Kazakhstan reduced prices for exported flour and oil, resulting in a 10.9% drop in export value in June.
Prices fell 8.6% within the CIS and 11.6% for other countries, media reports.
Zinc ores and concentrates saw the most significant price drop at 34.5%.
Plastics and plastic products, ferrous metals, crude oil, and petroleum products also decreased significantly at 26.2%, 19.5%, and 16.6%, respectively.
In the food category, prices of sugar and confectionery decreased by 24.8%, while beverage prices (both alcoholic and non-alcoholic) fell by 17.8% and wheat flour prices by 8.9%.
Exports from Kazakhstan have shown price increases, with semi-finished iron products rising by 36.4%, oil gases by 20.8%, hydrogen by 19.8%, and cotton by 13.7%.
The prices of dairy products, eggs, live animals, animal products, wheat, and meslin rose by 13.5%, 8.9%, and 4.2%, respectively.
According to TradingEconomy, Kazakhstan's economy relies heavily on exporting oil and related products, which account for 73% of its total exports. Other exports include ferrous metals, copper, aluminum, zinc, and uranium. The country's main export partners are Italy (18%), China (12%), Netherlands (11%), Russia (10%), and France (6%), with other partners including Switzerland, Ukraine, and Canada.
Earlier, Daryo reported that Kazakhstan's export industry has declined by more than 15% in the past six months, resulting in a total of $32.6bn.
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