HomeNewsKazakhstan's $160B Trade Turnover Fuels BRICS, Diversifies Beyond Oil Exports

Kazakhstan’s $160B Trade Turnover Fuels BRICS, Diversifies Beyond Oil Exports

-

Kazakhstan’s Ministry of Trade reported significant 2025 trade figures, including a domestic turnover of $160 billion and non-oil exports of $41 billion. Deputy Prime Minister Serik Zhumangarin outlined a strategic shift from regulation to active growth driver, focusing on 1,500 investment projects across agriculture and manufacturing. The 2026 roadmap aims to elevate high-value exports and deepen integration within the BRICS economic network.


Kazakhstan’s trade performance in 2025 showed momentum extending beyond its traditional oil and gas sector, according to Ministry of Trade data. The ministry recorded $160 billion in domestic trade turnover, with non-oil exports reaching $41 billion and services exports rising 3.7% to $12.3 billion.

Deputy Prime Minister and Minister of National Economy Serik Zhumangarin stated the ministry’s new direction. “Our aim is not only to maintain current momentum but to elevate the trade system to a higher level of efficiency and competitiveness,” he said.

The ministry plans to transition from a regulatory role to an active growth driver. It has assembled a preliminary portfolio of 1,500 investment projects in agro-industrial production, manufacturing, and infrastructure.

More than 500 projects are in agriculture and over 400 are in processing industries. The ministry will also guarantee distribution for the output of these projects to support domestic production.

The 2026 roadmap explicitly targets high value-added goods for export expansion. It also focuses on wider wholesale and retail turnover, reliable supply chains, and digitalization across trade.

While not a formal member, Kazakhstan’s trade growth increasingly aligns with the BRICS economy through its major partners China and Russia. The ministry’s commitment to guaranteeing distribution for domestic output aims to strengthen Kazakhstan’s role within this network.

LATEST POSTS

AAVE Plunges 53.88% Yearly; Short-Term $137.53 Surge Projected

The AAVE token has dropped to approximately $115, declining nearly 4% in the last day alongside a broader market downturn. Technical analysis shows a bearish...

Shiba Inu Price Target Set for $0.00005 by 2026 Amid Current Decline

On-chain analytics firm Whale Scan has projected two specific Shiba Inu price targets for late 2026, ranging from $0.00003 to $0.00005, representing potential gains of...

Swiss Firm Launches Hedera-Based Platform for EU Product Passports

The Hashgraph Group, a Swiss firm building on the Hedera network, has launched TrackTrace to help companies comply with upcoming EU Digital Product Passport rules....

Bitcoin-Gold Correlation Plummets, Disputing Crypto’s ‘Digital Gold’ Status

The CEO of analytics firm CryptoQuant asserts Bitcoin is not in a 'digital gold' period due to a significant divergence in correlation. The correlation between...

Most Popular

spot_img