Kazakhstan2020 Economic Complexity : -0.25, Rank 72 of 127
2020 Product Exports | Imports: $50.9B | $40.8B, 47 of 226 | 55 of 226
2020 Per Capita Product Exports | Imports: $2.71k | $2.18k, 78 of 219 | 106 of 219
2020 Service Exports | Imports : $4.95B | $7.7B, 43 of 65 | 37 of 65
Overview In 2020, Kazakhstan was the number 53 economy in the world in terms of GDP (current US$), the number 47 in total exports, the number 55 in total imports, the number 82 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 Crude Petroleum ($25.2B), Refined Copper ($2.86B), Petroleum Gas ($2.64B), Radioactive Chemicals ($1.98B), and Ferroalloys ($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 Chemicals ($1.98B) and Chromium Oxides and Hydroxides ($101M)
Imports The top imports of Kazakhstan are Other Heating Machinery ($1.54B), Packaged Medicaments ($1.21B), Broadcasting Equipment ($1.07B), Cars ($909M), and Computers ($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.
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.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Top Export (2020): Crude Petroleum, $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 Crude Petroleum ($25.2B), Refined Copper ($2.86B), Petroleum Gas ($2.64B), Radioactive Chemicals ($1.98B), and Ferroalloys ($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).
Kazakhstan Exports Services (2020): $4.95B
Kazakhstan Imports Services (2020): $7.7B
In 2020, Kazakhstan exported $4.95B worth of services. The top services exported by Kazakhstan in 2020 were Other transport ($2.96B), Miscellaneous business, professional, and technical services ($418M), Air transport ($358M), Personal travel ($318M), and Government services, n.i.e. ($195M).
The top services imported by Kazakhstan in 2020 were Miscellaneous business, professional, and technical services ($3.49B), Other transport ($1.6B), Personal travel ($735M), Air transport ($433M), and Operational leasing services ($237M).
Kazakhstan has a high level of specialization in Linseed (71.4), Radioactive Chemicals (61.4), Wheat Flours (33.9), Sulphur (28.5), and Precious Metal Ore (23.3). 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 Iron Railway Products (0.68), Locomotive Parts (0.66), Cyclic Hydrocarbons (0.6), Refractory Cements (0.59), and Planes, Helicopters, and/or Spacecraft (0.54). 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 Tin Ores (0.13), Nickel Mattes (0.13), Ammonia (0.13), Other Ores (0.12), and Nickel Ore (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.
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.
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