Kazakhstan aims to increase non-resource exports to $37.7 billion in 2024 and by 2025, to $41 billion.
Announcing the government’s plans on 21 May, Prime Minister Olzhas Bektenov, Bektenov emphasized the importance of strengthening support for export-oriented enterprises through the provision of consulting services, information support and assistance in entering new markets and explained: “We need to increase the production and export of high value-added goods. We must actively support domestic producers and exporters.”
At the meeting, Minister of Trade and Integration Arman Shakkaliyev also reported on measures taken to increase non-resource exports.
In 2023, the country’s non-resource exports increased by 3%, with 278 new products added to the list. The expansion of non-resource exports encompassed 135 countries. Exports to China rose by 8%, South Korea by 26%, and Vietnam by 46%. Kazakhstan also increased its export of processed agricultural products: flour by 1.1%, sunflower oil by over 55.5%, and beverages by 42.8%.
The Ministry of Trade plans to expand the exports of finished products to China 2.5-fold, to $12.5 billion, and increase supplies of high-margin goods – chilled lamb, poultry meat and by-products – to Middle Eastern countries.
Priority will also be given to expanding exports of Kazakh food and organic products to highly competitive EU markets.
