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 2019 | January-April 2020 | The increase 2020/2019 | |
Trade turnover | 5,8 | 5,3 | -9,1% |
Export | 1,7 | 1,4 | -16,9% |
Import | 4,1 | 3,8 | -5,9% |
Trade balance | -2,4 | -2,4 | deteriorated |
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%).