The Inimitable Role of Mineral Fuels in the Export Market of Kazakhstan 2024
The abundant reserves and favorable government policies are recording a steady growth in the potential supply of mineral fuels to the destination estates. From 2020 onwards the export market of the nation has been continuously driven by the mineral fuels industries with around 60% share of the total exports countering the majority of the annual export revenue. The strategic location between Europe and Asia and its crucial role as a major transit route between different connecting regions are recording a hike in the overall export value.
The growing production rate and the increasing global acquisitions from the trade management authorities recorded an annual export trade value of 58 billion US dollars in 2024. The heavy investment in boosting the production efficiency of the oil fields and refineries is on its way to increase the overall trade efficiency, fostering the expected growth rate in the GDP value.
Top 10 Mineral Fuels Exports From Kazakhstan in 2024
The constantly striving improvement of the trade management authorities towards the improvement of the export infrastructure has recorded a hike in export revenue. According to the Kazakhstan Export Data, the top 10 mineral fuels export trade value of Kazakhstan in 2024 are,
1. Crude Petroleum Oil - Export trade value of Crude Petroleum Oil from Kazakhstan 2024 - 35 billion US dollars.
2. Refined Petroleum - Export trade value of Refined Petroleum from Kazakhstan 2024 - 25 billion US dollars.
3. Natural Gas - Export trade value of Natural Gas from Kazakhstan 2024 - 20 billion US dollars.
4. Coal Briquettes - Export trade value of Coal Briquettes from Kazakhstan 2024 - 15 billion US dollars.
5. Lignite - Export trade value of Lignite from Kazakhstan 2024 - 10 billion US dollars.
6. Coke & Semi-Coke Of Coal - Export trade value of Coke & Semi-Coke Of Coal from Kazakhstan 2024 - 8 billion US dollars.
7. Petroleum Gas - Export trade value of Petroleum Gas from Kazakhstan 2024 - 6 billion US dollars.
8. Peat - Export trade value of Peat from Kazakhstan 2024 - 4 billion US dollars.
9. Coal Tar Oil - Export trade value of Coal Tar Oil from Kazakhstan 2024 - 3 billion US dollars.
10. Petroleum Coke - Export trade value of Petroleum Coke from Kazakhstan 2024 - 1.5 billion US dollars.
Top 10 Export Trade Partners of Kazakhstan for Mineral Fuels in 2024
The growing concern of the trade management authorities towards the build-up of supply chains has supported the relentless access to the destination estates. According to the Kazakhstan Trade Data, the top 10 leading export trade partners of the nation in 2024 are,
1. China - As per the China Import Data, the valuation of the mineral fuels exported from Kazakhstan in 2024 - 32 billion US dollars
Top exports from Kazakhstan
1. Light crude oil 2. Medium Crude oil 3. Urals crude 4. Basrah crude 5. Pipeline natural gas
2. Italy - As per the Italy Import Data, the valuation of the mineral fuels exported from Kazakhstan in 2024 - 27 billion US dollars.
Que. What is the top export of Kazakhstan in 2024? Ans. Crude Petroleum Oil is the top export of Kazakhstan in 2024.
Que. What is the export trade value of Kazakhstan mineral fuels from Kazakhstan in 2024? Ans. The export trade value of Kazakhstan's mineral fuels in 2024 is 58 billion US dollars.
Que. Name the top export trade partner of Kazakhstan for mineral fuel exports in 2024. Ans. China is the top export trade partner of Kazakhstan for mineral fuel exports in 2024.
Que. Where can you get a detailed trade analysis of the Kazakhstan Export trade in 2024? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the Kazakhstan Export trade in 2024.