Kazakhstan2019 Economic Complexity : -0.14, Rank 78 of 146
2019 Product Exports | Imports: $60.3B | $41B, 48 of 225 | 56 of 225
2019 Per Capita Product Exports | Imports: $3.26k | $2.21k, 75 of 219 | 115 of 219
2019 Service Exports | Imports : $7.6B | $10.9B, 32 of 69 | 29 of 69
Overview In 2019 Kazakhstan was the number 52 economy in the world in terms of GDP (current US$), the number 48 in total exports, the number 56 in total imports, the number 75 economy in terms of GDP per capita (current US$) and the number 78 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Kazakhstan are Crude Petroleum ($34.3B), Petroleum Gas ($3.52B), Refined Copper ($2.7B), Ferroalloys ($1.92B), and Radioactive Chemicals ($1.71B), exporting mostly to China ($7.92B), Italy ($7.34B), Russia ($5.81B), Netherlands ($4.37B), and France ($3.64B).
In 2019, Kazakhstan was the world's biggest exporter of Chromium Oxides and Hydroxides ($145M)
Imports The top imports of Kazakhstan are Packaged Medicaments ($887M), Petroleum Gas ($885M), Cars ($878M), Broadcasting Equipment ($827M), and Planes, Helicopters, and/or Spacecraft ($736M), importing mostly from Russia ($13.9B), China ($9.8B), South Korea ($1.83B), Germany ($1.64B), and Italy ($1.3B).
Location Kazakhstan borders China, Kyrgyzstan, Russia, Turkmenistan, and Uzbekistan by land.
Top Export (2019): Crude Petroleum, $34.3B
Top Destination (2019): China, $7.92B
In 2019, Kazakhstan exported a total of $60.3B, making it the number 48 exporter in the world. During the last five reported years the exports of Kazakhstan have changed by -$19.2B from $79.5B in 2014 to $60.3B in 2019.
The most recent exports are led by Crude Petroleum ($34.3B), Petroleum Gas ($3.52B), Refined Copper ($2.7B), Ferroalloys ($1.92B), and Radioactive Chemicals ($1.71B). The most common destination for the exports of Kazakhstan are China ($7.92B), Italy ($7.34B), Russia ($5.81B), Netherlands ($4.37B), and France ($3.64B).
Top Import (2019): Packaged Medicaments, $887M
Top Origin (2019): Russia, $13.9B
In 2019 Kazakhstan imported $41B, making it the number 56 trade destination in the world. During the last five reported years the imports of Kazakhstan changed by -$3.63B from $44.6B in 2014 to $41B in 2019.
The most recent imports of Kazakhstan are led by Packaged Medicaments ($887M), Petroleum Gas ($885M), Cars ($878M), Broadcasting Equipment ($827M), and Planes, Helicopters, and/or Spacecraft ($736M). The most common import partners for Kazakhstan are Russia ($13.9B), China ($9.8B), South Korea ($1.83B), Germany ($1.64B), and Italy ($1.3B).
Kazakhstan Exports Services (2019): $7.6B
Kazakhstan Imports Services (2019): $10.9B
In 2019, Kazakhstan exported $7.6B worth of services. The top services exported by Kazakhstan in 2019 were Transportation ($3.97B), Personal travel ($2.12B), Other business services ($512M), Business travel ($345M), and Government services, n.i.e. ($278M).
The top services imported by Kazakhstan in 2019 were Other business services ($4.47B), Personal travel ($2.62B), Transportation ($2.5B), Computer and information services ($401M), and Financial services ($204M).
The top product import tariffs by their MFN Ad Valorem value for Kazakhstan are Ethyl alcohol and other spirits, denatured (100%) and Undenatured ethyl alcohol > 80% by volume (100%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Kazakhstan are:
Kazakhstan has a high level of specialization in Linseed (62.6), Radioactive Chemicals (46.7), Sulphur (28.8), Precious Metal Ore (24.6), and Wheat Flours (22.4). Specialization is measured using RCA, an index that takes the ratio between Kazakhstan observed and expected exports in each product.
The highest complexity exports of Kazakhstan according to the product complexity index (PCI) are Amine-function compounds (0.99), Parts of railway, tramway locomotives, rolling-stock (0.9), Alloy steel in ingots in primary form or semi-finished (0.88), Slag wool, rock wool, insulating minerals not asbestos (0.83), and Tantalum and articles thereof, including waste, scrap (0.71). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Kazakhstan according to the relatedness index, are Uranium and Thorium Ore (0.2), Tin Ores (0.16), Nickel Mattes (0.13), Wool (0.12), and Iron Reductions (0.12). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Kazakhstan is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
During the last 20 years Kazakhstan's economy has become relatively less complex, moving from the 42nd to the 78th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.