Kazakhstan: sunflower meal export doubles

According to the Committee on Statistics at Ministry of National Economy of the Republic of Kazakhstan, the country increased the export of sunflower meal to 64 thousand tons over the 10 months of 2019-2020 MY, 2-fold YoY. Particularly, the export of sunflower meal to Uzbekistan (the key importer) almost tripled to 30 thousand tons. The…

Kazakhstan: over 2 thousand online shops registered

There are more than two thousand online stores in Kazakhstan, Bakhyt Sultanov, Minister of Trade and Integration of the Republic of Kazakhstan, has announced at a Government meeting. “COVID-19 pandemic leads to a significant growth in online shopping. The increase in sales through B2C (Business-to-Consumer) channels is especially noticeable in online trade of medicines, household…

Kazakhstan: GDP down in H1 2020

According to the results of the first half of 2020, Kazakhstan’s GDP has decreased by 1.8%, while the forecast was -1.5%. This is due to the downturn in the service sector, despite the relaxation of quarantine measures and the opening of trade and catering facilities from mid-May. According to the National Bank, such industries, as…