According to the Bureau of National Statistics of Kazakhstan, the country’s foreign trade turnover reached $66.8 billion in the first half of 2024, which is 2.1% lower than in the same period in 2023.
Although Kazakhstan expanded exports by 2.1% to $39.3 billion, imports dropped by 7.6%, reaching $27.6 billion.
Among Kazakhstan’s key trade partners are Italy (23.6%), China (18.6%), Russia (10.9%), the Netherlands (6%), France (5.5%) and Turkey (3.9%). The first three countries on the list account for more than half of Kazakhstan’s exports (53.1%).
Kazakhstan primarily exports crude oil and oil products (55.9%), refined copper and unprocessed...