Kazakhstan and Russia are increasing their trade
turnover, aiming to bring it to $30 billion. Last year, bilateral trade reached
$27.5 billion. A significant share of Kazakhstan’s exports to Russia consists
of raw materials, including uranium, steel, aluminum oxides, iron ore, and
gold. Positive growth is also being observed in supplies of finished products,
including mineral fertilizers, cement, and food products. Russian producers
supply Kazakhstan with natural gas, petroleum products, and electricity, as
well as a wide range of consumer goods. Notably, over the past 20 years, the
volume of Russian investment in Kazakhstan’s economy has exceeded $29 billion,
while Kazakhstan’s investments in Russia total $9 billion.
«The Russian Federation remains one of Kazakhstan’s key trading partners. In the first quarter of 2026, bilateral trade between the two countries reached $6.5 billion, marking a 16% increase compared to the same period last year,» noted Sayan Sungatov, Senior Expert at the QazTrade Center for Trade Policy Development.
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