Kazakhstan exports agricultural products worth US$3.3 billion previous year

Kazakhstan exports agricultural products worth US$3.3 billion previous year

In 2019, export of Kazakhstan’s agricultural products significantly grew - by 50.5 percent to China, by 3.2 times to Arab states of the Persian Gulf, by 7.4 percent to Central Asian countries and by 8.2 percent to the Eurasian Economic Union member states. This was stated at a reporting meeting with Kazakh Minister of Agriculture Saparkhan Omarov.

“In general, Kazakhstan exported products to 72 countries last year. According to the past year’s figures, export of agricultural products increased by 6.4 percent, amounting to US$3.3 billion. The situation in the agricultural sector has been stable over the four months of this year despite the crisis caused by the coronavirus pandemic. The gross domestic product for agriculture increased by 2.2 percent, while food production grew by 2.4 percent,” said the minister.

More than 501.6 billion tenge (over US$1.2 billion) of investments were attracted to the industry in 2019, which is 41 percent more comparing to 2018. This year the work in this field is well underway.

“Investments in the fixed capital of agriculture increased by 10.1 percent, amounting to 98.4 billion tenge (US$245.5 million), while food production grew by 14.9 percent and amounted to 20.6 billion tenge (US$51.4 million). In livestock farming, gross output increased by 2.3 percent. The increase in production was caused by the growth of meat production by 3.6 percent and milk by 3.2 percent,” commented Saparkhan Omarov.

156.5 billion tenge (US$390.5 million) were allocated for the development of livestock production in KazAgro national management holding in 2019. The ministry financed an import of 82,000 heads of cattle worth 53 billion tenge (US$132.2 million) as well as the purchase of 374,000 small cattle worth 12.3 billion tenge (about US$30.7 million).

16 new investment projects worth 19.1 billion tenge (US$47.6 milliom) were financed as well. Taking into account previously financed projects, 54 investment projects in livestock worth 64.3 billion tenge (US$160.4 million) were launched in 2019.

“The ministry is carrying out systematic work to ensure the epizootic and phytosanitary welfare of the country and the opening of export markets for Kazakhstan’s agricultural products. At the legislative level, the vertical of the animal control has been restored on the principle of “center-region-district” which will strengthen the monitoring of the movement of controlled products and ensure full product traceability," said the minister.

Saparkhan Omarov added that an important goal in the agricultural development is to increase the share of processing of agricultural raw materials and the production of goods with higher added value. This corresponds to the strategic goals of the country to increase the export of processed products by 2.5 times by 2022.