Kazakhstan (KAZ) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Kazakhstan-Spain Trade: In 2023, Kazakhstan exported $1.95B to Spain. The main products that Kazakhstan exported to Spain were Crude Petroleum ($1.7B), Refined Petroleum ($110M), and Ferroalloys ($60.7M). Over the past 5 years the exports of Kazakhstan to Spain have decreased at an annualized rate of 3.46%, from $2.32B in 2018 to $1.95B in 2023.

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

Spain-Kazakhstan Trade: In 2023, Spain exported $515M to Kazakhstan. The main products that Spain exported to Kazakhstan were Planes, Helicopters, and/or Spacecraft ($99.9M), Stone Processing Machines ($96.3M), and Packaged Medicaments ($43.8M). Over the past 5 years the exports of Spain to Kazakhstan have increased at an annualized rate of 23%, from $183M in 2018 to $515M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $1.95B to Spain. The main products exported from Kazakhstan to Spain were Crude Petroleum ($1.7B), Refined Petroleum ($110M), and Ferroalloys ($60.7M). During the last 5 years the exports of Kazakhstan to Spain have decreased at an annualized rate of 3.46%, from $2.32B in 2018 to $1.95B in 2023.

In 2018, Spain exported $515M to Kazakhstan. The main products exported from Spain to Kazakhstan were Planes, Helicopters, and/or Spacecraft ($99.9M), Stone Processing Machines ($96.3M), and Packaged Medicaments ($43.8M). During the last 5 years the exports of Spain to Kazakhstan have increased at an annualized rate of 23%, from $183M in 2023 to $515M in 2018.

Exports from Kazakhstan () to Spain () (2023)

Exports from Spain () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Spain ()

Kazakhstan Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Kazakhstan than Spain included Russia ($9.78B), China ($15.2B), and Uzbekistan ($3.04B).

In 2023, countries that imported more from Spain than Kazakhstan included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

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

Comparative Advantage Kazakhstan - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Spain in the exports of Mineral Products ($1.86B), Metals ($64.5M), and Chemical Products ($16.1M).

During 2018, Spain had a large net trade with Kazakhstan in the exports of Machines ($180M), Transportation ($124M), and Chemical Products ($78.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Spain+$115MCrude Petroleum

Top Product Potential Spain Kazakhstan+$22.7MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Spain () (2023)

Exports from Spain () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Spain ()

Kazakhstan Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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