BAKU, Azerbaijan, October 29. Kazakhstan’s
ferroalloy exports to South Korea fell by 54% year-on-year in
volume terms in January-August 2026, totaling 22,518 tonnes
compared with 48,906 tonnes in the same period of 2025, according
to Trend’s
calculations based on data from the Bureau of National Statistics
of Kazakhstan.


In value terms, exports to South Korea decreased by 51.5%
year-on-year to $31.32 million from $64.60 million in the first
eight months of 2025.


In August 2026, Kazakhstan shipped 758 tonnes of ferroalloys to
South Korea, worth $1.18 million.


Overall, Kazakhstan exported 1.05 million tonnes of ferroalloys
in January-August 2026, down 16.8% from 1.26 million tonnes in the
same period of 2025. In value terms, total ferroalloy exports
decreased by 6.16% year-on-year to $1.36 billion from $1.45
billion.


China remained the largest destination for Kazakh ferroalloys,
importing 631,220 tonnes worth $704.5 million in the first eight
months of 2026. Japan ranked second, with imports of 127,485 tonnes
valued at $213.2 million.


Other major destinations by export value included the United
States, which received 72,179 tonnes worth $135.7 million; Germany,
with 28,042 tonnes worth $53.5 million; Russia, with 37,759 tonnes
worth $47.7 million; Italy, with 20,716 tonnes worth $33.5 million;
and South Korea, with 22,518 tonnes worth $31.3 million. Indonesia,
Spain, the Netherlands and the Czech Republic were also among the
main buyers.


In August 2026, Kazakhstan exported 102,127 tonnes of
ferroalloys worth $145.49 million in total.







Meanwhile, Kazakhstan’s foreign trade turnover reached $102.96
billion in January-August 2026, up 12.8% in nominal terms compared
with the same period of 2025.


Exports totaled $60.39 billion, an increase of 19.5% in nominal
terms, while imports reached $42.57 billion, up 4.5%.


Crude oil and crude oil products obtained from bituminous
minerals accounted for 49.8% of Kazakhstan’s exports in
January-August 2026. Other major export commodities included
refined copper and unwrought copper alloys (6.4%), radioactive
chemical elements and radioactive isotopes (5.1%), copper ores and
concentrates (4.4%), and ferroalloys (2.2%).


Passenger cars and other motor vehicles accounted for the
largest share of imports, at 3.3%. Other major imported commodities
included 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 was Kazakhstan’s largest export destination, accounting
for 18% of total exports. China ranked second at 17.6%, followed by
Russia (8.5%), Türkiye (7.9%), France (6.1%) and the Netherlands
(5.9%).


Russia was Kazakhstan’s largest import partner, accounting for
31% of total imports. China ranked second at 29.8%, followed by
Germany (4.6%), the United States (3.9%), South Korea (2.5%) and
Türkiye (2.1%).