Kazakhstan Balance of TradeMay 2023 Data - 1998-2022 Historical - June Forecast

Name: Kazakhstan Balance of Trade
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Keywords: Kazakhstan,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Kazakhstan recorded a trade surplus of 1317.20 USD Million in March of 2023. source: Agency of Statistics of the Republic of Kazakhstan

Balance of Trade in Kazakhstan averaged 1523.83 USD Million from 1998 until 2023, reaching an all time high of 6771.90 USD Million in June of 2011 and a record low of -1111.00 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 June of 2023.

Balance of Trade in Kazakhstan is expected to be 3640.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kazakhstan Balance of Trade is projected to trend around 1500.00 USD Million in 2024 and 1600.00 USD Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	1317.20	1657.90	USD Million	Mar 2023
Imports	5329.50	4490.50	USD Million	Mar 2023
Exports	6646.70	6148.40	USD Million	Mar 2023

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.