Kazakhstan, UAE trade turnover dropped by 50% in 2023Trade turnover between Kazakhstan and the United Arab Emirates (UAE) amounted to $328.9 million at the end of 2023, the press service of the Ministry of Trade and Integration of Kazakhstan reported.Compared to 2022 ($632.6 million, according to statistical data), trade turnover in 2023 decreased almost by half.Exports of Kazakh goods to the UAE in 2023 decreased by 63% - to $210.3 million (against $560.3 million in 2022).Imports from the UAE to Kazakhstan in 2023 increased by 60% to $118.6 million (versus $72.3 million in 2022).“Given the significant trade and economic potential, Kazakhstan and the Emirates can increase trade volumes to $1 billion,” the Ministry of Trade notes.Kazakhstan’s enterprises are ready to increase supplies of organic agricultural products to the Gulf market. At the same time, Kazakhstan is interested in cooperating with Emirati companies in the agricultural and industrial sector and invites them to invest in the production of organic food products, the Ministry of Trade said in a statement. (ICE ALMATY)

Fonte notizia: INTERFAX