Kazakhstan Has Become Main Trade Partner of China’s Xinjiang Province

@iStock

According to Chinese Customs Service data from the first quarter of 2024, Kazakhstan became the main trade partner of China’s Xinjiang Uygur Autonomous Region. Since the beginning of the year, Xinjiang has conducted trade with 193 countries and regions of the world. The volume of imports and exports with Kazakhstan and Kyrgyzstan in currency terms has increased by 58.8% and 1.9% respectively.

The volume of foreign trade originating from Xinjiang since the beginning of 2024 has increased by 42.7% year-on-year and reached about $13.2 billion. That puts Xinjiang in second place in China in terms of trade growth at the provincial level. Imports of agricultural products specifically increased by 36%.

According to the General Customs Administration (GCA) of China, last year the trade turnover between Kazakhstan and Xinjiang increased by 63% and reached $20.3 billion.

In the first half of 2023 China became Kazakhstan’s main trading partner, displacing Russia. China supplies the country with cars, computers and laptops, plastics and plastic products — and from Kazakhstan imports oil, natural gas, uranium, ferroalloys, mined ores and concentrates and oilseeds.

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Times of Central Asia