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Kazakhstan, a land of minerals, crude oil and natural gas condensate, space launch facility, and livestock products




The country is on an exciting curve of economic growth with its market of + 18 million consumers.
Energy is the leading economic sector with huge production of crude oil and natural gas condensate. Kazakhstan holds about 4 billion tonnes (3.9 billion long tons) of proven recoverable oil reserves and 2,000 cubic kilometres (480 cubic miles) of gas. 

Major oil and gas fields and recoverable oil reserves are Tengiz with 7 billion barrels (1.1 billion cubic metres); Karachaganak with 8 billion barrels (1.3 billion cubic metres) and 1,350 cubic kilometres (320 cubic miles) of natural gas; and Kashagan with 7 to 9 billion barrels (1.4 billion cubic metres).

Other major exports of Kazakhstan include wheat, textiles, and livestock. Kazakhstan is a leading exporter of uranium.


Grain, potatoes, vegetables, melons and livestock are the most important agricultural commodities. Its arable land has the second highest availability per inhabitant (1.5 hectares).

Chief livestock products are dairy products, leather, meat, and wool. The country's major crops include wheat, barley, cotton, and rice. Wheat exports, a major source of hard currency, rank among the leading commodities in Kazakhstan's export trade. Some Kazakh wine is produced in the mountains to the east of Almaty.

Kazakhstan has an abundant supply of accessible mineral and fossil fuel resources. Development of petroleum, natural gas, and mineral extractions, has attracted most of the over $40 billion in foreign investment in Kazakhstan since 1993.

According to some estimates, Kazakhstan has the second largest uranium, chromium, lead, and zinc reserves, the third largest manganese reserves, the fifth largest copper reserves, and ranks in the top ten for coal, iron, and gold. It is also an exporter of diamonds.
Kazakhstan also possesses large deposits of phosphorite.
Among main tourist attractions, there are five World Heritage Sites in Kazakhstan and thirteen are on the tentative list. International arrivals rose from 1.47 million in 2000 to 4.81 million in 2012.
The government has set the goals that a transition to the Green Economy in Kazakhstan occurs by 2050.
The government of Kazakhstan has set prices for energy produced from renewable sources.
The "Nurly Zhol" policy is accepted as preventive measures needed to help steer the economy towards sustainable growth in the context of the modern global economic and geopolitical challenges, such as the 25%-reduction in the oil price, reciprocal sanctions between the West and Russia over Ukraine, etc.
In 2009, the government introduced large-scale support measures such as the recapitalisation of banks and support for the real estate and agricultural sectors, as well as for small and medium enterprises (SMEs).
The banking system of Kazakhstan is developing rapidly and the system's capitalisation exceeds $1 billion.
Aktau is Kazakhstan's only seaport on the Caspian Sea.

Baikonur Cosmodrome is the world's oldest and largest operational space launch facility.


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