2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Oman-Kazakhstan Trade: In 2023, Oman exported $10.1M to Kazakhstan. The main products that Oman exported to Kazakhstan were Refined Petroleum ($6.25M), Rubberworking Machinery ($2.58M), and Cars ($373k). Over the past 5 years the exports of Oman to Kazakhstan have increased at an annualized rate of 46.7%, from $1.49M in 2018 to $10.1M in 2023.

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

Kazakhstan-Oman Trade: In 2023, Kazakhstan exported $821k to Oman. The main products that Kazakhstan exported to Oman were Other Vegetable Residues ($308k), Barley ($186k), and Animal Food ($69.8k). Over the past 5 years the exports of Kazakhstan to Oman have decreased at an annualized rate of 2.77%,  from $945k in 2018 to $821k in 2023.

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

Comparison: In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Oman exported $10.1M to Kazakhstan. The main products exported from Oman to Kazakhstan were Refined Petroleum ($6.25M), Rubberworking Machinery ($2.58M), and Cars ($373k). During the last 5 years the exports of Oman to Kazakhstan have increased at an annualized rate of 46.7%, from $1.49M in 2018 to $10.1M in 2023.

In 2018, Kazakhstan exported $821k to Oman. The main products exported from Kazakhstan to Oman were Other Vegetable Residues ($308k), Barley ($186k), and Animal Food ($69.8k). During the last 5 years the exports of Kazakhstan to Oman have decreased at an annualized rate of 2.77%, from $945k in 2023 to $821k in 2018.

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

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

Latest Data

Trade between Oman (Flag) and Kazakhstan (Flag)

Oman Exports

Kazakhstan Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Oman than Kazakhstan included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Kazakhstan than Oman included United Kingdom ($14.3B), Russia ($9.78B), and Italy ($4.63B).

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

Comparative Advantage Oman - Kazakhstan

Flow
Scale

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

During 2023, Oman had a large net trade with Kazakhstan in the exports of Mineral Products ($6.25M), Machines ($2.83M), and Transportation ($430k).

During 2018, Kazakhstan had a large net trade with Oman in the exports of Foodstuffs ($378k), Vegetable Products ($186k), and Metals ($111k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Kazakhstan+$924kPackaged Medicaments
Top Product Potential Kazakhstan Oman+$207kLiquid Pumps

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

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

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