Kazakhstan has prioritized the development of non-oil sectors of economy, which accounted for 85% of the country's economic growth in 2019. Transactions between residents and nonresidents may be conducted in any currency. Kazakhstan halted oil exports to China at the start of 2020 after discovering contaminated material in crude flows to China. Import increased 17 percent in 2019, from $26.8 billion to 31.4 million. Ores, slag, ash: US$296.9 million (26.6% of total exports) Gems, precious metals: $225.8 million (20.2%) in 2019 • Evaluate the level of uncertainty and key risks of doing business in Kazakhstan • Identify key business strategies and areas for change • Identify the drivers and barriers for business in Kazakhstan Target audience for the Survey Top-management of the leading companies in Kazakhstan in key sectors of the economy. June 10, 2019; MOSCOW — Ruled by the same authoritarian leader since the 1991 collapse of the Soviet Union, Kazakhstan finally has a new … NUR-SULTAN – Kazakhstan’s export volume decreased 4.5 percent during first 10 months of 2019 and exports fell from 65.1 percent of all trade volume to 60.4 percent, energyprom.kz reported Dec. 30, using data from the Kazakh Ministry of National Economy’s Statistics Committee. 28 in the World Bank Group's Doing Business 2019 report that ranks the world's top economies for their ease of doing business. Kazakhstan and ADB. The value of total exports from Kazakhstan was $ 57 billionin 2019. CSV … Based on Kazakhstan import statistics and shipment details, Kazakhstan’s top 10 imports accounted for 62.8% of the overall value of shipments recorded in 2019. This statistic is not included in your account. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). and over 1 Mio. NUR-SULTAN, December 18, 2019 — Kazakhstan’s real gross domestic product (GDP) growth is projected at 4.0% for 2019, before easing to 3.7% in 2020, according to the World Bank’s latest Kazakhstan Economic Update.. A solid performance in domestic demand supported annual GDP growth in 2019. April 15, 2020. Kazakhstan was the only source of horse meat export back those years. June 9 – Early presidential elections were held in the country with seven registered candidates, including incumbent president Kassym-Jomart Tokayev. ALMATY, Kazakhstan -- Annual gas exports from Kazakhstan to China are set to double in 2019, as Beijing moves to cushion the impact of its trade war with the U.S. 'The prohibition on the export of certain types of timber from Kazakhstan is approved for six months and has entered into force on August 18, 2019,' the report said. In 2017, Kazakhstan produced 1.73 million bpd of crude oil. Among the above countries, the fastest-growing suppliers of wheat to Italy since 2015 were: Kazakhstan (up 5,031%), Moldova (up 559.1%), Croatia (up 405.6%) and Slovenia (up 238.8%). The economy continued to suffer in the third quarter on the fallout from the pandemic and related containment measures, with the government imposing a lockdown that lasted from early July to late August. Oil is loaded onto tankers or barges at Kazakhstan’s port of Aktau or the smaller Atyrau port and then shipped across the Caspian Sea, where it is loaded onto the Baku-Tbilisi–Ceyhan pipeline or the Northern Route pipeline (Baku–Novorossiysk) for onward transport, mainly to Europe. June. Kazakhstan Trade Last Previous Highest Lowest Unit; Balance of Trade -142.70-433.70: 6771.90-1063.70: USD Million: Current Account ", WTO, Kazakhstan: Export of goods from 2009 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/436213/export-of-goods-to-kazakhstan/ (last visited December 12, 2020), Kazakhstan: Export of goods from 2009 to 2019, Life expectancy at birth in Kazakhstan 2018, Median age of the population in Kazakhstan 2015, Gross domestic product (GDP) in Kazakhstan 2021, Gross domestic product (GDP) per capita in Kazakhstan 2025, Gross domestic product (GDP) growth rate in Kazakhstan 2025, Kazakhstan: Share in global GDP adjusted for PPP 2025, Share of economic sectors in the GDP in Kazakhstan 2019, Employment by economic sector in Kazakhstan 2020, Youth unemployment rate in Kazakhstan in 2020, National debt of Kazakhstan in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Kazakhstan 2019, Ratio of government expenditure to gross domestic product (GDP) in Kazakhstan 2025, Kazakhstan's budget balance in relation to GDP 2025, New cases of COVID-19 worldwide from January 23 to December 10, 2020, by day, Export of commodities from Kazakhstan 2018, Poverty headcount ratio in Kazakhstan 2017, Labor force participation rate in Kazakhstan 2020, Mortality rate in Kazakhstan 2018, by gender, Coal - Kazakhstan’s proved reserves 2010-2019, Consumer spending in Kazakhstan 2007-2011, per capita, Total consumer spending in Kazakhstan 2007-2011, Life expectancy at birth in Kazakhstan 2018, by gender, Retail net sales in Kazakhstan 2007-2011, per capita, Total of retail net sales in Kazakhstan 2007-2011, Retail sales of the global direct selling industry Kazakhstan 2013-2019, Export of goods from Japan to Vietnam 2009-2018, Online revenue forecast for Cinema Tickets in China until 2024, Casted ordinary steel products production volume in Japan 2012-2019, Roller ball pens sales volume in Japan 2012-2019, Fertilizer production growth rate India FY 2013-2019, Cold-rolled narrow steel tape sales volume in Japan 2012-2019, Kazakhstan: Export of goods from 2009 to 2019 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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