2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Kazakhstan-Sweden Trade: In 2023, Kazakhstan exported $164M to Sweden. The main products that Kazakhstan exported to Sweden were Crude Petroleum ($68.4M), Refined Petroleum ($26.1M), and Ferroalloys ($21.7M). Over the past 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 10.5%, from $285M in 2018 to $164M in 2023.

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

Sweden-Kazakhstan Trade: In 2023, Sweden exported $428M to Kazakhstan. The main products that Sweden exported to Kazakhstan were Tractors ($93.1M), Delivery Trucks ($27.5M), and Other Construction Vehicles ($25.2M). Over the past 5 years the exports of Sweden to Kazakhstan have increased at an annualized rate of 11.2%,  from $148M in 2018 to $428M in 2023.

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

Comparison: In 2023,  Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kazakhstan exported $164M to Sweden. The main products exported from Kazakhstan to Sweden were Crude Petroleum ($68.4M), Refined Petroleum ($26.1M), and Ferroalloys ($21.7M). During the last 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 10.5%, from $285M in 2018 to $164M in 2023.

In 2018, Sweden exported $428M to Kazakhstan. The main products exported from Sweden to Kazakhstan were Tractors ($93.1M), Delivery Trucks ($27.5M), and Other Construction Vehicles ($25.2M). During the last 5 years the exports of Sweden to Kazakhstan have increased at an annualized rate of 11.2%, from $148M in 2023 to $428M in 2018.

Exports from Kazakhstan (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to Kazakhstan (Flag) (2023)

Latest Data

Trade between Kazakhstan (Flag) and Sweden (Flag)

Kazakhstan Exports

Sweden Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Sweden
Top Destination
Germany$18.4B

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

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

In 2023, countries that imported more from Sweden than Kazakhstan included United States ($18.1B), Germany ($18.4B), and Denmark ($14.4B).

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

Comparative Advantage Kazakhstan - Sweden

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Sweden in the exports of Mineral Products ($104M), Metals ($31M), and Foodstuffs ($15.4M).

During 2018, Sweden had a large net trade with Kazakhstan in the exports of Machines ($130M), Transportation ($124M), and Chemical Products ($58.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Sweden+$25.3MRefined Petroleum
Top Product Potential Sweden Kazakhstan+$13.8MPackaged 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 Sweden. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Sweden. Similarly, a dot/product with the flag of Sweden indicates it has a comparative advantage over Kazakhstan.

Product Space of Kazakhstan (Flag) and Sweden (Flag) (2023)

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