Kazakhstan (KAZ) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Kazakhstan-Greece Trade: In 2023, Kazakhstan exported $3.56B to Greece. The main products that Kazakhstan exported to Greece were Crude Petroleum ($3.07B), Refined Petroleum ($364M), and Raw Aluminium ($98.1M). Over the past 5 years the exports of Kazakhstan to Greece have increased at an annualized rate of 13.8%, from $1.87B in 2018 to $3.56B in 2023.

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

Greece-Kazakhstan Trade: In 2023, Greece exported $44.8M to Kazakhstan. The main products that Greece exported to Kazakhstan were Packaged Medicaments ($10.5M), Stone Processing Machines ($6.43M), and Jams ($3.93M). Over the past 5 years the exports of Greece to Kazakhstan have increased at an annualized rate of 18.1%, from $19.5M in 2018 to $44.8M in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $3.56B to Greece. The main products exported from Kazakhstan to Greece were Crude Petroleum ($3.07B), Refined Petroleum ($364M), and Raw Aluminium ($98.1M). During the last 5 years the exports of Kazakhstan to Greece have increased at an annualized rate of 13.8%, from $1.87B in 2018 to $3.56B in 2023.

In 2018, Greece exported $44.8M to Kazakhstan. The main products exported from Greece to Kazakhstan were Packaged Medicaments ($10.5M), Stone Processing Machines ($6.43M), and Jams ($3.93M). During the last 5 years the exports of Greece to Kazakhstan have increased at an annualized rate of 18.1%, from $19.5M in 2023 to $44.8M in 2018.

Exports from Kazakhstan () to Greece () (2023)

Exports from Greece () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Greece ()

Kazakhstan Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Kazakhstan included Cyprus ($3.03B), Bulgaria ($2.38B), and Lebanon ($1.78B).

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

Comparative Advantage Kazakhstan - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Greece in the exports of Mineral Products ($3.43B), Metals ($112M), and Vegetable Products ($10.5M).

During 2018, Greece had a large net trade with Kazakhstan in the exports of Chemical Products ($16.6M), Machines ($9.03M), and Foodstuffs ($6.95M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Greece+$30.4MRefined Petroleum

Top Product Potential Greece Kazakhstan+$5.43MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Greece () (2023)

Exports from Greece () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Greece ()

Kazakhstan Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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