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Georgia–Kazakhstan economic ties weaken as trade and FDI decline ahead of Kobakhidze visit

ირაკლი კობახიძე
Natiko Taktakishvili
29.06.26 18:00
194

Georgia’s trade and investment relations with Kazakhstan have shown a downward trend in 2026, according to official data reviewed ahead of Prime Minister Irakli Kobakhidze’s visit to Astana.

Trade turnover in January–May fell by 30.8% to $252.6 million, driven mainly by a sharp drop in automobile re-exports, while exports overall declined by 34%. Despite the contraction, Kazakhstan remains an important trade partner, with Georgia still exporting cars, beverages, and food products.

Foreign direct investment from Kazakhstan has also weakened significantly, falling to just $473,700 in Q1 2026, down 91.2% year-on-year, following a broader decline in recent years after a peak in 2022–2023. Remittances and tourism flows have also shown mixed dynamics, with visitor numbers placing Kazakhstan among Georgia’s top source markets.

Kobakhidze is expected to meet President Kassym-Jomart Tokayev in Astana, where both sides will discuss cooperation and sign sectoral agreements, as Georgia seeks to stabilize and diversify its economic ties with Kazakhstan.

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