Kazakhstan predicts growth of grain export potential by a third

Published 2024년 12월 6일

Tridge summary

The Kazakh government expects a 33% increase in grain exports this year, reaching 12 million tons, due to a record harvest of 26.7 million tons. The main markets for these exports will be Central Asian countries, China, Afghanistan, and Italy, with potential supplies to Azerbaijan, Afghanistan, Iran, Iraq, and the European Union. So far, Kazakhstan has exported 6.3 million tons of grain, including 2.37 million tons from the new harvest, marking a rise in supplies to several neighboring countries. An operational grain headquarters has been established to manage both domestic and international grain supplies. Kazakhstan's President Kassym-Jomart Tokayev has emphasized the importance of market diversification and discussed potential synergies in grain exports with Russia.

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Original content

The Kazakh government predicts an increase in grain export potential by a third this year — up to 12 million tons — against the backdrop of a record harvest in the republic. This is stated in a review of the year's results published by the press service of the country's Prime Minister Olzhas Bektenov. As noted in the review, 26.7 million tons of grain were threshed in Kazakhstan this year, which was a record result for the republic. "Kazakhstan annually exports 8-9 million tons of grain, of which 6.5-7.5 million tons are wheat. <…> It is predicted that this year the export potential will reach 12 million tons. The main sales markets will be the countries of Central Asia, China, Afghanistan, Italy and others," the press service noted. The republic is also working on the issue of supplying up to 2 million tons of grain to Azerbaijan and Afghanistan via Turkmenistan, as well as to Iran, Iraq, North African countries and the European Union via ports on the Black and Baltic Seas. ...

Source: Kvedomosti