Evaluating the market in Kazakhstan

We can help you get a better understanding of market activity, relationships and support to grow your business.
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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Kazakhstan

Kazakhstan has significant natural resources, fossil fuels and other minerals and metals. As such, the oil price collapse and the COVID-19 pandemic have negatively impacted its economy. But as oil rebounds and the virus diminishes, economic growth is expected to rebound. Although the extractive sector remains key to Kazakhstan’s development, the country is pursuing a growth diversification strategy, aimed at developing sectors, like transportation and infrastructure. The government’s ambitious privatization program and the country’s integration into China’s Belt and Road Initiative (BRI), a trade route to connect Asia with Africa and Europe, will bolster foreign direct investment and support diversification of the economy.
  • Agriculture
  • Construction & Infrastructure
  • Oil & Gas
  • Mining & Metals
  • Telecom
  • Transportation Services

Interested in growing your business in this market?

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