2022
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GDP
$221BCURRENT US$
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2012-2022
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GDP GROWTH
6.07%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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GDP PC 
$11,244CURRENT US$
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GDP PC GROWTH
-9.23%CURRENT US$
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GDP PC
$32,255CURRENT US$
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GDP PC GROWTH
26.7%CURRENT US$
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About

Kazakhstan-South Korea In 2022, Kazakhstan exported $4.66B to South Korea. The main products that Kazakhstan exported to South Korea are Crude Petroleum ($4.39B), Radioactive Chemicals ($106M), and Ferroalloys ($88.1M). During the last 27 years the exports of Kazakhstan to South Korea have increased at an annualized rate of 16.9%, from $69.2M in 1995 to $4.66B in 2022.

In 2022, Kazakhstan did not export any services to South Korea.

South Korea-Kazakhstan In 2022, South Korea exported $2.26B to Kazakhstan. The main products that South Korea exported to Kazakhstan were Cars ($1.04B), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($534M), and Motor vehicles; parts and accessories (8701 to 8705) ($118M). During the last 27 years the exports of South Korea to Kazakhstan have increased at an annualized rate of 14.9%, from $52.8M in 1995 to $2.26B in 2022.

In 2022, South Korea did not export any services to Kazakhstan.

Comparison In 2022,  Kazakhstan ranked 78 in the Economic Complexity Index (ECI -0.35), and 45 in total exports ($98.7B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $4.66B to South Korea. The main products exported from Kazakhstan to South Korea were Crude Petroleum ($4.39B), Radioactive Chemicals ($106M), and Ferroalloys ($88.1M). During the last 27 years the exports of Kazakhstan to South Korea have increased at an annualized rate of 16.9%, from $69.2M in 1995 to $4.66B in 2022.

In 2022, South Korea exported $2.26B to Kazakhstan. The main products exported from South Korea to Kazakhstan were Cars ($1.04B), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($534M), and Motor vehicles; parts and accessories (8701 to 8705) ($118M). During the last 27 years the exports of South Korea to Kazakhstan have increased at an annualized rate of 14.9%, from $52.8M in 1995 to $2.26B in 2022.

Exports from Kazakhstan (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Kazakhstan (Flag) (2022)

Latest Data

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

Kazakhstan Exports

South Korea Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
South Korea
Top Destination
China$150B

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 2021, countries that imported more from Kazakhstan than South Korea were Italy ($12.4B), Russia ($8.78B), and Switzerland ($3.74B).

In 2021, countries that imported more from South Korea than Kazakhstan were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Kazakhstan (Flag) (2022)

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 2022, Kazakhstan had a large net trade with South Korea in the exports of Mineral Products ($4.4B), Metals ($132M), and Chemical Products ($106M).

During 2022, South Korea had a large net trade with Kazakhstan in the exports of Transportation ($1.7B), Machines ($254M), and Plastics and Rubbers ($87M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Kazakhstan has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Kazakhstan.

Product Space of Kazakhstan (Flag) and South Korea (Flag) (2022)

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