New Prospects of Grain Exports of Kazakhstan

Nowadays grain is the third most important commodity that Kazakhstan exports after oil and gas products, and metals. Kazakhstan is one of the major players in the world grain market. Vast plains with an appropriate soil type and climate in the northern regions of Kazakhstan allow to harvest many millions of tons of grain. The main type of grain that Kazakhstan cultivates is wheat. For instance, according to preliminary estimates, in 2015 Kazakhstan became the eighth largest exporter of wheat in the world. In 2015 it exported 6.5 million tons of wheat, 0.4 million tons of barley, 27 thousand tons of maize and 17.8 thousand tons of other cereals. Annual revenues from grain export range between $1.3 and $1.8 billion. Approximately 85% of this sum comes from export of wheat.