Kazakhstan's foreign trade surplus shrinks to USD 13.696bn in Jan-Apr.

By bne IntelliNews June 14, 2013

Foreign trade surplus shrank to USD 13.696bn in Jan-Apr from USD 16.704bn reported in the same period last year, according to data provided by the State Stat Agency. Exports  decreased from USD 29.533bn to USD 27.525bn in the first dour months of the year. The main reason behind the decrease was drop in oil and gas condensate exports as well as in exports of metals. Imports increased from USD 12.829bn to USD 13.829bn in Jan-Apr.

Kazakhstan exported mainly to Italy where an oil hub is located (17.5% share in total exports), China (15.6%), Netherlands (13.9%), Russia (7.9%) and France (7%). Imports came mainly from Russia (36.8% share in total imports), China (16.7%), Ukraine (5.4%), the USA (5%) and Germany (4.4%).

Related Articles

Moldovan businessman Stati threatens to ask bailiffs to sell Kazakh Kashagan stake in legal battle

Moldovan businessman Anatolie Stati’s spokeswoman said on January 9 that Stati will ask bailiffs to sell a $5.2bn stake in the Kashagan oil field owned by Kazakh sovereign ... more

Kazakhstan cuts grain export forecast as Russia squeezes it out of markets

Kazakhstan has cut its grain export target for the 2017/2018 marketing season to 8mn tonnes of grain from the previously expected 9mn tonnes, Deputy Agriculture Minister ... more

Iran rejects idea that a Caspian Sea settlement is in sight

Iran’s foreign ministry has rejected the suggestion that the five littoral states that share the shore of the Caspian Sea have largely agreed to delineate its maritime borders and settle their ... more

Dismiss