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Kazakhstan boosts petroleum oils exports to Spain

Kazakhstan has the largest proven oil reserves in the Caspian Sea region

Kazakhstan boosts petroleum oils exports to Spain

Nur-Sultan, August 9 - Neftegaz.RU. Kazakhstan has exported 322,488 tons of crude petroleum oil and oil obtained from bituminous minerals worth €136.8 million to Spain in March 2021, a Eurostat official told Trend .

In turn, Kazakhstan's exported 1.1 million tons of petroleum oils and oils obtained from bituminous minerals worth €440.7 million to Spain from Jan. through Mar. 2021.

Thus, the March volume of petroleum oils and oils obtained from bituminous minerals from Kazakhstan to Spain is 42.8% less compared to January 2021 (362,453 tons) and is 3.1% more than in February 2021 (312,741 tons).

March export value is also 26.5% less than in January 2021 (€186.3 million) and is 16.3% more than in Feb. 2021 (€117.5 million).
The value of trade turnover between Kazakhstan and Spain amounted to $518.9 million from January through March 2021, compared to $306.4 million during the same period of 2020.

Kazakhstan's exports to Spain amounted to $478.8 million from January through March 2021, compared to $128.7 million during the same period of 2020.
In turn, Kazakhstan's imports from Spain amounted to nearly $40.1 million over the reporting period, compared to $35.4 million during the same period of 2020.

Author: Nargiz Sadikhova


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