Kazakhstan, Saudi Arabia Trade Grows In Jan-Apr 2026
The announcement was made during a meeting between Kazakhstan's Prime Minister Olzhas Bektenov and Saudi Arabia's Minister of Industry and Mineral Resources Bandar Al-Khorayef, who arrived in Astana to participate in the Astana Mining & Metallurgy 2026 congress.
It was noted that in 2025, mutual trade between the two countries increased by 17%, reaching $11.7 million. Saudi Arabia remains one of Kazakhstan's key trade and economic partners in the Middle East. Over the past 20 years, Saudi Arabia's total foreign direct investment in Kazakhstan amounted to $115.3 million.
The sides emphasized that the agreements signed in February this year - the establishment of the Kazakhstan–Saudi Coordination Council and the Agreement on mutual promotion and protection of investments - create additional opportunities for new joint initiatives.
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