Kazakhstan Trade Climbs 7.9% to $44.9 Billion as $13.8 Billion Investment Shifts Beyond Mining
Updated
Updated · Astana Times · Jun 22
Kazakhstan Trade Climbs 7.9% to $44.9 Billion as $13.8 Billion Investment Shifts Beyond Mining
1 articles · Updated · Astana Times · Jun 22
Summary
$44.9 billion in foreign trade turnover marked a 7.9% rise in January-April, with exports up 5% to $24.9 billion and imports growing faster at 11.3% to $20.8 billion.
Crude oil and petroleum products still drove external earnings, making up 44% of exports, while China was the top export market at 20.3% and Russia the largest import source at 31.8%.
$13.8 billion in fixed-capital investment for January-May was 7% higher than a year earlier, but mining and quarrying investment fell 9.5% to $2.8 billion.
Manufacturing absorbed $1.6 billion with 29.2% growth, electricity and utilities jumped 83.4% to $846 million, transport rose 25.6%, and agriculture gained 36.4%, showing capital is spreading beyond commodity extraction.