Trade Resources Economy Brief Report of Kazakhstan's Trade in July 2016

Brief Report of Kazakhstan's Trade in July 2016

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.

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