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Kazakhstan’s oil exports to Germany fall 12% in January-August

GenevaTimes by GenevaTimes
November 9, 2026
in Europe
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Kazakhstan’s oil exports to Germany fall 12% in January-August
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Kazakhstan’s oil exports to Germany fall 12% in January-August

BAKU, Azerbaijan, November 10. Kazakhstan
exported 1.12 million tonnes of crude oil and crude oil products
derived from bituminous minerals to Germany in January-August 2026,
down 12.26% year-on-year, according to Trend’s calculations
based on data from the Bureau of National Statistics of
Kazakhstan.

Shipments declined from 1.28 million tonnes in the corresponding
period of 2025.

In value terms, exports of these products to Germany increased
by 7.87% year-on-year to $719.3 million from $666.85 million.

Overall, Kazakhstan exported 46.96 million tonnes of crude oil
and crude oil products obtained from bituminous minerals in
January-August 2026, down 3.65% from 48.74 million tonnes in the
same period of 2025. In value terms, exports of these products
increased by 16.31% to $30.09 billion, compared with $25.87 billion
a year earlier.

Kazakhstan’s foreign trade turnover reached $102.96 billion in
January-August 2026, up 12.8% in nominal terms compared with the
same period of 2025.

Exports totaled $60.39 billion, increasing by 19.5% in nominal
terms, while imports reached $42.57 billion, up 4.5%.




Crude oil and crude oil products obtained from bituminous
minerals accounted for 49.8% of Kazakhstan’s exports in
January-August 2026. Other major export commodities included
refined copper and unwrought copper alloys (6.4%), radioactive
chemical elements and radioactive isotopes (5.1%), copper ores and
concentrates (4.4%), and ferroalloys (2.2%).

Passenger cars and other motor vehicles accounted for the
largest share of imports, at 3.3%. Other major imported commodities
included telephone equipment (2.7%), pharmaceutical products
(2.5%), petroleum gases and other gaseous hydrocarbons (2.4%), and
electric generating sets and rotary converters (2.2%).

Italy was Kazakhstan’s largest export destination, accounting
for 18% of exports, followed by China (17.6%), Russia (8.5%),
Türkiye (7.9%), France (6.1%) and the Netherlands (5.9%).

Russia was Kazakhstan’s largest import partner, accounting for
31% of imports, followed by China (29.8%), Germany (4.6%), the
United States (3.9%), South Korea (2.5%) and Türkiye (2.1%).



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