Agreements worth $101 million were signed at the first trade and economic mission between Kazakhstan and Thailand

Agreements worth $101 million were signed at the first trade and economic mission between Kazakhstan and Thailand

26.05.2026 19:49:09 325

On May 25, 2026, in Bangkok, Kingdom of Thailand, a trade and economic mission of the Republic of Kazakhstan took place, organized as part of the Kazakhstan-Thailand Business Forum. The event was aimed at developing bilateral trade and economic cooperation, expanding the export capabilities of Kazakh enterprises, and establishing direct business contacts with Thai partners.

The trade and economic mission was held within the framework of the visit of a delegation from the Ministry of Trade and Integration of the Republic of Kazakhstan to participate in the Kazakhstan-Thailand Business Forum and the international exhibition THAIFEX – Anuga Asia 2026. The visit program included business meetings, participation in the business forum, B2B negotiations, and a visit to the international exhibition.

The Kazakhstan-Thailand Business Forum was attended by representatives of government agencies, the diplomatic corps, the Board of Trade of Thailand, development institutions, industry organizations, as well as business circles of Kazakhstan and Thailand. Participants discussed prospects for expanding mutual trade, developing industrial and agro-industrial cooperation, e-commerce, transport and logistics interaction, as well as issues of distribution and promotion of Kazakh products in the Thai market.

The Kazakh delegation included representatives of government agencies, development institutions, and 20 domestic companies interested in expanding export supplies, finding new partners, developing trade channels, and implementing joint projects with Thai companies.

Holding the trade and economic mission in Bangkok was an important practical step to activate business interaction between Kazakhstan and Thailand. The event created conditions for direct dialogue between entrepreneurs of the two countries, discussing specific supply opportunities, expanding partnership ties, and promoting Kazakh products into Thai trade channels.

During the forum, it was noted that Thailand is one of Kazakhstan's promising trade and economic partners in the Southeast Asia region. Kazakhstan, in turn, is seen as an important transit and logistics hub between Asia, Central Eurasia, and Europe, possessing significant potential for trade and industrial cooperation development.

Bilateral trade between Kazakhstan and Thailand shows positive dynamics. According to the results of 2025, trade turnover between the countries amounted to 255.1 million US dollars, an increase of 7.9%. Exports from Kazakhstan to Thailand grew 6.3 times, reaching 38.6 million US dollars.

For January–March 2026, trade turnover amounted to 77.9 million US dollars, which is 69.2% higher than the same period last year. Kazakhstan's exports to Thailand increased 22.1 times, amounting to 27.8 million US dollars. These indicators demonstrate significant potential for further expansion of trade and economic cooperation between the two countries.

As part of the trade and economic mission, B2B meetings were held between Kazakh and Thai companies. Participants discussed issues of supplying Kazakh products, establishing long-term business ties, developing distribution channels, and implementing joint business initiatives.

One of the results of the forum was the signing of a Memorandum of Understanding and Cooperation between JSC "Center for Trade Policy Development 'QazTrade'" and the Board of Trade of Thailand. The document is aimed at strengthening institutional cooperation, exchanging business information, facilitating direct contacts between companies of Kazakhstan and Thailand, and developing joint trade and economic initiatives.

Furthermore, following the event, agreements and memoranda were signed between business representatives for a total amount of 101 million US dollars. The reached agreements provide for the development of export supplies, expansion of business cooperation, and strengthening of practical interaction between companies of the two countries.

The Kazakh side presented the export potential of domestic enterprises. The delegation included companies from the food industry and agro-processing, including producers of flour, pasta, groceries, meat, dairy, confectionery, and functional products, as well as enterprises in the fields of beverages, light industry, designer clothing, perfumery and cosmetics, IT and digital solutions, digital infrastructure, petrochemicals, and household chemicals.

JSC "Center for Trade Policy Development 'QazTrade'" continues to implement measures to promote Kazakh non-commodity exports to foreign markets. Trade and economic missions are one of the tools to support domestic exporters and contribute to establishing direct contacts with foreign buyers, distributors, trade networks, and industry partners.

Holding the trade and economic mission in Bangkok created additional prerequisites for expanding practical cooperation between Kazakhstan and Thailand, strengthening business ties, and promoting Kazakh products to the markets of Southeast Asia.

For reference:
THAIFEX – Anuga Asia is one of the major international exhibition platforms in Asia in the field of food products, beverages, HoReCa, food service, retail, and related industries. The participation of the Kazakh delegation in the events in Bangkok is aimed at expanding the presence of domestic products in the markets of Southeast Asia and developing sustainable business ties with foreign partners.

Source : https://www.gov.kz/memleket/entities/mti/press/news/details/1229025?lang=ru