BAKU, Azerbaijan, April 12. Kazakhstan is
steadily increasing its position as an economic partner of Spain, a
source at Spain’s Ministry of Foreign Affairs, European Union, and
Cooperation told Trend.
“Kazakhstan is steadily increasing its position as an economic
partner of Spain. According to Spanish data, Spanish exports
amounted to 363 million euros in 2023, an increase of 80 percent
compared to the 201 million euros of 2022, which was already a 78
percent increase compared to 2021,” the source said.
According to the source, Spanish exports were quite diversified,
covering a wide range of categories, from airplanes to transport
equipment, machinery and mechanical appliances, vehicles, or
fashion.
“The number of Spanish companies regularly exporting to
Kazakhstan is 235, and those present in Kazakhstan employ
approximately nine thousand people in the country directly, not
counting indirect jobs. Concerning Spanish imports from Kazakhstan,
these amounted to 1.971 million euros in 2023, a 30 percent
decrease from the 2.830 million euros in 2022,” the ministry
said.
As the ministry noted, Spanish imports from Kazakhstan are
concentrated in hydrocarbons, which represented 96 percent of the
imports in 2023, a year when energy prices have decreased.
Kazakhstan was the 7th supplier of oil for Spain in 2023.
“As you can tell from these statistics, our cooperation has been
increasing, and as Spain and Kazakhstan have a very strong
relationship, we are sure that the trend will be positive in the
following months,” the source noted.
