Germany and Kazakhstan Strengthen Economic Ties Through Strategic Trade Partnerships
Trade between Germany and Kazakhstan has grown steadily in recent years, reaching €5.14 billion in 2018. The relationship is supported by organisations like the Berlin Eurasian Club (BEK), which works to deepen economic ties between the two nations. Founded in 2012, the club has played a key role in fostering cooperation since its creation during a high-profile state visit.
The Berlin Eurasian Club was established in 2012 when then-Kazakh President Nursultan Nazarbayev visited Germany. During the trip, officials also signed the German-Kazakh Raw Materials Agreement, laying the groundwork for stronger trade links. The club’s activities expanded further in 2016 when the Eastern Committee of the German Economy (OAOEV) became a formal cooperation partner.
The BEK holds meetings three times a year, rotating between Nur-Sultan, Brussels, and Berlin. Its mission focuses on boosting economic collaboration, particularly in sectors where Germany exports machinery, electronics, and vehicles to Kazakhstan. In 2018 alone, German exports to the country totalled €1.41 billion, while imports—largely raw materials—reached €3.73 billion. Kazakhstan remains Germany’s fourth-largest oil supplier, reinforcing its importance in Central Asian trade. The region’s young and expanding population also offers German businesses new opportunities for investment and growth. With Germany serving as Central Asia’s top EU trading partner, bilateral trade continues to strengthen year on year.
Bilateral trade between Germany and Kazakhstan rose by 5.9% in 2018, reflecting the success of initiatives like the Berlin Eurasian Club. The partnership benefits both economies, with Kazakhstan supplying key raw materials and Germany providing advanced industrial goods. As trade volumes grow, the relationship is expected to remain a cornerstone of economic exchange between Europe and Central Asia.
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