Kazakhstan increases export transportation by rail

ASTANA, Kazakhstan, October 23. The export
transportation of Kazakhstan by rail amounted to 63 million tons
from January through September 2023, Trend reports.

As the Kazakhstan Railways (KTZ, national company) said, this
indicator increased by 7.4 percent compared to the same period in
2022.

Positive dynamics were demonstrated by the transportation of oil
(2.8 times), grain (+40 percent), iron ore (+28 percent), chemicals
(+25 percent), fertilizers (+17 percent), and non-ferrous ore (+14
percent).

The dynamics of the transportation of these types of goods in
export traffic are mainly influenced by the economic, social, and
demographic situation of the recipient countries.

Kazakhstan’s foreign trade turnover in 2022 reached a
historically high level of $134.4 billion.

The trade surplus amounted to $34.3 billion, which is 82 percent
better than in 2021 and four times more than in 2020.

Export volumes amounted to $84.4 billion. By 2021, foreign sales
volumes had increased by 40 percent, and by 2020, they had
increased by 78 percent.

Import volumes to Kazakhstan reached $50 billion for the first
time, updating the 2013 record ($48.8 billion).

.