Kazakhstan and China bilateral trade amounted to $ 2.598 billion in the first quarter of 2010, an increase of 22.8% from the same period last year ($ 2.116 billion). Kazakhstan's exports to China of $ 2.051 billion, a year-on-year growth of 67.9%; Kazakhstan imports from China were $ 547.6 million, down 48%. The trade surplus of $ 1.5 billion. China in the first quarter of Kazakhstan's second largest trading partner, ranking first in Kazakhstan exports, imports ranked second. The characteristics of trade in the first quarter of Kazakhstan:
1.Exports the long, imports drop trade surplus with China increased
A quarter of Kazakhstan's exports to China increased by 67.9%; 48% decline in imports from China, Kazakhstan and trade growth comes mainly from Kazakhstan's exports to China.
2.The number of exports to China, with the increase of the amount of The first quarter of Kazakhstan's exports to China in oil, condensate accounted for 58.02 percent, exports increased by 111.4 percent, nearly twice the amount of growth; merchandise exports of unwrought refined copper and copper alloys, ferro alloys, iron ore, copper, sand, etc.the same price increase; unwrought aluminum exports increased more than 102 times the amount of 7-fold increase; unwrought zinc exports increased 3.5 times growth in the amount of 55.12%; decline in exports of natural uranium and its compounds, the number is less than a year earlier tenths of, but the amount fell by only 24.5%.
3.Imports from China dropped significantly
Kazakhstan imports from China decreased by 48% in the first quarter, imports of seamless steel pipes and hollow profiles decreased by 58.9%, accounting for 4.25% of Kazakhstan's total imports from China. Class merchandise imports of machinery and equipment and transport the amount of $ 155 million, a decrease of 52.2% year-on-year, accounting for 28.3% of the total amount of imports. Smaller general decline in imports of goods.
1.Exports the long, imports drop trade surplus with China increased
A quarter of Kazakhstan's exports to China increased by 67.9%; 48% decline in imports from China, Kazakhstan and trade growth comes mainly from Kazakhstan's exports to China.
2.The number of exports to China, with the increase of the amount of The first quarter of Kazakhstan's exports to China in oil, condensate accounted for 58.02 percent, exports increased by 111.4 percent, nearly twice the amount of growth; merchandise exports of unwrought refined copper and copper alloys, ferro alloys, iron ore, copper, sand, etc.the same price increase; unwrought aluminum exports increased more than 102 times the amount of 7-fold increase; unwrought zinc exports increased 3.5 times growth in the amount of 55.12%; decline in exports of natural uranium and its compounds, the number is less than a year earlier tenths of, but the amount fell by only 24.5%.
3.Imports from China dropped significantly
Kazakhstan imports from China decreased by 48% in the first quarter, imports of seamless steel pipes and hollow profiles decreased by 58.9%, accounting for 4.25% of Kazakhstan's total imports from China. Class merchandise imports of machinery and equipment and transport the amount of $ 155 million, a decrease of 52.2% year-on-year, accounting for 28.3% of the total amount of imports. Smaller general decline in imports of goods.
