Kazakhstan Russia Bilateral Trade – Russia Kazakhstan Trade Statistics

07 February 2018
Russia Kazakhstan Trade

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 17th in exports and 25th in imports while Kazakhstan ranked 52nd in exports and 65th 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.



Year

Export (USD Million)

Import (USD Million)

2017 (Q1-Q3)

8696

3551

2016

9426

3612

2015

10301

4275

2014

13862

7172

2013

17218

5664

 

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.



Product

Value (USD Million)

Petroleum Oil

782

Surface active preparations

250

Motor Cars

189

Sanitary towels

165

Pneumatic Tyres

145

*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.



Product

Value (USD Million)

Iron Ores

392

Iron flat rolled products

272

Iron hot rolled products

220

Artificial corundum

217

Coal

216

*Above stats are based on Jan-Sept 2017 report


Subscribe to get bilateral trade report of Russia and Kazakhstan and get the list of importers and exporters of these countries. Let’s highlights the facts that you will gain in our report.


           ·         Know market price of your product in these countries.

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           ·         What are the top products that they trade?

           ·         Know the regional market trends of past years.


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