Exports of processed goods from Kazakhstan increased by 34%

Exports of processed goods from Kazakhstan increased by 34%

According to JSC "QazTrade", in January-April, exports of processed goods from Kazakhstan increased by 34.5% to the same level in 2021 and amounted to $7.5 billion.

In general, Kazakhstan's trade turnover in processed goods in January-April 2022 amounted to $19.4 billion, which is 19.8% higher than in the same period of the previous year ($16.2 billion).

The export growth is justified by an increase in the supply of processed goods such as: uranium, ferroalloys, copper and copper cathodes, wheat or wheat-rye flour, aluminum oxides and hydroxides, natural gas, unprocessed zinc, etc.

Imports of processed goods to Kazakhstan in January-April 2022 increased by 12.2% and amounted to $12 billion. The growth was due to an increase in the import of such goods as: car bodies and spare parts for cars and tractors, spark-ignition internal combustion engines, medicines, other ferrous metal products, air conditioning units, telephones, etc.

Main trading partners (processed goods)

The total trade turnover of Kazakhstan (processed and raw materials) in January-April 2022 amounted to $39.7 billion, which is 40.8% higher than in the same period of the previous year ($28.2 billion).

At the same time, exports increased by 59.8% and amounted to $26.5 billion, and imports - by 13.7% and amounted to $13.2 billion.