Fast Market Research

Now Available: Kazakhstan and Central Asia Defence & Security Report Q3 2014

New Defense research report from Business Monitor International is now available from Fast Market Research


Boston, MA -- (SBWIRE) -- 06/18/2014 -- BMI believes that Kazakhstan will spend up to US$2.8bn in 2014 on defence. Up to 2018, we expect the country to spend on average US$3.8bn on defence. We expect that the defence budget will rise to US$3.2bn in 2015, and then again to US$3.6bn by 2016. The final two years of the forecast period will see Kazakhstan spending US$4.0bn and US$4.4bn on defence in 2017 and 2018 respectively.

Kazakhstan has broadly maintained a defence trade balance in its favour since the commencement of the decade. We do not expect this situation to change in the coming years and, therefore, we expect Kazakhstan to continue exporting on average US$6.4mn more than it imports each year. Kazakhstan makes modest defence exports annually. Following the break-up of the Soviet Union in the early 1990s, Kazakhstan inherited some significant components of the Soviet defence industrial complex. Not least of these is a significant aircraft manufacturing and export base, most notably focusing on the production of strategic freighters and also military rotorcraft. We expect that these platforms will continue to prove popular export items for Kazakhstan in the coming years. Kazakhstan is performing some small-scale imports of military equipment and services from third-party suppliers. The government is now also making some small-scale imports of equipment from Western suppliers, while commencing the manufacture of Western equipment via joint ventures established with Western suppliers.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Browse all Defense research reports at Fast Market Research

You may also be interested in these related reports:

- Romania Defence & Security Report Q3 2014
- Colombia Defence & Security Report Q3 2014
- Egypt Defence & Security Report Q3 2014
- Iran Defence & Security Report Q3 2014
- Singapore Defence & Security Report Q3 2014
- South Korea Defence & Security Report Q3 2014
- Saudi Arabia Defence & Security Report Q3 2014
- Brazil Defence & Security Report Q3 2014
- Security and Surveillance Radar Market (Land Systems, Airborne Systems, and Naval Systems) - Global Forecasts and Analysis to 2014 - 2020
- United Arab Emirates Defence & Security Report Q3 2014