Denmark (DNK) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Denmark-Kazakhstan Trade: In 2023, Denmark exported $143M to Kazakhstan. The main products that Denmark exported to Kazakhstan were Packaged Medicaments ($15.5M), Bovine ($10.7M), and Reaction and Catalytic Products ($8.8M). Over the past 5 years the exports of Denmark to Kazakhstan have increased at an annualized rate of 11.6%, from $82.6M in 2018 to $143M in 2023.

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

Kazakhstan-Denmark Trade: In 2023, Kazakhstan exported $44.5M to Denmark. The main products that Kazakhstan exported to Denmark were Wood Carpentry ($9.05M), Hydrogen ($8.88M), and Other Vegetable Residues ($8.45M). Over the past 5 years the exports of Kazakhstan to Denmark have increased at an annualized rate of 47.3%, from $6.41M in 2018 to $44.5M in 2023.

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

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). 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, Denmark exported $143M to Kazakhstan. The main products exported from Denmark to Kazakhstan were Packaged Medicaments ($15.5M), Bovine ($10.7M), and Reaction and Catalytic Products ($8.8M). During the last 5 years the exports of Denmark to Kazakhstan have increased at an annualized rate of 11.6%, from $82.6M in 2018 to $143M in 2023.

In 2018, Kazakhstan exported $44.5M to Denmark. The main products exported from Kazakhstan to Denmark were Wood Carpentry ($9.05M), Hydrogen ($8.88M), and Other Vegetable Residues ($8.45M). During the last 5 years the exports of Kazakhstan to Denmark have increased at an annualized rate of 47.3%, from $6.41M in 2023 to $44.5M in 2018.

Exports from Denmark () to Kazakhstan () (2023)

Exports from Kazakhstan () to Denmark () (2023)

Latest Data

Trade between Denmark () and Kazakhstan ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Denmark than Kazakhstan included Germany ($14.8B), Sweden ($11.2B), and United States ($12B).

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

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

Comparative Advantage Denmark - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Kazakhstan in the exports of Machines ($49.6M), Chemical Products ($46.2M), and Animal Products ($14M).

During 2018, Kazakhstan had a large net trade with Denmark in the exports of Wood Products ($10.1M), Chemical Products ($8.9M), and Foodstuffs ($8.45M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Kazakhstan+$16MPackaged Medicaments

Top Product Potential Kazakhstan Denmark+$10.6MRefined Petroleum

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 Denmark and Kazakhstan. This means that a dot/product with the flag of Denmark indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Denmark.

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Historical Data

Bilateral Trade by Products

Exports from Denmark () to Kazakhstan () (2023)

Exports from Kazakhstan () to Denmark () (2023)

Latest Data

Trade between Denmark () and Kazakhstan ()

Denmark Exports

Market Competitiveness

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

Comparative Advantage Denmark - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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