BAKU, Azerbaijan, November 6. Kazakhstan
exported 2.2 million tonnes of crude oil and crude oil products
obtained from bituminous minerals to Singapore in January-August
2026, marking an increase of more than 2.6 times (up 163.77%)
compared with 833,056 tonnes in the same period of 2025.
This is according to Trend’s calculations from the Bureau of National
Statistics of Kazakhstan.
In value terms, crude oil exports to Singapore surged by 227.17%
year-on-year to $1.26 billion from $384.25 million.
Singapore ranked seventh among the largest buyers of Kazakh
crude oil, accounting for 4.68% of Kazakhstan’s total oil export
volume and 4.18% of its total export value during the first eight
months of 2026.
In August 2026 alone, Kazakhstan exported 362,547 tonnes of
crude oil to Singapore valued at $261.39 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, total crude oil exports grew
by 16.31% to $30.09 billion compared to $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%).
