Historic export data to Kazakhstan is provided by the United National Statistics Division in Table 2 and Figures 3 through 6 below.
Table 2.
Comparison of Exports to Kazakhstan: World, Russian Federation and the United States (Millions of $U.S.)
Trade partner 1995 1996 1997 1998 1999 2000 2001 2003 2004 World 5,226 5,896 6,486 5,206 5,871 8,788 8,619 12,926 19,938 Russian Federation 2,361 2,480 2,285 1,578 1,146 1,751 1,748 1,967 2,769 United States 43-59-139 70-81 209-159 98 265
Source: United Nations Statistics Division 2008.
Figure 3. Exports to Kazakhstan: Comparison of World, Russian Federation and the U.S.: 1995-2004
Source: Based on tabular data in United Nations Statistics Division 2008.
Figure 4. Exports to Kazakhstan: World: 1995-2004
Source: Based on tabular data in United Nations Statistics Division 2008.
Figure 5. Exports to Kazakhstan: Russian Federation: 1995-2004
Source: Based on tabular data in United Nations Statistics Division 2008.
Figure 6. Exports to Kazakhstan: United States: 1995-2004
Source: Based on tabular data in United Nations Statistics Division 2008.
More recent export data of U.S. exports to Kazakhstan is provided by the U.S. Census Bureau's Foreign Trade Division in Table 3 and Figure 7 below.
Table 3.
U.S. Exports to Kazakhstan: 2003-2007 (Thousands of $U.S.).
Source: U.S. Census Bureau Foreign Trade Division 2008.
Figure 7. Total U.S. Exports to Kazakhstan: 2003-2007
Source: Based on tabular data in U.S. Census Bureau Foreign Trade Division 2008.
The figures above indicate that there is an inextricable relationship beginning in 1998 between rising oil prices and high economic growth among the three primary energy exporters in Eurasia, particularly in Kazakhstan. As suggested by the trends shown in Figure 8 below, this positive relationship generally holds between energy prices and economic growth in all of Eurasia, in no small part because favorable economic developments in Russia in particular continue to spill over to many of the Eurasian countries (Monitoring Country Progress 45).
Figure 8. Oil Prices and Economic Growth in Kazakhstan
Source: Monitoring Country Progress in Central and Eastern Europe and Eurasia, 10th ed. United States Agency for International Development (USAID): 45.
These trends have not been ignored by the policymakers in Kazakhstan, though. For example, the World Factbook entry for Kazakhstan reports, "The country has embarked upon an industrial policy designed to diversify the economy away from overdependence on the oil sector by developing its manufacturing potential. The policy aims to reduce the influence of foreign investment and foreign personnel" (Kazakhstan 5). Just as the booming economy in China has placed enormous pressures on the government to identify more energy-efficient and environmentally responsible approaches to development, it is reasonable to assume that these same pressures will continue to influence the types of goods and services being imported by the government and industries of Kazakhstan in the future. In this regard, U.S. government analysts point out that, "Upward pressure on the local currency continued in 2007 due to massive oil-related foreign-exchange inflows. Aided by strong growth and foreign exchange earnings, Kazakhstan aspires to become a regional financial center and has created a banking system...
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