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2024/05/03 10:41:48

Trade between Russia and Kazakhstan

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Main article: Russian Foreign Trade

2023

Kazakhstan became the largest importer of Russian vodka

Kazakhstan became the largest importer of Russian vodka in 2023: during this period, the Russian Federation delivered this alcoholic product abroad in the amount of $59.7 million. Of this amount, almost half - $27.9 million - fell on Kazakhstani buyers. This was reported on May 11, 2024 by RIA Novosti with reference to open statistics. Read more here.

Trade growth to 2.5 trillion rubles. Russia is Kazakhstan's largest foreign trade partner

Russian Prime Minister Mishustin said in March 2024 that the trade turnover of Russia and Kazakhstan set a new record. The economic interaction between the Russian Federation and Kazakhstan is growing, despite the difficulties in the global economy.

Russia ranks first among Kazakhstan's foreign trade partners, in 2023 the mutual trade turnover amounted to more than 2.5 trillion rubles. or 12 trillion 600 billion tenge and exceeded the record figure of 2022.

According to other sources, in 2023, China became the main trading partner of Kazakhstan, while Russia dropped to second place. Trade turnover between Kazakhstan and China reached $31.5 billion, which is 30% more compared to 2022. Such data are given in the study of QazTrade Trade Policy Development Center JSC, the results of which were published on February 17, 2024.

The report says that the trade turnover of Kazakhstan with Russia at the end of 2023 amounted to approximately $26 billion - this is 3.7% less compared to the previous year.

Trade turnover growth by 17% to $2 billion in January

In January 2023, Kazakhstan's trade with Russia reached $2 billion - 17.6% more than a year earlier. At the same time, imports from the Republic of Kazakhstan to the Russian Federation increased by 52.5%, to 869.6 million dollars.

Top import categories Russia from Kazakhstan: Chemical products ($320.3 million), machinery and equipment ($209.5 million), and metals and products from them ($147.4 million).

2022

Growth of trade turnover with Kazakhstan to a record $26 billion

The volume of trade between Russia and Kazakhstan in 2022 increased by $2 billion, reaching a record $26 billion - the Chamber of Commerce and Industry of the Russian Federation.

Exports from Kazakhstan to Russia in 2022 grew by 25% and amounted to $8.8 billion.

Growth of imports from Kazakhstan in 9 months due to the supply of TVs, computers and phones

Exports from Kazakhstan to Russia in January - September 2022 increased by 15.1% and amounted to $5.9 billion - the republic's ambassador to the Russian Federation Yermek Kosherbayev. The growth is due to an increase in the supply of goods such as TVs, monitors and projectors (312 times), computers (215 times), phones (88 times).

Deliveries smartphones increased 2,000 times in the first half of 2022, and processors - 121 times, compared to the same period in 2021.

In January-June 2021, smartphone exports amounted to $36.8 thousand, and a year later they grew to $78 million, in quantitative terms - 328 times, from 560 units to 183.6 thousand smartphones.

Kazakhstan sharply increased the re-export of smartphones and processors to Russia

Deliveries smartphones increased 2,000 times in the first half of 2022, and processors - 121 times, compared to the same period in 2021.

In January-June 2021, smartphone exports amounted to $36.8 thousand, and a year later they grew to $78 million, in quantitative terms - 328 times, from 560 units to 183.6 thousand smartphones.

2021: Kazakhstan is the ninth largest importer to Russia

2020: Russia is the largest importer to Kazakhstan

2019: Declining trade with Russia over 5 years

Over 5 years, trade has decreased with all key partners of the Russian Federation, except for China