Eurasian Star Blog Business & Economy Kazakhstan and Turkey increase trade in agricultural products
Business & Economy KZ

Kazakhstan and Turkey increase trade in agricultural products

A number of documents were signed for Turkish investments in Kazakhstan’s agro-industrial sector and trade in agricultural products for a total of $2 billion during a visit of Kazakh Minister of Agriculture Aidarbek Saparov to Turkey on August 12.

With the participation of Turkish investors, six projects have already been implemented in Kazakhstan, and 10 more projects will be implemented in the near future for a total of $553 million, including the construction of greenhouse complexes, plants for deep processing of wheat and beans, and vegetable storage facilities.

Armada Gıda, one of the leading Turkish companies specializing in the production and export of agricultural products, will increase the import of lentils from Kazakhstan, and Tiryaki Holding will import 250 thousand tons of Kazakh wheat.

According to Minister Saparov, in 2023, the volume of Kazakh-Turkish trade in agricultural products increased by 13%. Kazakhstan traditionally exports crop products to Turkey, but in June 2024 Turkey lifted restrictions on the import of Kazakh livestock products.

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