2023
Flag  
GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 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

Russia-Kazakhstan Trade: In 2023, Russia exported $16.1B to Kazakhstan. The main products that Russia exported to Kazakhstan were Refined Petroleum ($597M), Other Large Iron Pipes ($458M), and Semi-Finished Iron ($400M). Over the past 5 years the exports of Russia to Kazakhstan have increased at an annualized rate of 4.18%, from $13.2B in 2018 to $16.1B in 2023.

In 2020, Russia exported services to Kazakhstan worth $1.72B, with Transportation ($678M), Travel ($439M), and Other business services ($312M) being the largest in terms of value.

Kazakhstan-Russia Trade: In 2023, Kazakhstan exported $9.78B to Russia. The main products that Kazakhstan exported to Russia were Radioactive Chemicals ($1.59B), Hot-Rolled Iron ($442M), and Iron Ore ($375M). Over the past 5 years the exports of Kazakhstan to Russia have increased at an annualized rate of 12.7%,  from $5.39B in 2018 to $9.78B in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). 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, Russia exported $16.1B to Kazakhstan. The main products exported from Russia to Kazakhstan were Refined Petroleum ($597M), Other Large Iron Pipes ($458M), and Semi-Finished Iron ($400M). During the last 5 years the exports of Russia to Kazakhstan have increased at an annualized rate of 4.18%, from $13.2B in 2018 to $16.1B in 2023.

In 2018, Kazakhstan exported $9.78B to Russia. The main products exported from Kazakhstan to Russia were Radioactive Chemicals ($1.59B), Hot-Rolled Iron ($442M), and Iron Ore ($375M). During the last 5 years the exports of Kazakhstan to Russia have increased at an annualized rate of 12.7%, from $5.39B in 2023 to $9.78B in 2018.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$129B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Russia than Kazakhstan included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Kazakhstan than Russia included United Kingdom ($14.3B), South Korea ($3.81B), and Romania ($2.65B).

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

Comparative Advantage Russia - Kazakhstan

Flow
Scale

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

During 2023, Russia had a large net trade with Kazakhstan in the exports of Metals ($3.31B), Foodstuffs ($1.88B), and Mineral Products ($1.83B).

During 2018, Kazakhstan had a large net trade with Russia in the exports of Chemical Products ($2.39B), Metals ($1.8B), and Machines ($1.79B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Kazakhstan+$112MRefined Petroleum
Top Product Potential Kazakhstan Russia+$49.7MTelephones

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

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

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