2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
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
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Kazakhstan-Australia Trade: In 2022, Kazakhstan exported $12.4M to Australia. The main products that Kazakhstan exported to Australia were Ferroalloys ($5.6M), Chromium Oxides and Hydroxides ($1.54M), and Sulfates ($1.54M). Over the past 5 years the exports of Kazakhstan to Australia have increased at an annualized rate of 24.7%, from $4.09M in 2017 to $12.4M in 2022.

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

Australia-Kazakhstan Trade: In 2022, Australia exported $45M to Kazakhstan. The main products that Australia exported to Kazakhstan were Stone Processing Machines ($5.77M), Locomotive Parts ($2.13M), and Large Construction Vehicles ($1.91M). Over the past 5 years the exports of Australia to Kazakhstan have increased at an annualized rate of 13.9%,  from $20.6M in 2017 to $45M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $12.4M to Australia. The main products exported from Kazakhstan to Australia were Ferroalloys ($5.6M), Chromium Oxides and Hydroxides ($1.54M), and Sulfates ($1.54M). During the last 5 years the exports of Kazakhstan to Australia have increased at an annualized rate of 24.7%, from $4.09M in 2017 to $12.4M in 2022.

In 2017, Australia exported $45M to Kazakhstan. The main products exported from Australia to Kazakhstan were Stone Processing Machines ($5.77M), Locomotive Parts ($2.13M), and Large Construction Vehicles ($1.91M). During the last 5 years the exports of Australia to Kazakhstan have increased at an annualized rate of 13.9%, from $20.6M in 2022 to $45M in 2017.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Australia (Flag)

Kazakhstan Exports

Australia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Australia
Top Destination
China$123B

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 2022, countries that imported more from Kazakhstan than Australia included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

In 2022, countries that imported more from Australia than Kazakhstan included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

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 2022, Kazakhstan had a large net trade with Australia in the exports of Metals ($5.62M), Chemical Products ($4.07M), and Instruments ($1.41M).

During 2017, Australia had a large net trade with Kazakhstan in the exports of Machines ($18.5M), Transportation ($6.54M), and Instruments ($6.22M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with