Kazakhstan, Indonesia aim to boost trade turnover to $1 billion

Kazakhstan, Indonesia aim to boost trade turnover to $1 billion

Kazakhstan and Indonesia are aiming to boost their trade turnover to $1 billion. The potential for increasing trade volumes between the two countries lies in the food industry, including halal certified products. According to the relevant ministry, trade between the countries reached about $172.5 million during the January to May period, representing an almost four percent increase compared to the same period last year. Kazakhstan’s exports to Indonesia amounted to nearly $78.5 million in five months. The main exports include ferroalloys, coal, varieties of grain crops, asbestos, and electrical equipment. In turn, Indonesia imports household appliances, oils, passenger cars, and other products from Kazakhstan.