Serbia (SRB) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Serbia-Kazakhstan Trade: In 2022, Serbia exported $71.1M to Kazakhstan. The main products that Serbia exported to Kazakhstan were N/A. Over the past 5 years the exports of Serbia to Kazakhstan have increased at an annualized rate of 14.8%, from $35.7M in 2017 to $71.1M in 2022.

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.

Kazakhstan-Serbia Trade: In 2022, Kazakhstan exported $16.9M to Serbia. The main products that Kazakhstan exported to Serbia were N/A. Over the past 5 years the exports of Kazakhstan to Serbia have decreased at an annualized rate of 22.4%, from $59.8M in 2017 to $16.9M in 2022.

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

Comparison: In 2022, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Serbia exported $71.1M to Kazakhstan. There were not main exports from Serbia to Kazakhstan in 2022. During the last 5 years the exports of Serbia to Kazakhstan have increased at an annualized rate of 14.8%, from $35.7M in 2017 to $71.1M in 2022.

In 2017, Kazakhstan exported $16.9M to Serbia. There were not main exports from Kazakhstan to Serbia in 2017. During the last 5 years the exports of Kazakhstan to Serbia have decreased at an annualized rate of 22.4%, from $59.8M in 2022 to $16.9M in 2017.

Exports from Serbia () to Kazakhstan () (2022)

Exports from Kazakhstan () to Serbia () (2022)

Latest Data

Trade between Serbia () and Kazakhstan ()

Serbia Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Serbia
Top DestinationGermany$4B

Kazakhstan
Top DestinationChina$13.4B

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

In 2022, countries that imported more from Serbia than Kazakhstan included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Hungary ($1.69B).

In 2022, countries that imported more from Kazakhstan than Serbia included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

Difference in imports from Kazakhstan () and Serbia () (2022)

Comparative Advantage Serbia - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Serbia had a large net trade with Kazakhstan in the exports of Paper Goods ($32.1M), Metals ($11M), and Machines ($9.6M).

During 2017, Kazakhstan had a large net trade with Serbia in the exports of Mineral Products ($14.5M), Metals ($885k), and Machines ($495k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Serbia Kazakhstan+$1.66MPackaged Medicaments

Top Product Potential Kazakhstan Serbia+$6.91MPetroleum Gas

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Serbia () to Kazakhstan () (2022)

Exports from Kazakhstan () to Serbia () (2022)

Latest Data

Trade between Serbia () and Kazakhstan ()

Serbia Exports

Kazakhstan Exports

Market Competitiveness

Difference in imports from Kazakhstan () and Serbia () (2022)

Comparative Advantage Serbia - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Serbia () and Kazakhstan () (2022)

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