In January-June 2020, the freight traffic in Kazakhstan dropped by 7.4% compared to the same period of 2019 and amounted to 1.8 billion tons. One of the main reasons for the traffic decline is the introduction of restrictive measures and quarantine due to the spread of COVID-19. The data is provided by finprom.kz.
The revenues of companies engaged in the transportation and warehousing industry also decreased. In H1 2020, the companies' revenues totaled KZT 1.35 trillion, while this sum reached KZT 1.44 trillion over the same period last year.
By the kinds of transport, the largest freight traffic falls on road and urban electric transport: 1.4 billion tons, or 81.3% of the total freight traffic. Meanwhile, 196.6 million tons of cargo was transported by rail. Pipeline transportation amounted to 132.7 million tons of cargo.
Among other obvious factors, the protests in Belarus were the result of global changes in the economy. The old model, the tangible industrial one, is more and more moving aside, and it is being replaced by a new, information technology model generally known as postindustrial.
In 2020, the Belarusian economy experienced several disturbances: a decrease in the Russian crude supplies, the pandemic consequences, and two foreign exchange crises in March and August. As a result, the GDP of Belarus in January-July 2020 amounted to BYN 80.0 billion, or 98.4% in comparable prices compared with the same period in 2019.
In January-March 2020, Belarus; GDP amounted to 99.7% in comparable prices as against January-March 2019. Although Belarus' GDP gradually began to win back the January fall in February-March of this year, the index is nevertheless decreasing.
This conclusion is contained in the review "Economy of Belarus in February-March 2020" prepared by the experts of the research company InComeIn.