Steppe & Silk Research
Research

Trade

Trade reviews based on official statistics: what Kazakhstan sells to and buys from China and its neighbours, and how this is changing.

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Trade

Raw Materials Out, Machines In: Kazakhstan's Trade with China, 2020–2025

Trade between Kazakhstan and China more than doubled, from $15.4 billion to $34.1 billion. Kazakhstan still sells mostly raw materials and buys machinery, electronics and vehicles. Since 2023 it has run a trade deficit with China, which reached $3.7 billion in 2025.

October 2026 · PDF report