Information about the reimbursement of exporters' costs

The authorized body for reimbursement of the costs of subjects of industrial and innovative activities for the promotion of domestic processed goods/services to foreign markets since 2021 is JSC «QazTrade» - a subordinate company of the Ministry of Trade and Integration of the Republic of Kazakhstan.

According to the results of 9 IСCs conducted in 2022, 244 applications from 150 companies were approved for a total amount of 3 633, 97 million тenge, of these:

- for the costs associated with the delivery of goods - 221 applications in the amount of 3 478,2 million tenge;

- for the promotion of goods - 23 applications for the amount of 155,8 million tenge.

In exchange for this type of state support, exporters assume counter obligations, which are fixed in agreements for receiving compensation.

Thus, 150 companies that have received a refund of part of the export costs plan to increase the following indicators by 2023:

- the volume of exports by 107 094,6 million tenge;

- tax deductions to the budget for 16 452, 6 million tenge;

- the number of jobs for 1 700 people.

 

In January-April 2022, exports of goods processed шт Kazakhstan increased by 34.5% and amounted to 7.5 billion US dollars.

 

Applications approved during 6 months of 2022 were submitted by the following entities:

Small business – 138 applications;

Medium business – 55 applications;

Large business – 51 applications.

 

Companies that have received approval for applications for partial reimbursement of export costs represent such sectors of the economy as:

- production of construction materials;

- food and beverage production;

- mechanical engineering;

- chemical industry;

- textile industry;

- manufacture of rubber and plastic products;

- production of finished metal products;

- production of pharmaceutical products;

- production of electronic and electrical equipment, etc.

 

The export destinations of the companies that received partial reimbursement of costs were: Azerbaijan, Kyrgyzstan, Mongolia, Russia, Turkmenistan, Uzbekistan, Georgia, Afghanistan, China, Tajikistan, Ukraine, Turkey, Luxembourg, Belgium, Lithuania, Germany, Denmark, Czech Republic, Poland, UAE, Republic of Korea, Sweden, France, Italy, Brazil, Singapore, Japan, Estonia, Belarus, USA, Armenia, Bahrain, Iran, Oman, Cyprus, Canada, Austria.

 

In 2021, according to the results of 24 ICCs, 306 applications from 162 companies were approved for a total amount of 6 025,97 million tenge, of which:

Companies that received compensation assumed counter obligations to increase the following indicators:

- export volume by 134 874,37 million tenge;

- tax deductions to the budget for 10 306,49 million tenge;

- the number of jobs for 2 948 people.

 

According to the results of last year, the most applications (183) received from companies of the "small business" category. 74 and 49 applications were received from medium and large business companies, respectively.

Press service of JSC "QazTrade"