ASTANA CITY OF INVESTMENT
en

Trade is one of the largest spheres of economic activity of the Republic of Kazakhstan, and its development is one of the conditions for successful functioning of the economy. Since 2003, the share of the industry in the gross domestic product of the Republic has been at least 11-12%. For 2023 the share of the industry in the gross domestic product of the republic amounted to 18.2%.

The turnover of wholesale and retail trade in 2023 reached 21.7 trillion tenge, demonstrating growth by 14.5% in nominal values by the same period of 2021.

Kazakhstan's foreign trade turnover in 2022 amounted to $140 bln, which is 3.2% more than the same period last year.

The exports of Kazakhstan for 2023 amounted to $78.7 billion, which is 56.3% of the total foreign trade turnover. Imports for the same period amounted to $61.2 billion, which is 43.7% of the total foreign trade turnover.

The state at the republican and local executive level creates conditions for the development of this industry by creating favorable conditions for doing business in the country. Investors are offered favorable credit conditions, customs duties, tax breaks and natural grants.