Flag Kazakhstan / Serbia Flag

2020
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Exports
: $103M, Rnk 36 / 137

2020
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Top Product
: $97.6M, Crude Petroleum

2020
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Exports
: $13.4M, Rnk 57 / 170

2020
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Top Product
: $3.66M, Cellulose Fibers Paper

2020
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Economic Complexity (ECI)
: ECI -0.25, Rnk 72 / 127

2020
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Economic Complexity (ECI)
: ECI 0.68, Rnk 37 / 127

2020
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GDP
: $171B, CURRENT US$
Rnk 52 / 195

2010-2020
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GDP GROWTH
: 15.6%, CURRENT US$
Rnk 129 / 195

2020
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 GDP
: $53.3B, CURRENT US$
Rnk 86 / 195

2010-2020
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GDP GROWTH
: 27.5%, CURRENT US$
Rnk 101 / 195

2020
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GDP PC 
: $9,122, CURRENT US$
Rnk 74 / 195

2010-2020
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GDP PC GROWTH
: 0.57%, CURRENT US$
Rnk 132 / 195

2020
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GDP PC
: $7,721, CURRENT US$
Rnk 81 / 195

2010-2020
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GDP PC GROWTH
: 34.6%, CURRENT US$
Rnk 49 / 195

Kazakhstan-Serbia In 2020, Kazakhstan exported $103M to Serbia. The main products that Kazakhstan exported to Serbia are Crude Petroleum ($97.6M), Petroleum Gas ($4.56M), and Mixed Mineral or Chemical Fertilizers ($747k). During the last 14 years the exports of Kazakhstan to Serbia have increased at an annualized rate of 5.09%, from $51.5M in 2006 to $103M in 2020.

In 2020, Kazakhstan did not export any services to Serbia.

Serbia-Kazakhstan In 2020, Serbia exported $13.4M to Kazakhstan. The main products that Serbia exported to Kazakhstan were Cellulose Fibers Paper ($3.66M), Lifting Machinery ($1.33M), and Packaged Medicaments ($1.18M). During the last 14 years the exports of Serbia to Kazakhstan have increased at an annualized rate of 4.81%, from $6.97M in 2006 to $13.4M in 2020.

In 2009, Serbia exported services to Kazakhstan worth $11.1M, with Construction services ($7.22M), Workers' remittances ($2.45M), and Compensation of employees ($584k) being the largest in terms of value.

Comparison In 2020,  Kazakhstan ranked 72 in the Economic Complexity Index (ECI -0.25), and 47 in total exports ($50.9B). That same year, Serbia ranked 37 in the Economic Complexity Index (ECI 0.68), and 68 in total exports ($20.6B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Kazakhstan exported $103M to Serbia. The main products exported from Kazakhstan to Serbia were Crude Petroleum ($97.6M), Petroleum Gas ($4.56M), and Mixed Mineral or Chemical Fertilizers ($747k). During the last 14 years the exports of Kazakhstan to Serbia have increased at an annualized rate of 5.09%, from $51.5M in 2006 to $103M in 2020.

In 2020, Serbia exported $13.4M to Kazakhstan. The main products exported from Serbia to Kazakhstan were Cellulose Fibers Paper ($3.66M), Lifting Machinery ($1.33M), and Packaged Medicaments ($1.18M). During the last 14 years the exports of Serbia to Kazakhstan have increased at an annualized rate of 4.81%, from $6.97M in 2006 to $13.4M in 2020.

Kazakhstan Exports

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Serbia Exports

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Market Competitiveness

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Measure

Kazakhstan
Top Destination
: China, $9.42B

Serbia
Top Destination
: Germany, $2.55B

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

In 2019, countries that imported more from Kazakhstan than Serbia were China ($9.42B), Italy ($6.76B), and Russia ($5.18B).

In 2019, countries that imported more from Serbia than Kazakhstan were Germany ($2.55B), Bosnia and Herzegovina ($1.37B), and Hungary ($947M).

Comparative Advantage Kazakhstan - Serbia

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Flow

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

During 2020, Kazakhstan had a large net trade with Serbia in the exports of Mineral Products ($102M), Chemical Products ($747k), and Machines ($113k).

During 2020, Serbia had a large net trade with Kazakhstan in the exports of Paper Goods ($3.83M), Machines ($3.43M), and Chemical Products ($1.42M).

Bilateral Service Trade

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In 2009, Serbia exported services to Kazakhstan worth $11.1M, with Construction services ($7.22M), Workers' remittances ($2.45M), and Compensation of employees ($584k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Kazakhstan.