Kazakhstan's trade surplus amounts $4.6 billion in 2003

Kazakhstan’s trade surplus amounts $4.6 billion in 2003

According to the Kazakhstan Statistics Agency, Kazakhstan's foreign trade surplus amounted to $4.6 billion in 2003. In 2003, Kazakhstan's exports increased by 33% to $12.9 billion and imports soared by 28% to $8.33 billion. Country's trade with CIS countries reached $6.87 billion in 2003, up by 31% compared to 2002. Meanwhile, Kazakhstan's GDP (Gross Domestic Product) increased by 9.2% to $32 billion in 2003. The GDP growth is attributed to the increases in industrial and agricultural output and upward trend of construction sector. In 2003, country's construction sector was up by 12.4% while industrial and agricultural output increased by 8.8% and 1.4% respectively. In addition, transportation, telecommunication and trade showed positive trends last year.