
In recent years, there has been a deepening of trade and economic cooperation, as evidenced by the growth of mutual trade turnover.
Within the term from January to September of 2021 the bilateral trade volume totaled 28 million 170 thousand USD, from which Kazakh import was 21 million 579,4 thousand USD, while export volume was 6 million 590,6 thousand USD.
Pakistan's exports to Kazakhstan are based on precious stones and jewellery, textiles, chemical and pharmaceutical products, agricultural and food products, leather goods, sports and medical goods.
Pakistani imports from the Republic of Kazakhstan include construction and paint materials, raw materials, foodstuffs, machinery and equipment, fertilizers, coal, ferrous and non-ferrous metals, vegetable oils, etc.
Islamabad shows great interest in promoting its products to the markets of the countries of the Eurasian economic Union (EEU) with the assistance of Kazakhstan.
An important role in realizing the economic potential of the two countries to move to a qualitatively new level of interaction is played by the intergovernmental Kazakhstan-Pakistan joint Commission on trade, economic, scientific, technical and cultural cooperation, the 9th meeting of which was held on February 27-28, 2020 in Islamabad.
Following the meeting of the Commission, a joint Protocol was signed, reflecting the priority areas of cooperation.
The Commission is co-chaired by Deputy foreign Minister Shakhrat Nuryshev of Kazakhstan and Foreign Secretary of Islamic Republic of Pakistan Soheil Mahmood.
During the official visit of Prime Minister N. Sharif to Kazakhstan on August 25-26, 2015, the Pakistani delegation included a group of businessmen: President, Federation of Pakistan Chamber of Commerce and Industry (FPCCI); textile industry: "Group of Companies", "Diamond Textile Mills", "Khaadi", "Al Karam"; pharmaceuticals: "Getz Pharma", "Indus Pharma", "Broox Pharma"; food industry: "Iftikhar & Co", "Union Fruits", "FA International", sporting goods: "Rasco Impex", "Maxima Industries", leather products: "Nova Leather", "Siddiq Leather Works (Pvt) Ltd".
Pakistani delegation took part in the 5th Central Asian trade forum, the largest annual regional event for exporters (October 28-29, 2015, Almaty) and the 18th Central Asian International exhibition "World Food Kazakhstan" (November 4-6, 2015, Almaty).
With the assistance of the PRC in Islamabad, together with the Ministry of foreign Affairs of the Republic of Kazakhstan and the mayor's office of Almaty, a trade caravan of Pakistan (Road Show) was held in the Rixos Almaty hotel from 13 to 15 may 2016.
This event was organized by the trade development Agency of the IRP with the support of the Ministry of Commerce of the IRP to promote Pakistani products in the promising markets of Central Asian countries (Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan).
The official delegation of Pakistan included the heads of a number of relevant ministries and departments of the IRP (the Ministry of Commerce and the IRP trade development Agency, as well as the IRP CCI).
In General, the exhibition sections include products from more than 50 IRP companies, including textiles and leather products, furniture and handmade products, food, agricultural and sporting goods, pharmaceuticals, surgical and dental instruments.
The event included a presentation of Pakistani products. Business negotiations between the heads of leading IRP companies and representatives of the business communities of Kazakhstan were organized, and a fashion show of leading designers of Pakistan was held.
In addition, representatives of more than 300 leading companies in Kazakhstan visited the "Road Show" of manufacturers of IRP products.
With the assistance of the PRC in Islamabad, together with the Ministry of foreign Affairs of the Republic of Kazakhstan and the mayor's office of Almaty, the exhibition "Made in Pakistan" was held in the Atakent exhibition complex in Almaty on November 10-13, 2016.
The event was organized by Agency for development of trade of Pakistan and chamber of Commerce of the city of Haripur, with the support of the U.S. Agency for international development in the framework of execution of instructions of the ROK and the IRP, as well as expansion of economic and trade relations between Kazakhstan and Pakistan.
The exhibition sections include products from more than 35 companies, including textiles and leather products, furniture and handmade products, food, agricultural and sporting goods, pharmaceuticals, surgical and dental instruments.
The Pakistani delegation at this exhibition was represented by the management of the trade development Agency IRP, representatives of the chamber of Commerce and industry of Haripur and business circles of Pakistan.
Certain successes were achieved in the sphere of banking cooperation. After the opening of the representative office of the National Bank of IRP (commercial Bank) - a Subsidiary Bank of the national Bank of Pakistan in Almaty in 2002, in 2009 a branch of this Bank was opened in Karaganda, in 2011-in Kaskelen.
IRP representatives took part in all sessions of the Astana economic forum.
To date, more than 70 enterprises with the participation of Pakistani capital have been registered in Kazakhstan. Enterprises are mainly engaged in wholesale trade of consumer goods, tourism, construction, and advertising.