2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC 
$12,919CURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Kazakhstan-Australia Trade: In 2023, Kazakhstan exported $11.8M to Australia. The main products that Kazakhstan exported to Australia were Ferroalloys ($4.78M), Chromium Oxides and Hydroxides ($1.68M), and Oscilloscopes ($956k). Over the past 5 years the exports of Kazakhstan to Australia have increased at an annualized rate of 13%, from $6.41M in 2018 to $11.8M in 2023.

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

Australia-Kazakhstan Trade: In 2023, Australia exported $94.7M to Kazakhstan. The main products that Australia exported to Kazakhstan were Zinc Ore ($23.6M), Stone Processing Machines ($5.64M), and Valves ($4.09M). Over the past 5 years the exports of Australia to Kazakhstan have increased at an annualized rate of 24.1%,  from $32.2M in 2018 to $94.7M in 2023.

In 2023, Australia 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, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kazakhstan exported $11.8M to Australia. The main products exported from Kazakhstan to Australia were Ferroalloys ($4.78M), Chromium Oxides and Hydroxides ($1.68M), and Oscilloscopes ($956k). During the last 5 years the exports of Kazakhstan to Australia have increased at an annualized rate of 13%, from $6.41M in 2018 to $11.8M in 2023.

In 2018, Australia exported $94.7M to Kazakhstan. The main products exported from Australia to Kazakhstan were Zinc Ore ($23.6M), Stone Processing Machines ($5.64M), and Valves ($4.09M). During the last 5 years the exports of Australia to Kazakhstan have increased at an annualized rate of 24.1%, from $32.2M in 2023 to $94.7M in 2018.

Exports from Kazakhstan (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Kazakhstan (Flag) (2023)

Latest Data

Trade between Kazakhstan (Flag) and Australia (Flag)

Kazakhstan Exports

Australia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from Kazakhstan than Australia included United Kingdom ($14.3B), Russia ($9.78B), and Turkey ($5.42B).

In 2023, countries that imported more from Australia than Kazakhstan included China ($137B), Japan ($59B), and India ($19.9B).

Difference in imports from Australia (Flag) and Kazakhstan (Flag) (2023)

Comparative Advantage Kazakhstan - Australia

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Australia in the exports of Metals ($4.98M), Chemical Products ($2.75M), and Transportation ($2.18M).

During 2018, Australia had a large net trade with Kazakhstan in the exports of Machines ($27.7M), Mineral Products ($25.2M), and Metals ($12.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Australia+$3.42MFerroalloys
Top Product Potential Australia Kazakhstan+$2.31MMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Kazakhstan (Flag) and Australia (Flag) (2023)

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