Mutual trade of Kazakhstan with China in January-July 2022

According to JSC "QazTrade", the trade turnover between Kazakhstan and China in January-July 2022 amounted to 13.5 billion US dollars, which is 38.3% higher than in the same period of the previous year (9.7 billion US dollars).

The trade balance improved and reached +2.5 billion US dollars (+0.8 billion US dollars).USA in the same period last year)

Exports from Kazakhstan to China in January-July 2022 increased by 51.7% and amounted to $ 8 billion.

The growth of exports to China is justified by an increase in the supply of such goods as: crude oil, copper ores and concentrates, copper and copper cathodes, uranium, zinc ores and concentrates, cyclic hydrocarbons, etc.

There is a decrease in export supplies of such goods as: raw zinc, aluminum oxides and hydroxides, ores and concentrates of precious metals, wheat, natural gas.

Imports to Kazakhstan from China in January-July 2022 increased by 22.6% and amounted to 5.5 billion US dollars.

The increase in imports from China is justified by an increase in the import of such goods as: electric generator sets, other ferrous metal products, air conditioning units, parts and accessories for cars and tractors, tires, passenger cars, equipment for sorting and grinding soil, etc.

There is a decrease in imports of goods such as: computers, other shoes with soles and uppers made of rubber or plastic, hosiery, other nuts, special purpose vehicles.