BAKU, Azerbaijan, June 24. Kazakhstan has
offered Turkmenistan 178 non-resource export product categories
with a total export potential exceeding $200 million, the Kazakh
Ministry of Trade and Integration reports
The initiative was announced during the Kazakhstan–Turkmenistan
Business Forum held in Astana as part of the 14th meeting of the
Intergovernmental Kazakhstan–Turkmenistan Commission.
“The greatest opportunities for increasing supplies are linked
to metallurgy, mechanical engineering, food production, chemical
and petrochemical industries, transport manufacturing,
pharmaceuticals and construction materials,” First Vice Minister of
Trade and Integration Aizhan Bizhanova said.
According to participants, Kazakhstan and Turkmenistan continue
to demonstrate steady growth in trade relations. Over the past five
years, bilateral trade has more than doubled and exceeded $530
million. Kazakhstan’s exports to Turkmenistan increased by nearly
50% to reach $316.3 million, while imports of Turkmen goods to
Kazakhstan rose fivefold to $215.8 million.
Positive momentum continued this year. In January–April 2026,
trade turnover between the two countries amounted to $180 million,
up 7% year-on-year. Kazakhstan’s exports to Turkmenistan grew by
18.9 percent to $114.8 million.
The forum also focused on practical measures to strengthen
business ties, including the establishment of reciprocal trade
houses, expansion of digital trade, coordination of a roadmap to
increase trade turnover and the introduction of trade financing
mechanisms.
Participants highlighted opportunities in agriculture, textiles,
energy, transport and logistics, with particular emphasis placed on
the Trans-Caspian International Transport Route (TITR), where
Kazakhstan and Turkmenistan play a strategic role in connecting
Asian and European markets.
Several bilateral agreements were signed following the forum,
including a cooperation memorandum between QazTrade and the Union
of Industrialists and Entrepreneurs of Turkmenistan, as well as
agreements covering e-commerce and investment-construction
cooperation.
According to QazTrade, the forum brought together more than 100
companies from Kazakhstan and over 40 business representatives from
Turkmenistan, with a strong focus on direct business-to-business
partnerships and industrial cooperation.
