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Main export products of Kazakhstan

Main export products of Kazakhstan

Main export products of Kazakhstan

According to the data received from the first vice-minister of agriculture in Kazakhstan, during the 2017 it was managed to increase the export volumes of agriculural products by 12.5% and the products of their processing by 10.7%. To date, the profit from export of agricultural products is 2.38 billion dollars, and the profit from the export of products of their processing reached a level of 1.07 billion dollars.

The main export products in the Republic of Kazakhstan are wheat (27.7%), flour (19.7%), oilseeds (10.5%), barley (slightly less than 6%) and vegetable oil (4%).

Also, to date, the main importers of Kazakhstani agricultural products are such countries as Uzbekistan, where 19.7% of the total export was supplied, Afghanistan (19.6%), Russia (12%), Tajikistan (slightly more than 9.5%) and China (7.5%).

It should be recalled that during 2017, 4.9 million tons of cereals were exported from Kazakhstan, which is 7% more than in the previous year. Also, according to information from the Ministry of Finance, the export of wheat increased by 100.000 tons, compared to 2016. In addition, we can observe a significant increase in the export of barley, namely 25% more than in the previous year.

Kazakhstan is a major exporter of oil, natural gas, metals, and coal. In recent years, the country has also actively developed the export of grain crops, flour, meat, and dairy products.

One of the main export commodities of Kazakhstan is oil, mainly supplied to China, Italy, the Netherlands, and Russia. Natural gas and metals also make up a significant share of the country’s exports.

In recent years, Kazakhstan has increased the export of grain and flour to Central Asian countries, China, Iran, and other countries. The quality of Kazakh grain meets international standards, allowing the country to successfully compete in the global market.

Despite positive trends in export development, experts note the need to diversify export supplies and seek new markets. In addition, the development of logistics infrastructure, including railways and highways, remains an important issue.