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Development of the agro-industrial complex in Kazakhstan

https://doi.org/10.47703/ejebs.v4i62.65

Abstract

The article is devoted to the analysis of foreign trade in agricultural products of the Republic of Kazakhstan. The analysis of indicators of export of agricultural products of the country. In the process of studying the foreign trade turnover of agricultural products of Kazakhstan, identified the main trading partners or importers of agricultural products of the Republic.

The analysis of changes in the structure of exports of agricultural products of the Republic to the countries of the Commonwealth of Independent States and the rest of the world. The main agricultural products occupying significant shares in the structure of export of the Republic are determined. For the analysis, a statistical review of the dynamics of foreign trade in agricultural products over the last five years is presented. The analysis of indicators of production of agricultural products, as well as the share of manufactured products for export (Simić, Stankov, 2020).  

The study confirmed that the share of agricultural exports in the overall structure of the country's exports is insignificant. A significant part of the exported agricultural products are directed to the CIS countries and neighboring countries. A significant part of the export of agricultural products falls on cereals. The share of this category of goods in the total income from exports of food and agricultural raw materials is 90 percent.

Thus, exports and foreign trade in agricultural products in General are a source of growth of the agricultural economy for the country, the external factor is important to take into account when building forecasts of economic growth and modeling the economic policy of the country in the field of agriculture.

 

About the Authors

Abu Mukhammedov
Kenzhegali Sagadiyev University of International Business, Almaty
Kazakhstan


Jaroslav Kultan
University of Economics in Bratislava
Slovakia


Bota Nurymbetova
Eurasian Law Academy named after D.A. Kunayev
Kazakhstan


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For citations:


Mukhammedov A., Kultan J., Nurymbetova B. Development of the agro-industrial complex in Kazakhstan. Eurasian Journal of Economic and Business Studies. 2021;62(4):37-51. https://doi.org/10.47703/ejebs.v4i62.65

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