Kazakhstan Strengthens Its Position in Commodity Markets Due to Rising Metal Prices

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ASTANA — In February 2026, Kazakhstan recorded mixed price dynamics: exports declined year-on-year, while imports continued to rise, Kazinform reports.

The export price index stood at 100.6% of January, but fell to 98.1% by February 2025. Overall, export prices fell by 2.6% from January to February. Meanwhile, import prices increased by 6.8% year-on-year, despite a slight decline compared to January (99.5%), according to a report from the Bureau of National Statistics of Kazakhstan.

The structure of exports showed mixed changes: prices for agricultural products, including wheat and flour, decreased, while metallurgy prices increased. In particular, copper, zinc, and ferroalloys increased in price.

Imports showed a decline in energy and food prices, but growth was recorded for fertilizers and metals.

In mutual trade with EAEU countries, Kazakhstan's exports fell by 99% compared to January, while imports remained stable.

Experts note that this trend could increase pressure on the trade balance amid instability in commodity markets.

CentralasianLIGHT.org

April 16, 2026