Kazakhstan recorded a trade deficit of 430.90 USD Million in August of 2020.

Balance of Trade in Kazakhstan averaged 1479.56 USD Million from 1998 until 2020, reaching an all time high of 6771.90 USD Million in June of 2011 and a record low of -978.60 USD Million in July of 2020. This page provides - Kazakhstan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Balance of Trade in Kazakhstan is expected to be 3380.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Kazakhstan to stand at 3530.00 in 12 months time. In the long-term, the Kazakhstan Balance of Trade is projected to trend around 3380.00 USD Million in 2021 and 3520.00 USD Million in 2022, according to our econometric models.

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Kazakhstan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-430.90 -978.60 6771.90 -978.60 1998 - 2020 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-15 09:00 AM May $1.1B $1.8B $1.5B
2020-08-17 10:00 AM Jun $-0.4B $1.1B $ 2.7B
2020-09-16 10:00 AM Jul $-1B $-0.4B $0.8B
2020-10-15 09:00 AM Aug $-0.4B $-1B $-0.5B
2020-11-16 10:00 AM Sep $-0.4B $ 2.6B
2020-12-16 10:00 AM Oct

Kazakhstan Balance of Trade
Kazakhstan has been recording trade surpluses since 1998 mainly due to rise in shipments of oil and other commodities. Main imports are: electronics, machinery and mechanical appliances (25 percent of total imports); mineral products (15 percent); transport equipment (12 percent) and base metals and related products (10 percent). Main trading partners are: China (12 percent of total exports and 17 of imports) and Russia (10 percent of exports and 40 percent of imports). Others include: Italy (18 percent of total exports and 4 percent of imports), Netherlands and Germany.