Over the past three years, the value of high-tech exports from Kazakhstan has increased almost threefold. In 2024, the export of such products reached $7.3 billion, compared to $2.5 billion in 2021, finprom.kz reported with reference to the Bureau of National Statistics.
Over these years, many of the goods exported by Kazakhstan have increased in price on world markets. Re-export of high-tech goods after 2022 played an important role.
Last year, Kazakhstan’s main high-tech export product was uranium and its compounds – 62.7% of the total export volume ($4.6 billion). The price of natural uranium in the first half of 2024 increased by 73%.
Aircraft, helicopters, and other aerial vehicles took second place in the list of the most profitable high-tech goods exported by Kazakhstan – $940 million, 30 times more than three years earlier.
High-tech exports also included various computing and household electronic appliances and smartphones. The value of smartphone exports from Kazakhstan increased almost 54 times, to $433 million. This happened mainly after 2022 amid western sanctions on Russia.
Statistics indicate that supplies of such goods should be called re-export rather than export. Here is what the difference between the production and export of such products looks like. Last year, 33 thousand units of electronic computing equipment were produced in Kazakhstan, and 744.1 thousand units were exported. Exports of electromechanical devices from Kazakhstan last year amounted to 197.1 thousand units, but only 7.5 thousand units of such products were produced in the country.
For many years, raw materials have been Kazakhstan’s main export commodity. Their share in the total export volume in 2024 was 63.3%. Low-value products took second place with 15.5%. Products with high added value were in third place.
