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Kazakhstan increases agricultural goods export to some European countries

Business Materials 3 September 2019 11:33 (UTC +04:00)

Baku, Azerbaijan, September 3

By Nargiz Sadikhova - Trend:

Kazakh export of agricultural products to Turkey, Georgia, Italy, and Spain is also increasing, Chairman of the Board of National Company Food Contract Corporation Rinat Akberdin said, Trend reports with reference to the press office of prime minister of Kazakhstan.

He made the statement during a press conference in the Government of Kazakhstan, during which the harvesting process, export development and measures to support domestic agricultural producers were discussed.

“This year, the main export flow will be directed to traditional markets such as the countries of Central Asia, Azerbaijan, Afghanistan, Iran. About 7.5 million tons were delivered last year, which is 68 percent of total exports. Export to Turkey, Georgia, Italy, and Spain is also growing,” Akberdin said.

Furthermore, the supply of Kazakhstan grain and flour to China annually increases. Thus, if in 2016, the volume of exports to China amounted to about 300,000 tons, in 2018 it was 600,000 tons. At the same time, agreements have already been reached on the supply of wheat in 2020.

According to the Ministry of Agriculture, this year it is planned to collect 19 million tons of grain. Depending on the quality, the cost of grain will be from 62,000 to 70,000 tenge per ton.

In general, a budget loan of 60 billion tenge, 395,000 tons of cheaper fuel and lubricants were allocated to finance spring field and harvesting operations, the cost of which is 15 tenge cheaper than the market price.

To date, 2,169 agribusiness entities have been funded to support the cultivation of agricultural crops on an area of ​​3.1 million hectares.

According to the Minister of Agriculture Saparkhan Omarov, JSC Food Contract Corporation is planning to purchase up to one million tons of grain this season.

(1 USD = 388.07 KZT on September 2)

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