2023
Flag  
GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 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

Thailand-Kazakhstan Trade: In 2023, Thailand exported $310M to Kazakhstan. The main products that Thailand exported to Kazakhstan were Delivery Trucks ($129M), Cars ($25.8M), and Rubber Tires ($18.3M). Over the past 5 years the exports of Thailand to Kazakhstan have increased at an annualized rate of 20.9%, from $120M in 2018 to $310M in 2023.

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

Kazakhstan-Thailand Trade: In 2023, Kazakhstan exported $94.4M to Thailand. The main products that Kazakhstan exported to Thailand were Crude Petroleum ($53.9M), Coal Briquettes ($18.3M), and Raw Zinc ($13.4M). Over the past 5 years the exports of Kazakhstan to Thailand have increased at an annualized rate of 18.9%,  from $39.7M in 2018 to $94.4M in 2023.

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

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $310M to Kazakhstan. The main products exported from Thailand to Kazakhstan were Delivery Trucks ($129M), Cars ($25.8M), and Rubber Tires ($18.3M). During the last 5 years the exports of Thailand to Kazakhstan have increased at an annualized rate of 20.9%, from $120M in 2018 to $310M in 2023.

In 2018, Kazakhstan exported $94.4M to Thailand. The main products exported from Kazakhstan to Thailand were Crude Petroleum ($53.9M), Coal Briquettes ($18.3M), and Raw Zinc ($13.4M). During the last 5 years the exports of Kazakhstan to Thailand have increased at an annualized rate of 18.9%, from $39.7M in 2023 to $94.4M in 2018.

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

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

Latest Data

Trade between Thailand (Flag) and Kazakhstan (Flag)

Thailand Exports

Kazakhstan Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$58.5B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Thailand than Kazakhstan included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Kazakhstan than Thailand included Russia ($9.78B), United Kingdom ($14.3B), and Greece ($3.56B).

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

Comparative Advantage Thailand - Kazakhstan

Flow
Scale

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

During 2023, Thailand had a large net trade with Kazakhstan in the exports of Transportation ($159M), Machines ($62.7M), and Plastics and Rubbers ($34M).

During 2018, Kazakhstan had a large net trade with Thailand in the exports of Mineral Products ($72.7M), Metals ($17.1M), and Chemical Products ($2.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Kazakhstan+$33.4MCars
Top Product Potential Kazakhstan Thailand+$93.4MCrude 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 Thailand and Kazakhstan. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Thailand.

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

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