Kazakhstan (KAZ) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Kazakhstan-Mexico Trade: In 2022, Kazakhstan exported $1.84M to Mexico. The main products that Kazakhstan exported to Mexico were Ferroalloys ($1.5M), Other Iron Products ($183k), and Excavation Machinery ($50.5k). Over the past 5 years the exports of Kazakhstan to Mexico have decreased at an annualized rate of 22.7%, from $6.64M in 2017 to $1.84M in 2022.

In 2022, Kazakhstan did not export any services to Mexico.

Mexico-Kazakhstan Trade: In 2022, Mexico exported $179M to Kazakhstan. The main products that Mexico exported to Kazakhstan were Lead Ore ($78.6M), Electric Motors ($9.68M), and Medical Instruments ($6.02M). Over the past 5 years the exports of Mexico to Kazakhstan have increased at an annualized rate of 22.2%, from $65.6M in 2017 to $179M in 2022.

In 2022, Mexico did not export any services to Kazakhstan.

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kazakhstan exported $1.84M to Mexico. The main products exported from Kazakhstan to Mexico were Ferroalloys ($1.5M), Other Iron Products ($183k), and Excavation Machinery ($50.5k). During the last 5 years the exports of Kazakhstan to Mexico have decreased at an annualized rate of 22.7%, from $6.64M in 2017 to $1.84M in 2022.

In 2017, Mexico exported $179M to Kazakhstan. The main products exported from Mexico to Kazakhstan were Lead Ore ($78.6M), Electric Motors ($9.68M), and Medical Instruments ($6.02M). During the last 5 years the exports of Mexico to Kazakhstan have increased at an annualized rate of 22.2%, from $65.6M in 2022 to $179M in 2017.

Exports from Kazakhstan () to Mexico () (2022)

Exports from Mexico () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Mexico ()

Kazakhstan Exports

Date

Mexico Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Kazakhstan than Mexico included Italy ($12.4B), Russia ($8.78B), and Turkey ($5.01B).

In 2022, countries that imported more from Mexico than Kazakhstan included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

Difference in imports from Mexico () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Mexico in the exports of Metals ($1.69M), Machines ($101k), and Instruments ($35.5k).

During 2017, Mexico had a large net trade with Kazakhstan in the exports of Mineral Products ($78.6M), Machines ($51.1M), and Instruments ($14.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Mexico+$2.8MFerroalloys

Top Product Potential Mexico Kazakhstan+$18.3MCars

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

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Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Mexico () (2022)

Exports from Mexico () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Mexico ()

Kazakhstan Exports

Mexico Exports

Market Competitiveness

Difference in imports from Mexico () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Mexico () (2022)

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