State Statistics Committee said. Imports, in the meantime, were recorded at $7.4 billion (products – $6.8 billion, services – $530 million). … Read more