Kazakhstan (KAZ) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Kazakhstan-Armenia Trade: In 2023, Kazakhstan exported $33.2M to Armenia. The main products that Kazakhstan exported to Armenia were Rolled Tobacco ($21M), Coated Flat-Rolled Iron ($2.23M), and Electric Batteries ($1.13M). Over the past 5 years the exports of Kazakhstan to Armenia have increased at an annualized rate of 42.9%, from $5.57M in 2018 to $33.2M in 2023.

In 2023, Kazakhstan did not export any services to Armenia.

Armenia-Kazakhstan Trade: In 2023, Armenia exported $72.9M to Kazakhstan. The main products that Armenia exported to Kazakhstan were Cars ($42.4M), Hard Liquor ($4.52M), and Jewellery ($2.74M). Over the past 5 years the exports of Armenia to Kazakhstan have increased at an annualized rate of 47%, from $10.6M in 2018 to $72.9M in 2023.

In 2023, Armenia did not export any services to Kazakhstan.

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $33.2M to Armenia. The main products exported from Kazakhstan to Armenia were Rolled Tobacco ($21M), Coated Flat-Rolled Iron ($2.23M), and Electric Batteries ($1.13M). During the last 5 years the exports of Kazakhstan to Armenia have increased at an annualized rate of 42.9%, from $5.57M in 2018 to $33.2M in 2023.

In 2018, Armenia exported $72.9M to Kazakhstan. The main products exported from Armenia to Kazakhstan were Cars ($42.4M), Hard Liquor ($4.52M), and Jewellery ($2.74M). During the last 5 years the exports of Armenia to Kazakhstan have increased at an annualized rate of 47%, from $10.6M in 2023 to $72.9M in 2018.

Exports from Kazakhstan () to Armenia () (2023)

Exports from Armenia () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Armenia ()

Kazakhstan Exports

Date

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Kazakhstan than Armenia included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

In 2023, countries that imported more from Armenia than Kazakhstan included United Arab Emirates ($2.25B), Hong Kong ($669M), and Iraq ($181M).

Difference in imports from Armenia () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Armenia in the exports of Foodstuffs ($21.3M), Machines ($3.73M), and Metals ($3.36M).

During 2018, Armenia had a large net trade with Kazakhstan in the exports of Transportation ($45.5M), Foodstuffs ($8.03M), and Machines ($6.75M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Armenia+$234kHot-Rolled Iron

Top Product Potential Armenia Kazakhstan+$3.74MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Armenia () (2023)

Exports from Armenia () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Armenia ()

Kazakhstan Exports

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Armenia () (2023)

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