2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Spain-Kazakhstan Trade: In 2022, Spain exported $236M to Kazakhstan. The main products that Spain exported to Kazakhstan were Rubber Tires ($35.4M), Non-Knit Women's Suits ($12.9M), and Packaged Medicaments ($10.5M). Over the past 5 years the exports of Spain to Kazakhstan have increased at an annualized rate of 0.84%, from $226M in 2017 to $236M in 2022.

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

Kazakhstan-Spain Trade: In 2022, Kazakhstan exported $2.64B to Spain. The main products that Kazakhstan exported to Spain were Crude Petroleum ($2.22B), Coal Briquettes ($251M), and Ferroalloys ($89.5M). Over the past 5 years the exports of Kazakhstan to Spain have increased at an annualized rate of 9.62%,  from $1.52B in 2017 to $2.64B in 2022.

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

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $236M to Kazakhstan. The main products exported from Spain to Kazakhstan were Rubber Tires ($35.4M), Non-Knit Women's Suits ($12.9M), and Packaged Medicaments ($10.5M). During the last 5 years the exports of Spain to Kazakhstan have increased at an annualized rate of 0.84%, from $226M in 2017 to $236M in 2022.

In 2017, Kazakhstan exported $2.64B to Spain. The main products exported from Kazakhstan to Spain were Crude Petroleum ($2.22B), Coal Briquettes ($251M), and Ferroalloys ($89.5M). During the last 5 years the exports of Kazakhstan to Spain have increased at an annualized rate of 9.62%, from $1.52B in 2022 to $2.64B in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Spain than Kazakhstan included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Kazakhstan than Spain included Russia ($8.78B), China ($13.4B), and Uzbekistan ($3.68B).

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

Comparative Advantage Spain - Kazakhstan

Flow
Scale

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

During 2022, Spain had a large net trade with Kazakhstan in the exports of Textiles ($44.5M), Plastics and Rubbers ($42.6M), and Machines ($36.3M).

During 2017, Kazakhstan had a large net trade with Spain in the exports of Mineral Products ($2.47B), Metals ($153M), and Chemical Products ($17.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Kazakhstan+$22.7MCars
Top Product Potential Kazakhstan Spain+$115MCrude Petroleum

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 Spain and Kazakhstan. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Spain.

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

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