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Kazakhstan

The original report was published in the USA Today on Thursday, September 22, 2011

Finance | Eastern Europe and the CIS | Kazakhstan
Grand new buildings in Astana, capital of Kazakhstan since 1997, reflect the republic’s dynamic economic growth since gaining its indep
Kazakhstan, Central Asia’s leading market
Regionally, Kazakhstan holds several firsts in various aspects. Regionally, Kazakhstan holds several firsts in various aspects. It is the largest former Soviet republic in size; it is the first to assume the chairmanship of the Organization for Security and Cooperation in Europe (OSCE); and it is home to the most sophisticated financial market in Central Asia and the entire post-Soviet region.
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Industry and Trade | Eastern Europe and the CIS | Kazakhstan
ArcelorMittal is targeting sales of 6 million tons of steel by 2015
A wealth of natural resources on tap
There are numerous factors behind Kazakhstan’s remarkable transformation over the past 20 years since independence, and the country’s natural resource wealth is undoubtedly one of them. Although the government aims to diversify away from extractive industries, companies in this field – such as ArcelorMittal – will remain key economic drivers for years to come
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Finance | Eastern Europe and the CIS | Kazakhstan
Two decades of successful growth
There can be no doubt that Kazakhstan has carved out its place in the region both economically and politically
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United World

LOCATION:
Central Asia, northwest of China; a small portion west of the Ural (Zhayyq) River in eastern-most Europe

AREA:
Total: 2,724,900 sq km
Country comparison to the world: 9
Land: 2,699,700 sq km
Water: 25,200 sq km

AREA - comparative:
Slightly less than four times the size of Texas

POPULATION:
15,522,373 (July 2011 est.)
Country comparison to the world: 64

CLIMATE:
Continental, cold winters and hot summers, arid and semiarid

CAPITAL:
Name: Astana

GDP - composition by sector:
Agriculture: 5.4%
Industry: 42.8%
Services: 51.8% (2010 est.)

AGRICULTURE - products:
Grain (mostly spring wheat), cotton; livestock

INDUSTRIES:
oil, coal, iron ore, manganese, chromite, lead, zinc, copper, titanium, bauxite, gold, silver, phosphates, sulfur, uranium, iron and steel; tractors and other agricultural machinery, electric motors, construction materials

EXPORTS:
$60.84 billion (2010 est.)
Country comparison to the world: 48
$43.93 billion (2009 est.)

EXPORTS - commodities:
oil and oil products 59%, ferrous metals 19%, chemicals 5%, machinery 3%, grain, wool, meat, coal

EXPORTS - partners:
China 15.6%, Russia 8.9%, France 8.5%, Germany 7.8%, Ukraine 5.1%, Romania 4.8%, Italy 4.7%, US 4% (2009)