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Tokayev says Kazakhstan-Russia trade nears $28 billion in 2025

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Tokayev says Kazakhstan-Russia trade nears $28 billion in 2025

President Kassym-Jomart Tokayev said bilateral trade between Kazakhstan and Russia approached $28 billion in 2025. He spoke at the XXII Forum of Interregional Cooperation in Omsk. Trade grew almost 10% in the first five months of 2026 compared with the same period last year.

Key Facts

  • Bilateral trade between Kazakhstan and Russia approached $28 billion in 2025, President Kassym-Jomart Tokayev said at the XXII Forum of Interregional Cooperation in Omsk.
  • Trade between the two countries rose almost 10% in the first five months of 2026 compared with the same period of 2025.
  • Russia has invested more than $30 billion in Kazakhstan's economy over the past 20 years, with inflows up 45% in the first quarter of 2026 to $773 million for five months.
  • Kazakhstan's investments in Russia exceeded $9 billion, and the two countries have formed a portfolio of 177 large industrial projects worth over $52 billion.
  • At the forum, Russia and Kazakhstan signed agreements worth $833 million.

Trade Growth

President Kassym-Jomart Tokayev announced the trade figures at the XXII Forum of Interregional Cooperation in Omsk on July 26. He said bilateral trade approached $28 billion in 2025, calling Russia a major trading partner of Kazakhstan. In the first five months of 2026, mutual trade increased by almost 10% compared with the same period last year. The forum concluded with agreements between Russia and Kazakhstan worth $833 million.

Investment Flows

Russia has invested more than $30 billion in Kazakhstan's economy over the past 20 years, according to Tokayev. In the first quarter of 2026, Russian investment inflows rose 45%, reaching $773 million over five months. More than 20,000 enterprises with Russian participation operate in various sectors of Kazakhstan's economy. Kazakhstan's investments in Russia exceeded $9 billion, Tokayev said.

Industrial Projects

The two countries have formed a portfolio of 177 large industrial projects with investments exceeding $52 billion. Of these, 122 projects have already been implemented, creating more than 30,000 jobs. Tokayev highlighted industrial cooperation as a special focus of the economic agenda.

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Tokayev says Kazakhstan-Russia trade nears $28 billion in 2025