Foreign trade
The total foreign trade value of the region reached US$2.264 billion in 2000, an increase of 28.27 per cent over US$1.765 billion in 1999. 53.18 per cent of the foreign trade value of US$1.20409 billion came from export, an increase of 17.19 per cent over US$1.02743 billion in 1999.
Total export value in 2000 was equivalent to 7.3 per cent of the region's GDP and 0.48 per cent of the total national export value.
Export of primary products was worth US$360.03 million, making up 29.9 per cent of total export value, while for manufactured goods the figures were US$844.06 million or for 70.01 per cent
Export goods were destined for 99 countries and regions in 2000, though, the top five export markets (see Table 7.31.2) took 72.18 per cent of the total export value, with Kazakhstan being the largest buyer of the region's exports.
| Country/region | Export value (US$ million) | % of export total |
|---|---|---|
| 1995 | ||
| Hong Kong | 139.86 | 18.19 |
| Kazakhstan | 121.40 | 15.79 |
| Kirghizstan | 99.02 | 12.88 |
| Japan | 66.35 | 8.63 |
| Uzbekistan | 26.40 | 3.43 |
| Total | 453.03 | 58.92 |
| 2000 | ||
| Kazakhstan | 508.87 | 42.26 |
| Hong Kong | 104.98 | 8.72 |
| Kirgizstan | 104.37 | 8.67 |
| Republic of Korea | 89.37 | 7.42 |
| Indonesia | 61.53 | 5.11 |
| Total | 869.12 | 72.18 |
Total import value rose by 43.64 per cent from US$737.91 million in 1999 to US$1.05991 billion in 2000. Of the total spend on import, 43.87 per cent or US$465.02 million went on primary products, while 56.13 per cent or US$594.88 million was spent on the import of manufactured goods.
As with export, there was a high level of concentration on the top five trading partners (see Table 7.31.3). The top five import markets took 85.8 per cent of the region's total import dollars, with Kazakhstan again ranking first with a dominant share of 63.26 per cent.
| Country/region | Import value (US$ million) | % of import total |
|---|---|---|
| 1995 | ||
| Kazakhstan | 285.96 | 43.38 |
| Kirghizstan | 92.20 | 13.98 |
| Hong Kong | 64.31 | 9.75 |
| Italy | 49.17 | 7.46 |
| Japan | 31.73 | 4.81 |
| Total | 606.51 | 91.99 |
| 2000 | ||
| Kazakhstan | 670.46 | 63.26 |
| Italy | 70.83 | 6.68 |
| Kirgizstan | 66.99 | 6.32 |
| USA | 51.88 | 4.89 |
| Russia | 49.32 | 4.65 |
| Total | 909.48 | 85.8 |
EAN: 2147483647
Pages: 648