Greece (GRC) and Kazakhstan (KAZ) Trade | The Observatory of Economic Complexity

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Greece-Kazakhstan Trade: In 2023, Greece exported $44.8M to Kazakhstan. The main products that Greece exported to Kazakhstan were Packaged Medicaments ($10.5M), Stone Processing Machines ($6.43M), and Jams ($3.93M). Over the past 5 years the exports of Greece to Kazakhstan have increased at an annualized rate of 18.1%, from $19.5M in 2018 to $44.8M in 2023.

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

Kazakhstan-Greece Trade: In 2023, Kazakhstan exported $3.56B to Greece. The main products that Kazakhstan exported to Greece were Crude Petroleum ($3.07B), Refined Petroleum ($364M), and Raw Aluminium ($98.1M). Over the past 5 years the exports of Kazakhstan to Greece have increased at an annualized rate of 13.8%, from $1.87B in 2018 to $3.56B in 2023.

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

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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, Greece exported $44.8M to Kazakhstan. The main products exported from Greece to Kazakhstan were Packaged Medicaments ($10.5M), Stone Processing Machines ($6.43M), and Jams ($3.93M). During the last 5 years the exports of Greece to Kazakhstan have increased at an annualized rate of 18.1%, from $19.5M in 2018 to $44.8M in 2023.

In 2018, Kazakhstan exported $3.56B to Greece. The main products exported from Kazakhstan to Greece were Crude Petroleum ($3.07B), Refined Petroleum ($364M), and Raw Aluminium ($98.1M). During the last 5 years the exports of Kazakhstan to Greece have increased at an annualized rate of 13.8%, from $1.87B in 2023 to $3.56B in 2018.

Exports from Greece () to Kazakhstan () (2023)

Exports from Kazakhstan () to Greece () (2023)

Latest Data

Trade between Greece () and Kazakhstan ()

Greece Exports

Date

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Greece than Kazakhstan included Cyprus ($3.03B), Bulgaria ($2.38B), and Lebanon ($1.78B).

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

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

Comparative Advantage Greece - Kazakhstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Kazakhstan in the exports of Chemical Products ($16.6M), Machines ($9.03M), and Foodstuffs ($6.95M).

During 2018, Kazakhstan had a large net trade with Greece in the exports of Mineral Products ($3.43B), Metals ($112M), and Vegetable Products ($10.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Kazakhstan+$5.43MPackaged Medicaments

Top Product Potential Kazakhstan Greece+$30.4MRefined 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 Greece and Kazakhstan. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Kazakhstan () (2023)

Exports from Kazakhstan () to Greece () (2023)

Latest Data

Trade between Greece () and Kazakhstan ()

Greece Exports

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Greece - Kazakhstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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