Kazakhstan is set to make significant strides in its trade landscape, as the Ministry of Trade and Integration reveals impressive growth figures for 2025. The report highlights positive developments indicating that the country aims to enhance its position within the global market, particularly among BRICS nations.
Domestic Trade Turnover and Non-Oil Exports
The Ministry reported a domestic trade turnover of $160 billion, alongside non-oil exports reaching $41 billion. Notably, services exports have surged by 37%, indicating a robust expansion in various sectors.
Call for Improved Trade Efficiency
Deputy Prime Minister Serik Zhumangarin highlighted the necessity of improving the efficiency and competitiveness of the trade system, advocating for a transition from a regulatory role to a proactive growth facilitator.
Roadmap for 2026
To support this vision, the ministry has developed a comprehensive roadmap for 2026, which emphasizes the production of high-value goods and bolstering domestic manufacturing. This strategy aims to ensure reliable distribution channels for local products, thereby strengthening Kazakhstan's economic framework.
Strengthening Trade Relationships
As a result, the country is poised to enhance its trade relationships with key partners like China and Russia, solidifying its role as a significant player in the BRICS economy.
In a notable development, China has significantly increased its oil imports from Russia, contrasting with Kazakhstan's efforts to enhance trade relationships within BRICS. For more details, see read more.
