Kazakhstan’s foreign trade value has increased 24.3 per cent in the first quarter of 2018

Kazakhstan’s foreign trade value has increased 24.3 per cent in the first quarter of 2018

Kazakhstan’s foreign trade value has increased by 24.3 per cent in the first quarter of 2018. The export and import volumes have also grown. According to a national company, the amounts of goods sold in 2017 totals 40.87 billion Tenge. The value rose to 30.8 billion Tenge in the first eight months of this year. Oil and oil products make up the majority of Kazakh exports. This is followed by refined copper and crude copper alloys as well as ferroalloys. Kazakhstan also exports gas. 35.5 per cent of gas is shipped to Russia followed by Ukraine, China and Switzerland. There is also strong demand for meat. Kazakhstan exported over 10,000 tonnes of meat products since the beginning of the year. Meanwhile, the export of agricultural products is set to be increased by 2.5 times.