The export of goods between Armenia and Kazakhstan has grown 16 times reaching $5 million, said KAZNEX INVEST national agency on exports and investments summing up the first trade mission of Kazakhstan to Armenia.

As a result of the trip, contracts for the supply of Kazakh plywood, medical devices, pharmaceuticals, paints, ammonium nitrate and insulation products worth $5 million were signed , Kapital.kz reported.

Deputy Chairman of KAZNEX INVEST Meyrzhan Maykenov said it was the first visit of Kazakh business to Armenia taking into account new opportunities after Armenia's joining Eurasian Union.