According to the statistics from Statistical Commission of Kazakhstan, Kazakhstan’s volume of goods trade was USD26.27 billion from January to July in 2016, down 29.7% year-on-year (the same below). Exports fell by 30.1% to USD17.91 billion, and imports fell by 28.9% to USD8.35 billion. The trade surplus fell by 31.1% to USD9.56 billion.
In July, Kazakhstan’s volume of goods trade fell by 23.1% to USD3.99 billion. Exports fell by 17.5% to USD2.87 billion and imports fell by 34.4% to USD1.12 billion. And the trade surplus fell by 1.1% to USD1.75 billion.
Since January to July, bilateral trade volume between Kazakhstan and China fell by 33.8% to USD4.29 billion. Kazakhstan’s exports to China fell by 28.2% to USD2.43 billion. It accounted for 13.6% of Kazakhstan’s overall export, up 0.4%. And Kazakhstan’s imports from China fell by 39.9% to USD1.86 billion. It accounted for 22.3% of Kazakhstan’s overall imports, down 4.1%. Kazakhstan’s trade surplus with China was USD0.56 billion, up 103.3%.
China was the second largest export market of Kazakhstan and its largest source of imports up to July in 2016.
