Market Insights
Kazakhstan: Economy Grows 4.8% in January–September, Foreign Trade Tops $102.9 Billion

Official data published on 15 October 2026 show that Kazakhstan’s short-term economic indicator grew by 4.8% in January–September compared with the same period of 2025. Annual inflation in September was 9.3%.

According to the Bureau of National Statistics, Kazakhstan’s foreign trade turnover in January–August 2026 reached US$102.96 billion, up 12.8% year on year in nominal terms:

  • exports: US$60.39 billion (+19.5%);
  • imports: US$42.57 billion (+4.5%).

Crude oil accounted for 49.8% of exports, followed by refined copper (6.4%), radioactive chemical elements (5.1%), copper ores and concentrates (4.4%) and ferroalloys (2.2%). Trade with the Eurasian Economic Union countries totalled US$20.99 billion.

Source: Bureau of National Statistics of Kazakhstan