2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
GDP PC 
$12,919CURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC
$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195

About

Kazakhstan-Serbia Trade: In 2023, Kazakhstan exported $359M to Serbia. The main products that Kazakhstan exported to Serbia were Crude Petroleum ($343M), Carbon ($7.67M), and Petroleum Gas ($1.53M). Over the past 5 years the exports of Kazakhstan to Serbia have increased at an annualized rate of 142%, from $4.37M in 2018 to $359M in 2023.

In 2023, Kazakhstan did not export any services to Serbia.

Serbia-Kazakhstan Trade: In 2023, Serbia exported $116M to Kazakhstan. The main products that Serbia exported to Kazakhstan were Cellulose Fibers Paper ($32.2M), Asbestos Cement Articles ($11M), and Refined Petroleum ($3.89M). Over the past 5 years the exports of Serbia to Kazakhstan have increased at an annualized rate of 36%,  from $24.9M in 2018 to $116M in 2023.

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 2023,  Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Latest Data

Trade between Kazakhstan (Flag) and Serbia (Flag)

Kazakhstan Exports

Serbia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Serbia
Top Destination
Germany$4.76B

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 2023, countries that imported more from Kazakhstan than Serbia included United Kingdom ($14.3B), China ($15.2B), and Russia ($9.78B).

In 2023, countries that imported more from Serbia than Kazakhstan included Hungary ($2.26B), Bosnia and Herzegovina ($1.77B), and Germany ($4.76B).

Difference in imports from Serbia (Flag) and Kazakhstan (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Serbia+$6.91MPetroleum Gas
Top Product Potential Serbia Kazakhstan+$1.66MPackaged Medicaments

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

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

Product Space of Kazakhstan (Flag) and Serbia (Flag) (NaN)

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