Kazakhstan Industrial Output Hits 40 Trillion Tenge as Manufacturing Jumps 9% and Mining Falls 4.4%
Updated
Updated · Astana Times · Aug 19
Kazakhstan Industrial Output Hits 40 Trillion Tenge as Manufacturing Jumps 9% and Mining Falls 4.4%
3 articles · Updated · Astana Times · Aug 19
Summary
39.97 trillion tenge in industrial output in January-July marked 3% annual growth, with manufacturing rising to 18.83 trillion tenge and slightly overtaking mining in value.
9% manufacturing growth offset a 4.4% mining decline as crude oil output fell 8.9% and natural gas dropped 5.5%, while pharmaceuticals, metal products, chemicals and machinery posted double-digit gains.
11.5 trillion tenge in fixed-capital investment rose 7.7%, with 41.6% directed to industry and 67.7% financed by companies' own funds, pointing to a corporate-led buildout of production and infrastructure.
$71.8 billion in first-half trade turnover increased 7.2%, but exports remained commodity-heavy: crude oil and petroleum products still made up 46.5% of total exports.
China took 18.6% of Kazakh exports and Russia supplied 30.9% of imports, underscoring that faster factory growth has yet to meaningfully reduce Kazakhstan's reliance on raw-material trade.