Mutual trade of Kazakhstan with Russia (Jan-APR 2020) - "QazTrade" Trade Policy Development Center" JSC
Mutual trade of Kazakhstan with Russia (Jan-APR 2020)

Mutual trade of Kazakhstan with Russia (Jan-APR 2020)

The trade turnover between Kazakhstan and Russia in January-April 2020 amounted to 5.3 billion us dollars, which is 9.1% lower than in the same period of the previous year (5.8 billion US dollars). Exports decreased by 16.9% to us $ 1.4 billion. Imports decreased by 5.9% to $ 3.8 billion.

Mutual trade of the Republic of Kazakhstan with Russia (billion us dollars)

January-April 2019January-April 2020The increase 2020/2019
Trade turnover5,85,3-9,1%
Export1,71,4-16,9%
Import4,13,8-5,9%
Trade balance-2,4-2,4deteriorated
Source: KC MNE RK

The main products of Kazakhstan’s exports to Russia: iron ores and concentrates – 173 million us dollars (with a share of 12.2%), precious metal ores and concentrates – 155.9 million us dollars (11%), copper ores and concentrates – 124.6 million us dollars (8.8%), uranium – 75.1 million us dollars (5.3%), flat rolled non – alloy steel clad – 68.8 million us dollars (4.8%), flat rolled non – alloy steel hot – rolled – 68.1 million us dollars (4.8%), coal-us $ 62.4 million (4.4%), parts of rolling stock-us $ 50.8 million (3.6%), flat rolled non-alloy steel cold rolled-48.7 million. us $ (3.4%), zinc ores and concentrates – us $ 35.1 million (2.5%).

Kazakhstan’s main imports from Russia are: natural gas – us $ 169.7 million (with a share of 4.4%), petroleum products – us $ 102.9 million (2.7%), passenger cars – us $ 92.7 million (2.4%), coke and semi – coke – us $ 73.9 million (1.9%), ores and concentrates of precious metals – us $ 72.9 million (1.9%), car bodies – us $ 65 million (1.7%), semi – finished products made of non-alloy steel-us $ 63.3 million (1.6%), tires-us $ 61.5 million (1.6%).