Kazakhstan’s agricultural industry shows positive growth despite pandemic

Published Feb 25, 2021

Tridge summary

Kazakhstan's agricultural sector experienced a positive growth in 2020, with a 5.6% increase in gross agricultural production that reached 6.3 trillion tenge (US$15 billion). This growth was primarily driven by a 7.8% increase in crop production. The country also saw a 3% increase in gross livestock production and a 15% increase in agricultural investments, amounting to US$1.1 billion. Additionally, food production increased by 13.5%. The government is focusing on creating ecosystems for crop production and agricultural processing, and has plans to develop production lines for bioethanol, sugar, and oilseeds. Despite pandemic restrictions, over 20.8 million tons of grain were collected in 2020, and the country has expanded its list of enterprises in foreign supplier registers, exporting a variety of products to several countries.

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Original content

NUR-SULTAN – Kazakhstan is experiencing a positive growth trend in the agricultural industry, according to the reports available on the Prime Minister’s website on Primeminister.kz. Based on the preliminary results of 2020, the gross agricultural production increased by 5.6 percent and reached 6.3 trillion tenge (US$15 billion). The growth is mostly due to an increase in crop production of about 7.8 percent. The gross livestock production increased by 3 percent and amounted to 2.6 trillion tenge (US$6 billion). Investments in agriculture increased by 15 percent and amounted to 573.2 billion tenge (US$1.1 billion). Food production increased by 13.5 percent and amounted to 104 billion tenge (US$250 million). Crop production remains one of the priority areas. In this light, the Kazakh Ministry of Agriculture intends to create ecosystems for crop production and agricultural processing as part of the state program. This allows local producers to participate in export pricing of final ...

Source: Astanatimes