2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
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 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Kazakhstan-Sweden Trade: In 2022, Kazakhstan exported $130M to Sweden. The main products that Kazakhstan exported to Sweden were Ferroalloys ($39.2M), Refined Petroleum ($33.4M), and Computers ($20.5M). Over the past 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 7.54%, from $192M in 2017 to $130M in 2022.

In 2022, Kazakhstan did not export any services to Sweden.

Sweden-Kazakhstan Trade: In 2022, Sweden exported $228M to Kazakhstan. The main products that Sweden exported to Kazakhstan were Tractors ($25.2M), Excavation Machinery ($17M), and Broadcasting Equipment ($16.8M). Over the past 5 years the exports of Sweden to Kazakhstan have increased at an annualized rate of 9.7%,  from $144M in 2017 to $228M in 2022.

In 2022, Sweden did not export any services to Kazakhstan.

Comparison: In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $130M to Sweden. The main products exported from Kazakhstan to Sweden were Ferroalloys ($39.2M), Refined Petroleum ($33.4M), and Computers ($20.5M). During the last 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 7.54%, from $192M in 2017 to $130M in 2022.

In 2017, Sweden exported $228M to Kazakhstan. The main products exported from Sweden to Kazakhstan were Tractors ($25.2M), Excavation Machinery ($17M), and Broadcasting Equipment ($16.8M). During the last 5 years the exports of Sweden to Kazakhstan have increased at an annualized rate of 9.7%, from $144M in 2022 to $228M in 2017.

Exports from Kazakhstan (Flag) to Sweden (Flag) (2022)

Exports from Sweden (Flag) to Kazakhstan (Flag) (2022)

Latest Data

Trade between Kazakhstan (Flag) and Sweden (Flag)

Kazakhstan Exports

Sweden Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Sweden
Top Destination
Germany$19.2B

This map shows whether countries import more from Kazakhstan or Sweden. Each country is colored based on the difference in imports they receive from Kazakhstan and Sweden or the difference in the growth in imports.

In 2022, countries that imported more from Kazakhstan than Sweden included Russia ($8.78B), Italy ($12.4B), and China ($13.4B).

In 2022, countries that imported more from Sweden than Kazakhstan included Norway ($18.7B), Germany ($19.2B), and United States ($17.8B).

Difference in imports from Sweden (Flag) and Kazakhstan (Flag) (2022)

Comparative Advantage Kazakhstan - Sweden

Flow
Scale

This chart compares trade between Kazakhstan and Sweden by product, considering products traded by both, Kazakhstan and Sweden.

During 2022, Kazakhstan had a large net trade with Sweden in the exports of Metals ($49.6M), Mineral Products ($48.5M), and Machines ($20.6M).

During 2017, Sweden had a large net trade with Kazakhstan in the exports of Machines ($107M), Transportation ($37.5M), and Chemical Products ($27.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Sweden+$25.3MRefined Petroleum
Top Product Potential Sweden Kazakhstan+$13.8MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Kazakhstan and Sweden. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Sweden. Similarly, a dot/product with the flag of Sweden indicates it has a comparative advantage over Kazakhstan.

Product Space of Kazakhstan (Flag) and Sweden (Flag) (2022)

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