Strong exports of oil and minerals created trade surpluses in the early 2000s. Large amounts of foreign direct investment have also aided the country's balance of payments situation. Kazakhstan floated its currency, the tenge, in 1999, resulting in a devaluation. Subsequently, exports recovered and there was a fall in imports, and the currency stabilized against the dollar.
The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Kazakhstan's exports was $10.5 billion while imports totaled $8.2 billion resulting in a trade surplus of $2.3 billion.
The International Monetary Fund (IMF) reports that in 2001 Kazakhstan had exports of goods totaling $9.1 billion and imports totaling $8.3 billion. The services credit totaled $1.27 billion and debit $2.61 billion. The following table summarizes Kazakhstan's balance of payments as reported by the IMF for 2001 in millions of US dollars.
|Balance on goods||809|
|Balance on services||-1,339|
|Balance on income||-1,115|
|Direct investment abroad||-16|
|Direct investment in Kazakhstan||2,763|
|Portfolio investment assets||-1,354|
|Portfolio investment liabilities||32|
|Other investment assets||515|
|Other investment liabilities||778|
|Net Errors and Omissions||-720|
|Reserves and Related Items||-385|