Kazakh companies concluded export contracts with Mongolia totaling $62.6 million during a business mission in Ulaanbaatar. The Kazakh delegation is led by First Vice Minister of Trade and Integration of the Republic of Kazakhstan Aizhan Bizhanova.
“We consider Mongolia a promising destination for expanding non-resource exports. The high share of finished goods in supplies and strong business interest confirm that this is no longer a trial market, but an emerging stable trade direction,” Aizhan Bizhanova noted during the business forum in Ulaanbaatar.
According to the results of 2025, Mongolia’s imports from Kazakhstan tripled. More than 90% of Kazakhstan’s supplies consist of non-resource finished goods, including food products and industrial goods. This export structure indicates a gradual transition from a raw materials model to supplies of products with higher added value.
According to the Vice Minister, additional momentum for cooperation may come from the Interim Trade Agreement between the EAEU and Mongolia, covering around 367 product categories. The document предусматривает reducing barriers and expanding market access, creating new conditions for exporters and launching joint projects.
“Work is currently underway for its entry into force, and we expect this to happen in the near future. For our companies, this means more opportunities for exports and launching joint projects,” she added.
A logical continuation of cooperation is the use of Kazakhstan’s transit potential. This opens up opportunities for Mongolia to diversify export routes, reduce delivery times, and expand access to the markets of the EAEU, the Caucasus, Turkey, and the European Union. Thus, Kazakhstan strengthens its position as a key transit hub for accessing international markets.
The trade mission is taking place ahead of the visit of President of Mongolia Ukhnaagiin Khurelsukh to Kazakhstan, which gives additional political weight to the agreements reached.