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2023
Flag → Flag
Exports $350MRnk 50 / 213
2023
Flag → Flag
Top Product $41.6MElectric Generating Sets
2023
Flag → Flag
Exports $1.88BRnk 16 / 144
2023
Flag → Flag
Top Product $1.85BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195
2023
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GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Austria-Kazakhstan Trade: In 2023, Austria exported $350M to Kazakhstan. The main products that Austria exported to Kazakhstan were Electric Generating Sets ($41.6M), Vaccines, blood, antisera, toxins and cultures ($35.5M), and Stone Processing Machines ($25.7M). Over the past 5 years the exports of Austria to Kazakhstan have increased at an annualized rate of 14.5%, from $178M in 2018 to $350M in 2023.

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

Kazakhstan-Austria Trade: In 2023, Kazakhstan exported $1.88B to Austria. The main products that Kazakhstan exported to Austria were Crude Petroleum ($1.85B), Fish Fillets ($5.63M), and Oxometallic or Peroxometallic Acid Salts ($3.24M). Over the past 5 years the exports of Kazakhstan to Austria have increased at an annualized rate of 1.88%,  from $1.71B in 2018 to $1.88B in 2023.

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

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). 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
Value

In 2023, Austria exported $350M to Kazakhstan. The main products exported from Austria to Kazakhstan were Electric Generating Sets ($41.6M), Vaccines, blood, antisera, toxins and cultures ($35.5M), and Stone Processing Machines ($25.7M). During the last 5 years the exports of Austria to Kazakhstan have increased at an annualized rate of 14.5%, from $178M in 2018 to $350M in 2023.

In 2018, Kazakhstan exported $1.88B to Austria. The main products exported from Kazakhstan to Austria were Crude Petroleum ($1.85B), Fish Fillets ($5.63M), and Oxometallic or Peroxometallic Acid Salts ($3.24M). During the last 5 years the exports of Kazakhstan to Austria have increased at an annualized rate of 1.88%, from $1.71B in 2023 to $1.88B in 2018.

Exports from Austria (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Kazakhstan (Flag)

Austria Exports

Kazakhstan Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$51B
Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Austria than Kazakhstan included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

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

Difference in imports from Kazakhstan (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Kazakhstan

Flow
Scale

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

During 2023, Austria had a large net trade with Kazakhstan in the exports of Machines ($160M), Chemical Products ($67.4M), and Instruments ($21.8M).

During 2018, Kazakhstan had a large net trade with Austria in the exports of Mineral Products ($1.85B), Metals ($10.6M), and Animal Products ($5.81M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Kazakhstan+$16.4MPackaged Medicaments
Top Product Potential Kazakhstan Austria+$3.17MFerroalloys

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

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

Product Space of Austria (Flag) and Kazakhstan (Flag) (2023)

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