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According to the State Revenue Committee of the Ministry of Finance of the Republic of Kazakhstan, the trade turnover between Kazakhstan and Japan in 2023 amounted to $ 2.1 billion, of which Kazakhstan's exports to Japan - $ 600 million, Japan's imports to Kazakhstan - $ 1.5 billion. US dollars.
Kazakhstan's main exports to Japan are metals and metal products, mainly ferroalloys (over 50% of total exports), as well as oil, coal, briquettes and similar solid fuels, chemical products and plant-based products.
Japan's main imports are cars, trucks, bulldozers, graders and other special vehicles, medical devices, tyres.
Japan is one of the top 10 largest foreign investors in Kazakhstan with a total investment of more than $7 billion. JAPAN IS AMONG THE TOP 10 LARGEST FOREIGN INVESTORS IN KAZAKHSTAN, WITH A TOTAL INVESTMENT OF US $7.8 BILLION. According to the National Bank of Kazakhstan, gross foreign direct investment from Japan was $294.8 million in 3 quarter of 2023.
As of January 1, 2024, there were 61Japanese companies registered in Kazakhstan in areas such as oil, gas, petrochemicals, metallurgy, finance, mining, wholesale car sales, electrical communications, wholesale equipment trade, logging, logistics, medicine, agriculture and others.
There is a Joint Commission of Government and Private Sectors of Kazakhstan and Japan on Economic Cooperation (JEC).
To intensify business contacts between the two countries, a visa-free regime of up to 30 days has been introduced for Japanese citizens since 2014.