Kazakhstan has reported a significant boost in its crude oil production for the period from January to October 2025, with a total output of 83.614 million tons of crude oil and raw petroleum products derived from bituminous minerals. This represents a 14.2% increase compared to the previous year, demonstrating the country’s resilience and capacity in the oil sector.
According to data from the Bureau of National Statistics, during this period, Kazakhstan exported 62.639 million tons of oil products, signaling a year-on-year growth of 5.4% in exports. Additionally, domestic sales experienced a remarkable rise, up by 52%, amounting to 20.975 million tons.
In broader economic terms, Kazakhstan’s total trade turnover for January to October 2025 reached $116.335 billion. However, this figure reflects a slight 0.7% decrease compared to the same timeframe in 2024. Exports were valued at $64.601 billion, marking a 4.6% nominal decline, while imports totaled $51.733 billion, which indicates a 4.7% increase in nominal terms.
The contrasting trends in oil production and trade turnover highlight a complex economic landscape for Kazakhstan. While the oil sector thrives, the overall trade dynamics suggest challenges in other areas. Nonetheless, the growth in crude oil output and domestic sales provides a hopeful outlook for the country’s economy, emphasizing its role as a critical player in the global oil market amidst fluctuating trade conditions.