Overview In 2020 Kazakhstan was the number 52 economy in the world in terms of GDP (current US$), the number 47 in total exports, the number 55 in total imports, the number 74 economy in terms of GDP per capita (current US$) and the number 72 most complex economy according to the Economic Complexity Index (ECI).

Exports The top exports of Kazakhstan are Petroleum oils and oils obtained from bituminous minerals; crude ($25.2B), Copper; refined and copper alloys, unwrought ($2.86B), Petroleum gases and other gaseous hydrocarbons ($2.64B), Radioactive chemical elements and radioactive isotopes (including the fissile or fertile chemical... ($1.98B), and Ferro-alloys ($1.68B), exporting mostly to China ($9.42B), Italy ($6.76B), Russia ($5.18B), Netherlands ($3.14B), and Turkey ($2.34B).

In 2020, Kazakhstan was the world's biggest exporter of Radioactive chemical elements and radioactive isotopes (including the fissile or fertile chemical elements and isotopes); and their compounds; mixtures and residues containing these products ($1.98B) and Chromium oxides and hydroxides ($101M)

Imports The top imports of Kazakhstan are Machinery, plant (not domestic), or laboratory equipment; electrically heated or not, (excluding... ($1.54B), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of... ($1.21B), Transmission apparatus for radio-broadcasting or television, whether or not incorporating reception apparatus... ($1.07B), Motor cars and other motor vehicles; principally designed for the transport of... ($909M), and Automatic data processing machines and units thereof, magnetic or optical readers, machines... ($648M), importing mostly from Russia ($13.8B), China ($10.3B), South Korea ($2.31B), Germany ($1.8B), and Turkey ($1B).

Location Kazakhstan borders China, Kyrgyzstan, Russia, Turkmenistan, and Uzbekistan by land.

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The following section uses the most recent trade data from partners of Kazakhstan.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Petroleum oils and oils obtained from bituminous minerals; crude, $25.2B

Top Destination (2020): China, $13.8B

In 2020, Kazakhstan exported a total of $50.9B, making it the number 47 exporter in the world. During the last five reported years the exports of Kazakhstan have changed by $2.66B from $48.2B in 2015 to $50.9B in 2020.

The most recent exports are led by Petroleum oils and oils obtained from bituminous minerals; crude ($25.2B), Copper; refined and copper alloys, unwrought ($2.86B), Petroleum gases and other gaseous hydrocarbons ($2.64B), Radioactive chemical elements and radioactive isotopes (including the fissile or fertile chemical... ($1.98B), and Ferro-alloys ($1.68B). The most common destination for the exports of Kazakhstan are China ($9.42B), Italy ($6.76B), Russia ($5.18B), Netherlands ($3.14B), and Turkey ($2.34B).

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

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).

Economic Complexity

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Most Specialized Products by RCA Index

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Export Opportunities by Relatedness

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The top export opportunities for Kazakhstan according to the relatedness index, are Tin ores and concentrates (0.13), Nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgy (0.13), Ammonia; anhydrous or in aqueous solution (0.13), Ores and concentrates; n.e.c. in heading no. 2601 (0.12), and Nickel ores and concentrates (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 a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Kazakhstan. These are products that tend to be co-exported with the products that Kazakhstan exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.

Economic Complexity Ranking

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During the last 20 years Kazakhstan's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨34th to the 72nd⁩ 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.

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