Kazakh trade surplus shrank to USD 1800 million in November of 2018 from USD 1852.2 million in the same month a year ago. Imports surged 5.2 percent to USD 2880.8 million while exports advanced 2.0 percent to USD 4681.2 million. Considering the first eleven months of 2018, the trade surplus widened to USD 25 billion from USD 16.5 billion a year ago, as exports jumped 26.4 percent to USD 54.7 billion. Sales were boosted by mineral products (74.4% of total shipments); metals and articles thereof (14%) and products of animal and vegetable origin (4.9%). Meantime, imports rose at a slower 11.1 percent to USD 29.7 billion, driven by purchases of machinery, equipment, vehicles and tools (40.3% of total imports); chemicals and allied industries products (16%) and metals and articles of them (12.6%).The main exports partners were Italy (19.5% of total sales) and the Netherlands (10.4%) whereas the leading import partners were Russia (37.3% of total purchases) and China (16.7%). Balance of Trade in Kazakhstan averaged 1488.27 USD Million from 1998 until 2018, reaching an all time high of 6771.90 USD Million in June of 2011 and a record low of -22.10 USD Million in November of 1998.

Balance of Trade in Kazakhstan is expected to be 3063.00 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 1100.00 in 12 months time. In the long-term, the Kazakhstan Balance of Trade is projected to trend around 3380.00 USD Million in 2020, according to our econometric models.

Kazakhstan Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-15 10:30 AM Balance of Trade $2.3B $ 2.4B $ 2.9B
2018-11-15 02:25 PM Balance of Trade $ 2.6B $ 2.3B $ 2.8B
2018-12-13 12:15 PM Balance of Trade $2.5B $ 2.6B $ 3B
2019-01-15 12:00 PM Balance of Trade $1.8B $2.5B
2019-02-15 09:30 AM Balance of Trade $1.8B $ 1.3B
2019-03-15 08:10 AM Balance of Trade
2019-04-17 09:10 AM Balance of Trade


Kazakhstan Trade Last Previous Highest Lowest Unit
Balance of Trade 1800.40 2464.20 6771.90 -22.10 USD Million [+]
Current Account -117.90 -180.20 6655.80 -3081.30 USD Million [+]
Current Account to GDP -3.20 -6.20 5.42 -51.70 percent [+]
Imports 2880.80 3067.40 4587.30 252.60 USD Million [+]
Exports 4681.20 5531.60 9788.50 286.50 USD Million [+]
External Debt 161461.00 164422.00 168889.00 4765.00 USD Million [+]
Capital Flows 459.60 405.80 11178.30 -5858.20 USD Million [+]
Gold Reserves 345.40 335.10 345.40 52.68 Tonnes [+]
Crude Oil Production 1680.00 1892.00 1892.00 407.00 BBL/D/1K [+]
Foreign Direct Investment 5023.06 5588.33 8206.11 864.32 USD Million [+]
Terrorism Index 2.95 0.93 3.05 0.00 [+]
Remittances 113.27 106.09 113.27 39.60 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Kazakhstan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1800.40 2464.20 6771.90 -22.10 1998 - 2018 USD Million Monthly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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