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).
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.
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.
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 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.
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.
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.
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.