Armenia (ARM) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Armenia-Kazakhstan Trade: In 2023, Armenia exported $72.9M to Kazakhstan. The main products that Armenia exported to Kazakhstan were Cars ($42.4M), Hard Liquor ($4.52M), and Jewellery ($2.74M). Over the past 5 years the exports of Armenia to Kazakhstan have increased at an annualized rate of 47%, from $10.6M in 2018 to $72.9M in 2023.

In 2023, Armenia did not export any services to Kazakhstan.

Kazakhstan-Armenia Trade: In 2023, Kazakhstan exported $33.2M to Armenia. The main products that Kazakhstan exported to Armenia were Rolled Tobacco ($21M), Coated Flat-Rolled Iron ($2.23M), and Electric Batteries ($1.13M). Over the past 5 years the exports of Kazakhstan to Armenia have increased at an annualized rate of 42.9%, from $5.57M in 2018 to $33.2M in 2023.

In 2023, Kazakhstan did not export any services to Armenia.

Comparison: In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $72.9M to Kazakhstan. The main products exported from Armenia to Kazakhstan were Cars ($42.4M), Hard Liquor ($4.52M), and Jewellery ($2.74M). During the last 5 years the exports of Armenia to Kazakhstan have increased at an annualized rate of 47%, from $10.6M in 2018 to $72.9M in 2023.

In 2018, Kazakhstan exported $33.2M to Armenia. The main products exported from Kazakhstan to Armenia were Rolled Tobacco ($21M), Coated Flat-Rolled Iron ($2.23M), and Electric Batteries ($1.13M). During the last 5 years the exports of Kazakhstan to Armenia have increased at an annualized rate of 42.9%, from $5.57M in 2023 to $33.2M in 2018.

Exports from Armenia () to Kazakhstan () (2023)

Exports from Kazakhstan () to Armenia () (2023)

Latest Data

Trade between Armenia () and Kazakhstan ()

Armenia Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Kazakhstan
Top DestinationChina$15.2B

This map shows whether countries import more from Armenia or Kazakhstan. Each country is colored based on the difference in imports they receive from Armenia and Kazakhstan or the difference in the growth in imports.

In 2023, countries that imported more from Armenia than Kazakhstan included United Arab Emirates ($2.25B), Hong Kong ($669M), and Iraq ($181M).

In 2023, countries that imported more from Kazakhstan than Armenia included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

Difference in imports from Kazakhstan () and Armenia () (2023)

Comparative Advantage Armenia - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Kazakhstan by product, considering products traded by both, Armenia and Kazakhstan.

During 2023, Armenia had a large net trade with Kazakhstan in the exports of Transportation ($45.5M), Foodstuffs ($8.03M), and Machines ($6.75M).

During 2018, Kazakhstan had a large net trade with Armenia in the exports of Foodstuffs ($21.3M), Machines ($3.73M), and Metals ($3.36M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Kazakhstan+$3.74MCars

Top Product Potential Kazakhstan Armenia+$234kHot-Rolled Iron

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and Kazakhstan. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Kazakhstan () (2023)

Exports from Kazakhstan () to Armenia () (2023)

Latest Data

Trade between Armenia () and Kazakhstan ()

Armenia Exports

Kazakhstan Exports

Market Competitiveness

Difference in imports from Kazakhstan () and Armenia () (2023)

Comparative Advantage Armenia - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Kazakhstan () (2023)

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