A country’s exports are an important indicator of its national economic strength, which partially defines where it stands in global labor markets. The Republic of Kazakhstan exports more than it imports. The state is the primary supplier of oil and certain metals and is also a significant player in the global uranium market. Therefore, a thorough analysis of the factors affecting the country’s exports is extremely important for understanding the national economy.
Kazakhstan’s land is rich with various minerals. Of the 105 elements presented in the periodic table, 99 are present in Kazakhstan's soil. There is active exploration for 70 minerals and over 60 elements are used.
Kazakhstan has significant oil and gas reserves concentrated in the western part of the country. This makes the Republic one of the largest oil producing states in the world. The opening of the new South Turgai oil deposit expands the prospects for the further development of oil production in the Republic. According to the geological and economic assessment of the identified mineral reserves of Kazakhstan, there are economically significant amounts of coal, oil, copper, iron, lead, zinc, chromites, gold, manganese in the country.
Kazakhstan’s extended list of trade partners includes around 20 countries. When analyzing the volume of exports to these key destination countries in 2012 and 2019, the picture remains unchanged. In the former case, 92.7% of exports went to these countries. In the latter, 88.7%. An average of 50% of Kazakhstani natural resource exports go to 5 top importers: Russia, France, the Netherlands, Italy, and China.
Globally, Kazakhstan is a leading exporter or sulfur. Sulfur is a by-product of oil processing at the country’s two main oil and gas fields, Kashagan and Tengiz. In total, 2.3 million tons of sulfur are produced from these deposits every year.
The AsstrA international corporate group participates in the export of sulfur from the Kashagan field through the Russian port of Kavkaz. In November 2019, the company will celebrate a special type of anniversary: the hundredth sulfur supply train will reach the port of Kavkaz. From November 2017 up until today, the AsstrA team has accepted over 400 thousand tons of sulfur at the port and shipped it on via sea vessels.
“AsstrA clients receive a full range of services. It includes the acceptance and storage of granular and lump sulfur at the Kavkaz port terminal as well as rapid transshipment to handysize and panamax ships. AsstrA employees monitor operations 24/7 at the terminal. All sulfur operations at the port of Kavkaz are carried out in strict accordance with Health, Safety, and Environmental (HSE) policies and dry bulk cargo handling procedures,” says Svetlana Palkina, Head of AsstrA Oil & Gas Fertilizers Logistics.
“In 2020, we plan to develop and strengthen our competencies related to the transportation of bulk products in tank containers and tanks. Our team of experts aims to develop services related to both the domestic market in Kazakhstan as well as import-export routes.
In 2019, negotiations have already been held with a number of major oil and gas industry customers in order to find out how they work and their requirements for suppliers. Our task is to develop our services the right way so as to best meet customer requirements. Therefore, in the AsstrA Oil & Gas Fertilizers Logistics Division, an expert in the Almaty office has been assigned to work with companies in the markets of Kazakhstan and Central Asia.” shared Margarita Dyadyaeva, AsstrA Almaty Branch Manager.