Kazakhstan is expanding non-resource exports. Since the beginning of the year, their value has increased by nearly 20%, exceeding $18.5 billion. Finished products now account for more than 36% of total exports. The biggest growth has been recorded in machinery, metallurgy, chemicals, and food products. China has become the largest importer of Kazakhstan’s non-resource goods, followed by Russia, Türkiye, Uzbekistan, and the Kyrgyz Republic. Kazakhstan is set to maintain this momentum by increasing exports of high-value-added finished goods and products. Over the past five years, their volume has grown nearly 2.5 times.
«To boost exports of high-value-added finished products, a list of 70 priority goods has been identified. It covers products from the metallurgical, chemical, and petrochemical industries, as well as fertilizers, polymers, construction materials, electrical equipment, and processed grain and oilseed products,» noted Kazakh Vice Minister of Trade and Integration Aidar Abildabekov.
Support for companies entering international markets is also expanding. Businesses receive reimbursement for part of their marketing, certification, and delivery costs, with 6 billion tenge allocated for this purpose last year. Through the Export credit agency, support for export operations reached 653 billion tenge, with the largest share directed to the metallurgical and food industries. Another important aspect is that the support is becoming more targeted. This year, 125 enterprises joined the export acceleration programme, with an individual strategy developed for each. Trade and economic missions were also organized to China, Russia, Afghanistan, Thailand, the Netherlands, Mongolia, and North Macedonia.
«The Ministry has scheduled 15 trade and economic missions for this year. We also have diplomatic missions in every country. When businesses there express interest in products manufactured in Kazakhstan, we follow up on those requests. We hope to expand our geographical reach and increase the number of trade representatives abroad,» Aidar Abildabekov added.
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