Kazakhstan
Asia & Middle East
Trade in Kazakhstan
Kazakhstan was the world’s 48th largest exporter of goods and 68th largest exporter of commercial services in 2021. Export values were $60.6 and $5.6 billion USD respectively. Kazakhstan’s top export category was fuels and mining products, followed by manufactures, and agricultural products. In 2020, Kazakhstan’s main export destination markets for goods and services trade were to China, Italy and the Russian Federation, with trade representing 57.03 per cent of GDP. In terms of imports, Kazakhstan’s import values were $41.2 and $7.5 billion USD respectively in 2021. Kazakhstan’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were the Russian Federation, China and the Republic of Korea . Kazakhstan is part of 11 Regional Trade Agreement, Armenia – Kazakhstan, Common Economic Zone (CEZ) and Eurasian Economic Union (EAEU). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Republic of Kazakhstan |
Abbreviation |
KZ |
Capital |
Nur-Sultan |
WTO Membership Date |
30 November 2015 |
Legal System |
civil law system influenced by Roman-Germanic law and by the theory and practice of the Russian Federation |
Language |
Kazakh, Russian |
Number of Time Zone(s) |
2 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Kazakhstani tenge |
Exchange Rate |
Google Finance Currencies |
GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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Trade Information Portal |
https://tradeinfo.kz/?l=en |
Last Reviewed: June, 2023
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