2023
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GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
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GDP GROWTH
11%CURRENT US$
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2023
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 GDP
$1.71TCURRENT US$
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2013-2023
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GDP GROWTH
25%CURRENT US$
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2023
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GDP PC 
$12,919CURRENT US$
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2013-2023
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GDP PC GROWTH
-4.15%CURRENT US$
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2023
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GDP PC
$33,121CURRENT US$
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2013-2023
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GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Kazakhstan-South Korea Trade: In 2023, Kazakhstan exported $3.81B to South Korea. The main products that Kazakhstan exported to South Korea were Crude Petroleum ($3.65B), Ferroalloys ($64.5M), and Machinery Having Individual Functions ($49.5M). Over the past 5 years the exports of Kazakhstan to South Korea have increased at an annualized rate of 13.1%, from $2.06B in 2018 to $3.81B in 2023.

In 2023, Kazakhstan did not export any services to South Korea.

South Korea-Kazakhstan Trade: In 2023, South Korea exported $2.21B to Kazakhstan. The main products that South Korea exported to Kazakhstan were Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($666M), Motor vehicles; parts and accessories (8701 to 8705) ($407M), and Cars ($262M). Over the past 5 years the exports of South Korea to Kazakhstan have increased at an annualized rate of 15.9%,  from $912M in 2018 to $2.21B in 2023.

In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kazakhstan exported $3.81B to South Korea. The main products exported from Kazakhstan to South Korea were Crude Petroleum ($3.65B), Ferroalloys ($64.5M), and Machinery Having Individual Functions ($49.5M). During the last 5 years the exports of Kazakhstan to South Korea have increased at an annualized rate of 13.1%, from $2.06B in 2018 to $3.81B in 2023.

In 2018, South Korea exported $2.21B to Kazakhstan. The main products exported from South Korea to Kazakhstan were Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($666M), Motor vehicles; parts and accessories (8701 to 8705) ($407M), and Cars ($262M). During the last 5 years the exports of South Korea to Kazakhstan have increased at an annualized rate of 15.9%, from $912M in 2023 to $2.21B in 2018.

Exports from Kazakhstan (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Kazakhstan (Flag) (2023)

Latest Data

Trade between Kazakhstan (Flag) and South Korea (Flag)

Kazakhstan Exports

South Korea Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Kazakhstan than South Korea included Russia ($9.78B), United Kingdom ($14.3B), and Greece ($3.56B).

In 2023, countries that imported more from South Korea than Kazakhstan included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Kazakhstan (Flag) (2023)

Comparative Advantage Kazakhstan - South Korea

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with South Korea in the exports of Mineral Products ($3.65B), Metals ($90.2M), and Machines ($70.7M).

During 2018, South Korea had a large net trade with Kazakhstan in the exports of Transportation ($1.35B), Machines ($472M), and Plastics and Rubbers ($130M).

Economic Complexity

Competitive Landscape

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

Product Space of Kazakhstan (Flag) and South Korea (Flag) (2023)

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