Kazakhstan intends to resume bulk grain exports to Azerbaijan

Published 2024년 8월 5일

Tridge summary

Kazakhstan is planning to increase its wheat exports to Azerbaijan, which have been limited to 300,000 tons per year since 2017, to the previous export scale. The country is studying mechanisms to make its wheat more competitive in the Azerbaijan market. The Baku terminal has a grain transshipment capacity of about 600,000 tons per year, and the annual processing capacity of the flour processing complex is about 50,000 tons. Additionally, Kazakhstan Grain Company, which has been successfully developing the Chinese market since 2012, plans to use China's transit potential to export grain to Southeast Asian countries.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Aslekhan Zhuvashev said that historically, Kazakhstan had exported more than 1 million tons of grain to Azerbaijan. At present, Kazakhstan is studying mechanisms to restore the previous export scale to make Kazakh wheat competitive again in the Azerbaijan market. Previous news showed that since 2017, Kazakhstan's wheat exports to Azerbaijan have not exceeded 300,000 tons per year, but Kazakhstan Grain Company plans to significantly increase this amount. The grain transshipment capacity of the Baku terminal is about 600,000 tons per year, and the annual processing capacity of the flour processing complex is about 50,000 tons. It is worth mentioning that at the previous Kazakhstan-China Entrepreneurs Council, Aslekhan Zhuvashev, chairman of Kazakhstan Grain Company, said that in addition to traditional markets ...

Source: Foodmate