ISSN: 0320-8095
ISSN: 0320-8095
En Ru
Geography and structure of the foreign trade of the Republic of Kazakhstan in the 1990–2010s

Geography and structure of the foreign trade of the Republic of Kazakhstan in the 1990–2010s

Article in Elibrary

Received: 04/25/2024

Accepted: 05/30/2024

Keywords: Kazakhstan; foreign trade; exports; imports; diversification

Available in the on-line version with: 18.09.2024

To cite this article

Renat B. Karamourzov Geography and structure of the foreign trade of the Republic of Kazakhstan in the 1990–2010s. // Lomonosov Oriental Studies Journal. 2024. Vol. 68. N 2,68 p.122-167 https://doi.org/10.55959/MSU0320-8095-13-68-2-11.

N 2, 2024

Abstract

This article examines the foreign trade of Kazakhstan during three decades of its independent development. A special attention is paid to the analysis of structural characteristics of exports and imports. Changes in trade volumes with main partners as well as the number of commodity names in trade are of particular interest. Based on foreign trade indicators, it can be concluded that in the early 2020s, similar to the 2000s and 2010s, Kazakhstan’s exports were dominated by hydrocarbons, with metals, minerals, chemicals and crops still accounting for a significant share of export trade. Imports were dominated by manufactures, particularly electrical machinery and equipment, as well as transportation. During the 2000s and 2010s, the main consumers of Kazakhstan’s exports often included China, Italy, France, Russia and the Netherlands. During the same period, the main importers were Republic of Korea, Germany, Russia, Italy, USA and Ukraine. The results of the paper may be useful for the planning of public policies and for the long-term development strategies of commercial enterprises; the results can also be used to prepare educational programmes on Central Asian economies.

References

  1. Anderson K., Capannelli G., Ginting E., Taniguchi K. (2018). Kazakhstan Accelerating Economic Diversification. Asian Development Bank. http://hdl.handle.net/11540/8759. License: CC BY 3.0 IGO.

  2. Caiola M. (1995). A Manual for Country Economists. USA: International Monetary Fund. Training Series No. 1, Vol. 1.

  3. Da Gong, Zhuocheng Shang, Yaqin Su, Andong Yan, Qi Zhang. Economic impacts of China’s zero-COVID policies. China Economic Review. Vol. 83. 2024. 102101, https://doi.org/10.1016/j.chieco.2023.102101

  4. Gordeeva M., Soloviev M. (2015). Kazakhstan floats tenge currency tumbles. Reuters. (Accessed: 18.04.2023). URL: https://www.reuters.com/article/us-kazakhstan-tenge-idUSKCN0QP0PN20150820

  5. Guliyev F. (2023). Renewable Energy Targets and Policies in Traditional Oil-Producing Countries: A Comparison of Azerbaijan and Kazakhstan. Journal of Eurasian Studies, 0(0). https://doi.org/10.1177/18793665231177720

  6. International Monetary Fund. (2009). Balance of payments and international investment position manual. International Monetary Fund. Washintgton, D.C., International Monetary Fund.

  7. Melnikovová L. (2020). China’s interests in Central Asian economies. Human Affairs, 30(2), 239–252. https://doi.org/10.1515/humaff-2020-0022

  8. OECD (2017). Multi-dimensional Review of Kazakhstan: Volume 2. In-depth Analysis and Recommendations, OECD Development Pathways, OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264269200-en

  9. Standard International Trade Classification (1975). Revision 2, Series M: Miscellaneous Statistical Papers, No. 34 Rev. 2, New York: United Nations.

  10. United Nations (2018). Classification by Broad Economic Categories. Rev.5. Statistical Papers (Ser. M).

  11. UNCTAD (2013). Key Trends in International Merchandise Trade. Geneva, United Nations.

  12. UNCTAD (2018). Key Trends in International Merchandise Trade. Geneva, United Nations.

  13. World Bank. (2008). World development indicators. 2008. World Bank Publications.