KAZAKHSTAN: GWP of the export insurance company KazakhExport in 2018 went up by more than 40% y-o-y
For 11 months in 2018 the trade turnover of Kazakhstan amounted to USD 84.3 billion, at that the share of export in trade amounted to 64.8%. In January-November 2018 export volume reached USD 54.7 billion (+27% y-o-y).
The export insurance company KazakhExport provides assistance to exporters in the form of export credit insurance, export trade financing, pre-export financing and others. In 2018 the total volume of accepted insurance obligations of KazakhExport for supporting domestic exporters amounted to KZT 90 billion (KZT 40 billion more y-o-y).
*EUR 1 = KZT 439.37 (as of 31.12.2018)