Since Kazakhstan gained independence in
1992, bilateral relations between Kazakhstan
and Turkey have developed in many spheres.
The warm relations have brought many
business opportunities for both countries. Over
23 years, the amount of exports from Turkey to
Kazakhstan have multiplied by 39 times while
imports from Kazakhstan have increased by
110 times. As for Kazakhstan’s investment
sector, Turkey is the fourth largest investor
country in non-energy sectors, and 17th in
terms of capitalization. Moreover, in terms of
compatibility regarding the trade structure, it
would be beneficial for Kazakhstan to increase
its trade volume as shown with the results of
the trade complementarity index. This research
looks at the bilateral trade relations between
Kazakhstan and Turkey on the 25th year
anniversary of Kazakhstan’s independence
in order to analyze the bilateral economic
relations in different perspectives such as
changes in trade amount, trade structure and
trade complementarity.