Kazakh enterprises present products at China’s exhibition

Kazakh enterprises present products at China’s exhibition

Over 30 Kazakh manufacturers are taking part in the sixth China International Import Expo in the city of Shanghai. The country’s national pavilion showcases successful projects in the spheres of tourism, logistics, innovations and agriculture. It should be noted that Kazakhstan and China signed 21 protocols on the export of Kazakh food and agricultural products for the development of relations in agriculture, which allowed for a significant increase in supplies. At the same time, Kazakhstan can further expand export volumes. The potential for vegetable oils and meals alone amounts to $300 million.

“In general, we are raising exports of oil and fat products to China. In 2022, we supplied over 122,000 tonnes of oil and fat products worth nearly $170 million. This year, its exports will grow by 40 percent or more than 170,000 tonnes,” said Yadykar Ibragimov, the chairman of the National Oilseed Processors Association.

“To date, the confectionery factory produces more than 50,000 tonnes of items a year, about 40 percent of which are sold for export. Starting this year, the export direction includes all CIS countries, Eastern Europe, China, Mongolia and Korea. Thus, we try to attend all events organized by QazTrade and the relevant ministry in terms of export development. We are looking for new markets and countries, expanding the geography of export supplies, and see great potential for Kazakh products abroad,” said Tulpar Mansurov, the sales director of the confectionery factory.

Overall, 133 domestic companies have participated in the Chinese exhibition over the past five years. They concluded profitable export contracts worth more than $260 million. This year, a total of 3,000 companies from 69 countries have presented their goods in Shanghai.