The biggest landlocked nation in the world, Kazakhstan, is situated in Central Asia and borders China, Russia, Kyrgyzstan, Uzbekistan, and Turkmenistan. Rich in natural resources, the nation serves as a vital trading link between Europe and Asia. Almaty continues to be the principal commercial center, while Nur-Sultan (previously Astana) serves as the capital. As per the KAZAKHSTAN import data, Kazakhstan's mining, oil, and industrial industries are expected to contribute USD 265.1 billion to the country's GDP in 2024.
Kazakhstan is the 62nd largest importer in the world, according to global trade data. In 2024, the leading exporter to Kazakhstan is the Russian Federation. As per the KAZAKHSTAN customs data, it is anticipated that the overall value of imports would reach USD 58.4 billion, with industrial machinery, automobiles, electronics, and food items driving a significant increase. The most popular imported good is refined petroleum, which is widely utilized in both industrial and home production.
With the help of its active participation in the Eurasian Economic Union (EAEU), Kazakhstan is continuing to grow its international trade partnerships. Its import flow is improved by ongoing trade agreements and infrastructural improvements, especially with Europe and its neighbors.