The Economic Research Institute explained the massive export of phones from Kazakhstan by parallel imports and re-exports.
“By the results of nine months of 2022, 5 million telephone sets were imported to Kazakhstan in the amount of $1 billion,” reports the statement.
The imported phones are then re-exported.
ERI also presented the top 10 phone suppliers to Kazakhstan in the first nine months of 2022: China - $579.7 million (average price - $187 per unit), Vietnam - $168.5 million ($253), India - $114.1 million ($224 ), Korea - $51.6 million ($650), Russia - $18.2 million ($43), USA - $13.5 million ($926), Poland - $11.9 million ($3140), Malaysia - $10.6 million ($130 ), Germany - $7.6 million ($1814) and Finland - $5.3 million (average price - $4987 a piece), KazTag reports.
