Kazakhstan Russia Bilateral Trade – Russia Kazakhstan Trade Statistics

07 February 2018

Russia and Kazakhstan both are the members of CIS (Commonwealth of Independent States). They are also founding members of the Shanghai Cooperation Organization and are part of the Euro Atlantic Partnership Council. After launching European Union, both countries have been sparing by swapping trade restrictions and disagreeing over a single currency. The run-down of the Russian currency (Ruble) has flooded Kazakhstan with cheap Russian goods. Kazakhstan has attempted to balance ties between both sides by allowing heavy investment from Russian industries.

As per trade report of 2016, Russia stood at 17^th in exports and 25^th in imports while Kazakhstan ranked 52^nd in exports and 65^th in imports. Kazakhstan Russia trade touched USD 13 billion in 2016 and crossed USD 12 billion in 2017 till September. Here, we take a comprehensive look at the bilateral trade between Russia and Kazakhstan.

Russia Kazakhstan Bilateral Trade Statistics

The bilateral trade of these two countries have been declined after the year 2014. In 2013, they crossed USD 22 billion that recorded highest trade value in last years. Here is the table representing Kazakhstan Russia Import Export Statistics of last five years.

We at cistradedata.com providing the import export data of CIS countries including Kazakhstan, Russia, Ukraine and Uzbekistan. You can search the import export data online of any particular product in these countries. We also provide customized report as per client’s requirement. Get the report on Russia Kazakhstan bilateral trade and get familiar with their markets.

Russia Exports to Kazakhstan in 2017

Russia exports of goods to Kazakhstan worth USD 8696 million during Jan-Sept 2017 and it recorded USD 9426 million in 2016. As per the trade report, Russia export to Kazakhstan is declined by 13% between 2012 and 2016. Petroleum oil, motor cars, sanitary items and surface active preparations are the top commodities that Russia exports to Kazakhstan.

Petroleum oil and oils obtained from bituminous minerals excluding crude registered as Russia’s most exported product to Kazakhstan and worth USD 782 million during Q1-Q3 2017. Check the following table to know the export figures of top products.

*Above stats are based on Jan-Sept 2017 report

Russia Imports from Kazakhstan in 2017

Russia imports of goods from Kazakhstan stood at USD 3551 million during Jan-Sept 2017 and it was USD 3612 million in 2016. The demand of products in Russia from Kazakhstan have been reduced and the import is declined by 20% from 2012 to 2016. Iron ores & concentrates including roasted iron pyrites is the most demanded commodity as Russia iron ores imports from Kazakhstan recorded USD 392 million during Q1-Q3 2017. Flat rolled products of iron-alloy steel, iron, hot rolled products, artificial corundum and coal are next in the list of top import products. Refer the below table to check the top five products that Russia imports from Kazakhstan.

*Above stats are based on Jan-Sept 2017 report

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