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Economy of Kazakhstan


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sq mi) of arable land and 611,000 square kilometers (236,000 sq mi) of pasture and hay land.

Chief livestock products are dairy products, leather, meat, and wool. The country's major crops include wheat, barley, cotton, and rice. Wheat exports, a major source of hard currency, rank among the leading commodities in Kazakhstan's export trade. In 2003 Kazakhstan harvested 17.6 million tons of grain in gross, 2.8% higher compared to 2002. Kazakh agriculture still has many environmental problems from mismanagement during its years in the Soviet Union. Some Kazakh wine is produced in the mountains to the east of Almaty.

Kazakhstan is thought to be one of the places that the apple originated, particularly the wild ancestor of Malus domestica, Malus sieversii. It has no common name in English, but is known in Kazakhstan, where it is native, as 'alma'. In fact, the region where it is thought to originate is called Almaty, or 'rich with apple'. This tree is still found wild in the mountains of Central Asia in southern Kazakhstan, Kyrgyzstan, Tajikistan, and Xinjiang, China.

Natural resources

Kazakhstan has an abundant supply of accessible mineral and fossil fuel resources. Development of petroleum, natural gas, and mineral extraction has attracted most of the over $40 billion in foreign investment in Kazakhstan since 1993 and accounts for some 57% of the nation's industrial output (or approximately 13% of gross domestic product). According to some estimates, Kazakhstan has the second largest uranium, chromium, lead, and zinc reserves, the third largest manganese reserves, the fifth largest copper reserves, and ranks in the top ten for coal, iron, and gold. It is also an exporter of diamonds. Perhaps most significant for economic development, Kazakhstan also currently has the 11th largest proven reserves of both petroleum and natural gas.

In total, there are 160 deposits with over 2.7 billion tons of
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