Kazakhstan is Strengthening its Global Position with Plans to Double its Agricultural Exports by 2029
Source: inform.kz
Kazakhstan is actively developing its agricultural exports, strengthening its position in the global market and expanding its supply destinations, according to Kazinform. The country exports a wide range of products, including livestock, honey, dairy products, sausages, and canned goods, to EAEU and CIS countries, as well as to Iran, China, Mongolia, the UAE, Saudi Arabia, and Turkey.
Kazakhstan exports livestock, including cattle, sheep, horses, and camels. Additionally, honey and beekeeping products, poultry products, hides, and animal feed are supplied to these same countries and Turkey. Sausages, canned goods, offal, dairy products, and fish are exported to the EAEU countries, CIS, Iran, South Korea, and China. Meat, including lamb, pork, and horsemeat, is exported to the EAEU countries, CIS, Iran, China, the UAE, Saudi Arabia, and Japan.
In 2023, Kazakhstan's total agricultural trade turnover amounted to $11.3 billion, slightly lower than the $11.5 billion recorded in 2022. The export volume reached $5.35 billion, a 5% decrease compared to the previous year. Nevertheless, agricultural exports account for approximately 7% of the total goods exported. Russia, Uzbekistan, China, Afghanistan, and Tajikistan are among Kazakhstan's top five trading partners for agricultural products.
In a recent interview, Kazakhstan's Minister of Agriculture, Aidarbek Saparov, emphasized that the country ranks among the world's top 25 food exporters, supplying its products to 80 countries, including Central Asian and EAEU states. Over the past five years, agricultural exports have doubled, reaching $5.4 billion. Kazakhstan plans to double its exports by 2029, continuing to boost its export figures.
"We intend to further increase these numbers. In the face of growing food shortages, our country aims to double agricultural exports by 2029. We are actively restructuring our exports, focusing on deeply processed products. Exports of processed products have doubled over the past five years, reaching $2.3 billion. We are interested in establishing joint processing facilities with localization in Kazakhstan. Open and transparent business practices will be supported. This presents a significant opportunity to bring our business communities closer and strengthen food security both in Kazakhstan and in EAEU countries," the minister noted.
Currently, the ministry continues to work on expanding the range of exportable goods with the EU, Vietnam, Singapore, and Gulf countries.
In 2023, Kazakhstan's total agricultural trade turnover amounted to $11.3 billion, slightly lower than the $11.5 billion recorded in 2022. The export volume reached $5.35 billion, a 5% decrease compared to the previous year. Nevertheless, agricultural exports account for approximately 7% of the total goods exported. Russia, Uzbekistan, China, Afghanistan, and Tajikistan are among Kazakhstan's top five trading partners for agricultural products.
In a recent interview, Kazakhstan's Minister of Agriculture, Aidarbek Saparov, emphasized that the country ranks among the world's top 25 food exporters, supplying its products to 80 countries, including Central Asian and EAEU states. Over the past five years, agricultural exports have doubled, reaching $5.4 billion. Kazakhstan plans to double its exports by 2029, continuing to boost its export figures.
"We intend to further increase these numbers. In the face of growing food shortages, our country aims to double agricultural exports by 2029. We are actively restructuring our exports, focusing on deeply processed products. Exports of processed products have doubled over the past five years, reaching $2.3 billion. We are interested in establishing joint processing facilities with localization in Kazakhstan. Open and transparent business practices will be supported. This presents a significant opportunity to bring our business communities closer and strengthen food security both in Kazakhstan and in EAEU countries," the minister noted.
Currently, the ministry continues to work on expanding the range of exportable goods with the EU, Vietnam, Singapore, and Gulf countries.
23.09.2024
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