Preliminary results of Kazakhstan's exports in 2021

In January-October 2021, exports of non-primary goods and services amounted to 19.9 billion US dollars.
Thus, according to the results of 10 months of this year, exports of processed products amounted to 15.9 billion US dollars, showing an increase of 28.3% compared to last year. Exports of services amounted to US$ 4 billion.
The top 3 markets for processed products traditionally include:
- China (3.7 billion US dollars, 0.3% lower than in the same period of 2020);
- Russia (3.1 billion US dollars, 47.7% higher than in the same period of 2020);
- Uzbekistan (1.3 billion US dollars, 59.1% higher than in the same period of 2020).
During 2021, export deliveries to the following countries were carried out for the first time: Pakistan, Thailand, the Philippines, Mexico.

In many respects, the positive indicators are due to the measures of state support provided.
So this year, 412 enterprises in the following industries received non-financial support through QazTrade: metallurgy, mechanical engineering, food chemical and construction industries.
These enterprises received such support measures as: service measures, export acceleration, withdrawal to Alibaba.com .
The total revenue due to the use of these measures is about 500 million US dollars. 43.8 billion tenge will be received to the budget in the form of tax deductions due to fulfilled contractual obligations.
The companies that received reimbursement of part of the export costs assumed counter obligations in the amount of $1.6 billion.
In 10 months, new types of products were exported: cotton fabrics, cardboard and paper, ammonia, leather and parachutes.

There were also measures to financially stimulate exports through KazakhExport.
For 10 months, the amount of insurance obligations assumed amounted to KZT 184.9 billion, the amount of trade financing amounted to KZT 15.2 billion, and the amount of pre-export financing amounted to KZT 14.7 billion.
Thus, among the large export-oriented projects that received support this year is the project of Kamaz PJSC in Kostanay, with a capacity of 37.2 thousand cast iron castings per year. An export-oriented project is also a joint project with Tatneft for the production of tires in Saran (capacity 3354 units per year). These projects will further increase the volume of non-primary exports.

By the end of the year, exports of processed products are expected to reach $25 billion.