Kazakhstan

Kazakhstan ranked No. 82 in total trade value through June with a total of $676.37 million. Exports totaled $303.45 million and Imports totaled $372.92 million, a deficit of $69.47 million.

U.S. trade with Kazakhstan rose to $676.37 million through June

Kazakhstan’s trade with the United States rose to $676.37 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 26.87 percent below its total trade during the same time period last year. U.S. exports to Kazakhstan increased 0.93 percent while U.S. imports from Kazakhstan fell 40.26 percent. The U.S. deficit with Kazakhstan was $69.47 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of New Orleans; No. 2 Port of Wilmington, Dela.; No. 3 Port of New York; No. 4 Port of Houston; and No. 5 Rouses Point / Lacolle Border Crossing, N.Y.. During the same period the previous year, the top five were No. 1 Port of Wilmington, Dela.; No. 2 Port of New Orleans; No. 3 Port of Houston; No. 4 Port of Baltimore, Md. and No. 5 John F. Kennedy International Airport. In the current time period, the top five accounted for 48.35 percent of Kazakhstan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of New Orleans fell 22.23 percent to $115 million.
    Exports rose 145.89 percent to $3.8 million. Imports fell 24 percent to $111.2 million.
  • Trade with No. 2 Port of Wilmington, Dela. fell 70.45 percent to $57.86 million.
    There were no exports. Imports fell 70.45 percent to $57.86 million.
  • Trade with No. 3 Port of New York rose 88.88 percent to $55.36 million.
    Exports rose 88.78 percent to $55.28 million. Imports rose 213.34 percent to $77,430.
  • Trade with No. 4 Port of Houston fell 53.46 percent to $52.01 million.
    Exports fell 22.99 percent to $39.91 million. Imports fell 79.81 percent to $12.09 million.
  • Trade with No. 5 Rouses Point / Lacolle Border Crossing, N.Y. rose 92720 percent to $46.79 million.
    There were no exports. Imports rose 92720 percent to $46.79 million.

Kazakhstan ranked No. 82 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 81.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Kazakhstan by value through June were the categories of Satellites, related equipment; Civilian aircraft, parts; Taps, cocks and valves for pipes, tanks; Tractors; and Chicken and other poultry, respectively. They accounted for 34.51 percent of total exports to Kazakhstan.

The value of the top five categories of U.S. imports from Kazakhstan –– Oil; Ferroalloys 7202; Gasoline, other fuels; Silver, various forms; and Hydrogen, raw gases –– accounted for 83.02 percent of all inbound shipments.

Looking more closely at U.S. exports to Kazakhstan:

  • Satellites, related equipment totaled $33.6 million. The previous year, there were no exports in this category.
  • Civilian aircraft, parts fell 52.01 percent compared to last year to $22.94 million.
  • Taps, cocks and valves for pipes, tanks fell 40.44 percent compared to last year to $21.27 million.
  • Tractors rose 49.72 percent compared to last year to $17.37 million.
  • Chicken and other poultry fell 30.63 percent compared to last year to $9.55 million.

Looking more closely at U.S. imports from Kazakhstan:

  • Oil fell 55.21 percent compared to last year to $97.36 million.
  • Ferroalloys 7202 fell 2.7 percent compared to last year to $81.13 million.
  • Gasoline, other fuels fell 59.88 percent compared to last year to $69.8 million.
  • Silver, various forms totaled $46.79 million. The previous year, there were no imports in this category.
  • Hydrogen, raw gases fell 31.61 percent compared to last year to $14.51 million.

In the latest annual figures available, Kazakhstan recorded $1.95 billion in trade with the United States. Total U.S. exports to Kazakhstan were $ 736.9 million and imports from Kazakhstan were $1.21 billion. The U.S. deficit with Kazakhstan was $471.22 million.