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Kazakhstan Net Trade (Goods & Services, BoP)

Kazakhstan's net trade (goods & services, bop) fell to $17.66 billion in 2024, down from $18.2 billion in 2023, according to World Bank. This represents a decrease of 3% ($540.52 million) from the previous year. Kazakhstan has net trade (goods & services, bop) higher than the global median ($17.66 billion vs median -$215.12 million). Compared with the median in Asia, Kazakhstan is higher ($17.66 billion vs regional median $634.26 million) and ranks 13th out of 42 countries in Asia.

Yearly Historical Data (1995-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 17.66
2023 18.2
2022 33.38
2021 22.13
2020 2.77
2019 14.63
2018 19.28
2017 14.82
2016 6.66
2015 2.94
2014 20.81
2013 30.42
2012 31.3
2011 42.08
2010 22.54
2009 13.01
2008 21.72
2007 10.39
2006 9.73
2005 6.32
2004 3.54
2003 1.5
2002 -0.15
2001 -0.53
2000 1.26
1999 0.17
1998 -1.05
1997 -0.56
1996 -0.59
1995 -0.13
Kazakhstan Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Kazakhstan, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $78.74B $76.14B 2023
Annual Imports $61.16B $30.95B 2023
Exports (% GDP) 34.51% 41.57% 2023
FDI Inflows (% GDP) -0.24% 2.22% 2024
Imports (% GDP) 27.45% 26.77% 2023
Tariff Rate 4.75% 4.48% 2022
Trade (% GDP) 61.96% 68.33% 2023