Меню
The trade turnover between Kazakhstan and Greece in 2022 amounted to $ 1.6 billion, including Kazakhstan’s exports – $ 1.6 billion, imports from Greece - $ 22.8 million.
For reference: The trade turnover between Kazakhstan and Greece in 2021 was fixed at $ 1.3 billion, including Kazakhstan’s exports – $ 1.3 billion, imports from Greece – $ 25 million. In 2020, this indicator amounted to $ 1.4 billion, including Kazakhstan’s exports – $ 1.4 billion, imports – $ 20 million. In 2019, the trade turnover amounted to $ 1.3 billion, including Kazakhstan’s exports – $ 1.3 billion, imports – $ 20 million. In 2018, the trade turnover amounted to $ 1.2 billion, including Kazakhstan’s exports – $ 1.1 billion, imports – $ 19.3 million.
According to the National Bank of Kazakhstan, in 2022, the gross inflow of direct investments from Greece to Kazakhstan amounted to $ 7.7 million. The gross outflow of direct investments from the Republic of Kazakhstan to the Hellenic Republic in 2022 amounted to $ 3.4 million.
The main articles of Kazakhstan’s exports are crude oil, raw aluminum, petroleum products, wheat, coal, aluminum bar rods and profiles, electrical machines and special-purpose equipment, devices for automatic regulation and control.
The main articles of Kazakhstan’s imports: medicines, jams, jellies, marmalades, fruit and nut purees with sugar, special-purpose machines and mechanical devices, aluminum foil, tableware, household items made of plastics, items and accessories of fur clothing, other fur products, other vegetables, cooked or canned without vinegar, unfrozen.
As of January 1, 2023, there are about 47 legal entities, branches and representative offices with Greek participation operating in the Republic of Kazakhstan, mainly specializing in the field of mining, wholesale and retail trade, manufacturing, service provision and construction.
An important mechanism of bilateral cooperation is the Intergovernmental Commission on Economic and Technological Cooperation. To date, 5 IGC meetings have been held (the last one in Astana on October 19, 2022). Co–Chairs: from the Kazakh side – Vice-Minister of Culture and Sport of the Republic of Kazakhstan Ye. Yerkinbayev, from Greek side – Deputy Minister of Foreign Affairs of the Hellenic Republic K. Fragoyannis.
On June 20, 2022, the Kazakh-Greek Business Council opened in Greece. The Kazakh side is co–chaired by well-known economist Zhaksybek Kulekeyev, and the Greek side is co-chaired by entrepreneur Thomas Lamnidis.