2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Singapore-Kazakhstan Trade: In 2022, Singapore exported $87.8M to Kazakhstan. The main products that Singapore exported to Kazakhstan were Gas Turbines ($40.1M), Orthopedic Appliances ($5.05M), and Chemical Analysis Instruments ($4.32M). Over the past 5 years the exports of Singapore to Kazakhstan have increased at an annualized rate of 17.1%, from $40M in 2017 to $87.8M in 2022.

In 2022, Singapore did not export any services to Kazakhstan.

Kazakhstan-Singapore Trade: In 2022, Kazakhstan exported $1.88B to Singapore. The main products that Kazakhstan exported to Singapore were Crude Petroleum ($1.81B), Refined Petroleum ($71.7M), and Iron Structures ($778k). Over the past 5 years the exports of Kazakhstan to Singapore have increased at an annualized rate of 84.8%,  from $87.4M in 2017 to $1.88B in 2022.

In 2022, Kazakhstan did not export any services to Singapore.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $87.8M to Kazakhstan. The main products exported from Singapore to Kazakhstan were Gas Turbines ($40.1M), Orthopedic Appliances ($5.05M), and Chemical Analysis Instruments ($4.32M). During the last 5 years the exports of Singapore to Kazakhstan have increased at an annualized rate of 17.1%, from $40M in 2017 to $87.8M in 2022.

In 2017, Kazakhstan exported $1.88B to Singapore. The main products exported from Kazakhstan to Singapore were Crude Petroleum ($1.81B), Refined Petroleum ($71.7M), and Iron Structures ($778k). During the last 5 years the exports of Kazakhstan to Singapore have increased at an annualized rate of 84.8%, from $87.4M in 2022 to $1.88B in 2017.

Exports from Singapore (Flag) to Kazakhstan (Flag) (2022)

Exports from Kazakhstan (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and Kazakhstan (Flag)

Singapore Exports

Kazakhstan Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Singapore than Kazakhstan included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Kazakhstan than Singapore included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

Difference in imports from Kazakhstan (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - Kazakhstan

Flow
Scale

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

During 2022, Singapore had a large net trade with Kazakhstan in the exports of Machines ($53.5M), Instruments ($17.1M), and Chemical Products ($5.63M).

During 2017, Kazakhstan had a large net trade with Singapore in the exports of Mineral Products ($1.88B), Metals ($823k), and Machines ($283k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Kazakhstan+$10.1MGas Turbines
Top Product Potential Kazakhstan Singapore+$387MCrude Petroleum

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

Product Space of Singapore (Flag) and Kazakhstan (Flag) (2022)

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