2022
Exports
$5.74BWorld Rnk 28 / 223
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Iron & steel
1.68Rnk 28 / 1025
2022
Imports
$1.72BWorld Rnk 55 / 225
Flag Rnk 8 / 96
2022
ECONOMIC COMPLEXITY of Kazakhstan
-0.17Rnk 73 / 133

About

Exports In 2022, Kazakhstan exported $5.74B in Iron & steel, making it the 28th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 3rd most exported product in Kazakhstan. The main destination of Iron & steel exports from Kazakhstan are: Russia ($1.47B), China ($882M), Japan ($682M), Uzbekistan ($523M), and United States ($445M).

The fastest growing export markets for Iron & steel of Kazakhstan between 2021 and 2022 were United States ($266M), Japan ($206M), and Germany ($94.8M).

Imports In 2022, Kazakhstan imported $1.72B in Iron & steel, becoming the 55th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Kazakhstan. Kazakhstan imports Iron & steel primarily from: Russia ($1.39B), China ($134M), Uzbekistan ($56.5M), Kyrgyzstan ($50.1M), and Belarus ($23.6M).

The fastest growing import markets in Iron & steel for Kazakhstan between 2021 and 2022 were Kyrgyzstan ($33.7M), Belarus ($20.3M), and Uzbekistan ($15.2M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron & steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.74B
IMPORTS (2022)$1.72B
NET TRADE (2022)$4.02B

In 2022, Kazakhstan exported $5.74B in Iron & steel. The main destinations of Kazakhstan exports on Iron & steel were Russia ($1.47B), China ($882M), Japan ($682M), Uzbekistan ($523M), and United States ($445M).

In 2022, Kazakhstan imported $1.72B in Iron & steel, mainly from Russia ($1.39B), China ($134M), Uzbekistan ($56.5M), Kyrgyzstan ($50.1M), and Belarus ($23.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Kazakhstan WERE (2021 - 2022):
United States$266M (149%)
Japan$206M (43.2%)
Germany$94.8M (71.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Kazakhstan WERE (2021 - 2022):
Russia-$1.01B (-40.7%)
United Arab Emirates-$155M (-75.3%)
South Korea-$61.2M (-40.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kazakhstan's main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Kazakhstan's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $704M
TOP IMPORT POTENTIALChina+ $120M

Iron & steel’s highest export potential is China. With an export gap of $704M.   Iron & steel’s highest import potential is China with an import gap of $120M.

See methodology.

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