2021
Flag  
GDP
$197BCURRENT US$
Rnk 54 / 204
2011-2021
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GDP GROWTH
2.33%CURRENT US$
Rnk 162 / 204
2021
Flag
 GDP
$1.81TCURRENT US$
Rnk 11 / 204
2011-2021
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 72 / 204
2021
Flag
GDP PC 
$10,374CURRENT US$
Rnk 83 / 204
2011-2021
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 169 / 204
2021
Flag
GDP PC
$34,998CURRENT US$
Rnk 38 / 204
2011-2021
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 51 / 204

About

Kazakhstan-South Korea In 2021, Kazakhstan exported $2.2B to South Korea. The main products that Kazakhstan exported to South Korea are Crude Petroleum ($1.58B), Radioactive Chemicals ($367M), and Ferroalloys ($164M). During the last 26 years the exports of Kazakhstan to South Korea have increased at an annualized rate of 14.3%, from $68.6M in 1995 to $2.2B in 2021.

In 2021, Kazakhstan did not export any services to South Korea.

South Korea-Kazakhstan In 2021, South Korea exported $769M to Kazakhstan. The main products that South Korea exported to Kazakhstan were Cars ($389M), Beauty Products ($37.2M), and Large Construction Vehicles ($28.5M). During the last 26 years the exports of South Korea to Kazakhstan have increased at an annualized rate of 10.9%, from $52.8M in 1995 to $769M in 2021.

In 2021, South Korea did not export any services to Kazakhstan.

Comparison In 2021,  Kazakhstan ranked 77 in the Economic Complexity Index (ECI -0.28), and 55 in total exports ($53.6B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.82), and 5 in total exports ($653B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Kazakhstan exported $2.2B to South Korea. The main products exported from Kazakhstan to South Korea were Crude Petroleum ($1.58B), Radioactive Chemicals ($367M), and Ferroalloys ($164M). During the last 26 years the exports of Kazakhstan to South Korea have increased at an annualized rate of 14.3%, from $68.6M in 1995 to $2.2B in 2021.

In 2021, South Korea exported $769M to Kazakhstan. The main products exported from South Korea to Kazakhstan were Cars ($389M), Beauty Products ($37.2M), and Large Construction Vehicles ($28.5M). During the last 26 years the exports of South Korea to Kazakhstan have increased at an annualized rate of 10.9%, from $52.8M in 1995 to $769M in 2021.

Exports from Kazakhstan (Flag) to South Korea (Flag) (2021)

Exports from South Korea (Flag) to Kazakhstan (Flag) (2021)

Latest Data

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

Kazakhstan Exports

South Korea Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$10.6B
South Korea
Top Destination
China$158B

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 Greece ($4.62B), Lithuania ($1.13B), and Tajikistan ($722M).

In 2021, countries that imported more from South Korea than Kazakhstan were China ($158B), United States ($95.9B), and Vietnam ($56.5B).

Difference in imports from South Korea (Flag) and Kazakhstan (Flag) (2021)

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 2021, Kazakhstan had a large net trade with South Korea in the exports of Mineral Products ($1.58B), Chemical Products ($370M), and Metals ($226M).

During 2021, South Korea had a large net trade with Kazakhstan in the exports of Transportation ($430M), Machines ($96.4M), and Chemical Products ($67.8M).

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) (2021)

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