Kazakhstan Steadiness of Commerce

Kazakhstan recorded a commerce surplus of 1655.40 USD Million in November of 2023. Steadiness of Commerce in Kazakhstan averaged 1520.78 USD Million from 1998 till 2023, reaching an all time excessive of 6771.90 USD Million in June of 2011 and a document low of -1111 USD Million in July of 2020. supply: Company of Statistics of the Republic of Kazakhstan

Steadiness of Commerce in Kazakhstan is predicted to be 3220.00 USD Million by the tip of this quarter, in accordance with Buying and selling Economics world macro fashions and analysts expectations. Within the long-term, the Kazakhstan Steadiness of Commerce is projected to development round 1600.00 USD Million in 2025, in accordance with our econometric fashions.

Kazakhstan has been recording commerce surpluses since 1998 primarily on account of rise in shipments of oil and different commodities. Important imports are: electronics, equipment and mechanical home equipment (25 p.c of complete imports); mineral merchandise (15 p.c); transport tools (12 p.c) and base metals and associated merchandise (10 p.c). Important buying and selling companions are: China (12 p.c of complete exports and 17 of imports) and Russia (10 p.c of exports and 40 p.c of imports). Others embrace: Italy (18 p.c of complete exports and four p.c of imports), Netherlands and Germany.