Astana:Kazakhstan's exports of crude oil and crude oil products to Germany experienced a significant decline in the first eight months of 2026. The country exported 1.12 million tonnes during this period, marking a 12.26% decrease compared to the same timeframe in 2025.

According to Trend News Agency, this drop comes despite an increase in value terms, where exports to Germany rose by 7.87% year-on-year, totaling $719.3 million, up from $666.85 million. Overall, Kazakhstan's crude oil exports, including products derived from bituminous minerals, amounted to 46.96 million tonnes from January to August 2026, a reduction of 3.65% compared to 48.74 million tonnes in 2025.

In monetary terms, the value of these exports increased by 16.31%, reaching $30.09 billion, up from $25.87 billion the previous year. Kazakhstan's foreign trade turnover also saw growth, totaling $102.96 billion, an increase of 12.8% in nominal terms over the same period in 2025. Exports rose by 19.5% to $60.39 billion, while imports increased by 4.5% to $42.57 billion.

Crude oil and related products accounted for 49.8% of the country's exports, with other significant commodities including 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 other gaseous hydrocarbons (2.4%), and electric generating sets and rotary converters (2.2%).

Italy remained Kazakhstan's largest export destination, accounting for 18% of exports, with China, Russia, Türkiye, France, and the Netherlands also being significant partners. Russia was the largest import partner, representing 31% of imports, followed by China, Germany, the United States, South Korea, and Türkiye.