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The Ministry of Trade and Integration of Kazakhstan has addressed the new U.S. customs duties on select goods, clarifying that the majority of its exports remain unaffected. A preliminary analysis revealed that 92% of Kazakhstan’s U.S.-bound shipments, including crude oil, uranium, silver, and ferroalloys, are exempt under U.S. administrative regulations.

However, additional tariffs will apply to some goods, impacting 95.2 million worth of exports in 2024. Affected items include phosphorus 15.9M), ferrosilicon (12.7M), lenses(4.1M), wheat gluten (4M),and ammonium nitrate (—representing just 4.8% of total exports to the U.S.

The Kazakh government has announced consultations with U.S. officials to negotiate further exemptions, emphasizing its WTO membership and adherence to fair trade principles.

Bilateral trade between Kazakhstan and the U.S. reached 4.2 billion in 2024,with Kazakh exports surging 30.6 billion. The move follows a recent U.S. decision to impose 27% tariffs on Kazakhstan, the highest among Central Asian nations.

Source and Credit: en.trend.az

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