Finland (FIN) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

About

Finland-Kazakhstan Trade: In 2023, Finland exported $276M to Kazakhstan. The main products that Finland exported to Kazakhstan were Other Construction Vehicles ($20.7M), Tractors ($16.9M), and Stone Processing Machines ($13.2M). Over the past 5 years the exports of Finland to Kazakhstan have increased at an annualized rate of 13.9%, from $144M in 2018 to $276M in 2023.

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

Kazakhstan-Finland Trade: In 2023, Kazakhstan exported $8.5M to Finland. The main products that Kazakhstan exported to Finland were Ferroalloys ($2.55M), Other Vegetable Residues ($1.32M), and Raw Aluminium ($936k). Over the past 5 years the exports of Kazakhstan to Finland have decreased at an annualized rate of 44.2%, from $157M in 2018 to $8.5M in 2023.

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

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). 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, Finland exported $276M to Kazakhstan. The main products exported from Finland to Kazakhstan were Other Construction Vehicles ($20.7M), Tractors ($16.9M), and Stone Processing Machines ($13.2M). During the last 5 years the exports of Finland to Kazakhstan have increased at an annualized rate of 13.9%, from $144M in 2018 to $276M in 2023.

In 2018, Kazakhstan exported $8.5M to Finland. The main products exported from Kazakhstan to Finland were Ferroalloys ($2.55M), Other Vegetable Residues ($1.32M), and Raw Aluminium ($936k). During the last 5 years the exports of Kazakhstan to Finland have decreased at an annualized rate of 44.2%, from $157M in 2023 to $8.5M in 2018.

Exports from Finland () to Kazakhstan () (2023)

Exports from Kazakhstan () to Finland () (2023)

Latest Data

Trade between Finland () and Kazakhstan ()

Finland Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Finland than Kazakhstan included Sweden ($8.13B), United States ($9.68B), and Germany ($9.26B).

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

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

Comparative Advantage Finland - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Kazakhstan in the exports of Machines ($110M), Transportation ($42.2M), and Chemical Products ($27.4M).

During 2018, Kazakhstan had a large net trade with Finland in the exports of Metals ($3.95M), Foodstuffs ($1.32M), and Mineral Products ($1.25M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Kazakhstan+$9.69MCars

Top Product Potential Kazakhstan Finland+$53.6MCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Kazakhstan () (2023)

Exports from Kazakhstan () to Finland () (2023)

Latest Data

Trade between Finland () and Kazakhstan ()

Finland Exports

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Finland - Kazakhstan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring