Kazakhstan’s Oil Exports to Egypt Surge by 327% in January-August 2026

Astana:Kazakhstan's crude oil and crude oil products exports to Egypt have seen a significant increase, reaching approximately 1.05 million tonnes between January and August 2026. This marks a 327.34% increase from the 245,944 tonnes exported during the same period in 2025.

According to Trend News Agency, the value of these exports surged by 444.42% year-on-year, rising to $746.74 million compared to $137.16 million in the previous year. In August 2026 alone, Kazakhstan exported 263,865 tonnes of crude oil to Egypt, valued at $205.95 million.

Overall, Kazakhstan's crude oil exports in January-August 2026 totaled 46.96 million tonnes, a decrease of 3.65% from the 48.74 million tonnes recorded in the same period of 2025. However, in value terms, the exports grew by 16.31%, reaching $30.09 billion compared to $25.87 billion a year earlier.

During the same period, Kazakhstan's foreign trade turnover amounted to $102.96 billion, reflecting a 12.8% increase in nominal terms compared to January-August 2025. Exports rose by 19.5% to $60.39 billion, while imports increased by 4.5% to $42.57 billion.

Crude oil and crude oil products constituted 49.8% of Kazakhstan's exports in the first eight months of 2026. Other notable exports included refined copper and unwrought copper alloys (6.4%), radioactive chemical elements and isotopes (5.1%), copper ores and concentrates (4.4%), and ferroalloys (2.2%).

On the import side, passenger cars and other motor vehicles held the largest share at 3.3%, followed by telephone equipment (2.7%), pharmaceutical products (2.5%), petroleum gases and hydrocarbons (2.4%), and electric generating sets and rotary converters (2.2%).

Italy emerged as Kazakhstan's largest export market, 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 the largest import partner, contributing to 31% of imports, followed by China (29.8%), Germany (4.6%), the United States (3.9%), South Korea (2.5%), and Türkiye (2.1%).