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Kazakhstan

EDC Position-open all programs

EDC's Position

  • Targeted approach to business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Kazakhstan
Map of Kazakhstan

Country Facts

Nominal GDP212.80 Billion USD
Population17.42 Million
Total Trade/GDP63.96%
CurrencyKazakhstan Tenge (KZT)
Merchandise Imports from Canada128.32 Million CAD
Canadian direct investment3,158 Million CAD
Main importsMachinery & Equipment, Mineral Products, Chemicals, Metals

EDC in Kazakhstan

Canadian companies assisted23
International buyers insured47
Business volume34.45 Million CAD

Business Environment

Kazakhstan, has significant natural resources, fossil fuels as well as other minerals and metals, such as uranium, copper, and zinc. It also has a large agricultural sector. Although the extractive sector continues to be the main sector behind Kazakhstan's growth, the country is pursuing a growth diversification strategy, aimed at developing sectors like transportation, infrastructure and telecommunications. A new five-year fiscal stimulus plan announced by the government will include the modernization of physical infrastructure and assistance to the banking sector, which has yet to fully recover from its 2009 crisis.

Key Industries

  • Agriculture
  • Construction & Infrastructure
  • Oil & Gas
  • Mining & Metals
  • Telecom
  • Transportation Services

How we can support your business

Through our representations in Moscow, Russia, we provide regional support to Canadian companies planning on or currently doing business in Kazakhstan. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are well positioned to help Canadian companies finance and manage credit risk associated with sales to buyers, and to support Canadian investment in the country.
  • Learn more about our service offering.
 

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