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2023
Flag → Flag
Exports $1.12BRnk 63 / 219
2023
Flag → Flag
Top Product $81.5MValves
2023
Flag → Flag
Exports $4.63BRnk 5 / 144
2023
Flag → Flag
Top Product $3.95BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.18Rnk 71 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH-4.15%CURRENT US$
Rnk 158 / 195

About

Italy-Kazakhstan Trade: In 2023, Italy exported $1.12B to Kazakhstan. The main products that Italy exported to Kazakhstan were Valves ($81.5M), Packaged Medicaments ($76.5M), and Other Edible Preparations ($32.5M). Over the past 5 years the exports of Italy to Kazakhstan have decreased at an annualized rate of 4.92%, from $1.44B in 2018 to $1.12B in 2023.

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

Kazakhstan-Italy Trade: In 2023, Kazakhstan exported $4.63B to Italy. The main products that Kazakhstan exported to Italy were Crude Petroleum ($3.95B), Wheat ($151M), and Raw Aluminium ($141M). Over the past 5 years the exports of Kazakhstan to Italy have increased at an annualized rate of 16.3%,  from $2.18B in 2018 to $4.63B in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Latest Trends

October, 2024

About

Overview In October 2024, Italy exported €82.3M and imported €521M from Kazakhstan, resulting in a negative trade balance of €438M. Between October 2023 and October 2024 the exports of Italy have increased by €32.5M (65.4%) from €49.8M to €82.3M, while imports increased by €84.7M (19.4%) from €436M to €521M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)€32.5M(65.4%)
IMPORT GROWTH (October 2023 - October 2024)€84.7M(19.4%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Kazakhstan and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Kazakhstan and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $1.12B to Kazakhstan. The main products exported from Italy to Kazakhstan were Valves ($81.5M), Packaged Medicaments ($76.5M), and Other Edible Preparations ($32.5M). During the last 5 years the exports of Italy to Kazakhstan have decreased at an annualized rate of 4.92%, from $1.44B in 2018 to $1.12B in 2023.

In 2018, Kazakhstan exported $4.63B to Italy. The main products exported from Kazakhstan to Italy were Crude Petroleum ($3.95B), Wheat ($151M), and Raw Aluminium ($141M). During the last 5 years the exports of Kazakhstan to Italy have increased at an annualized rate of 16.3%, from $2.18B in 2023 to $4.63B in 2018.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Kazakhstan
Top DestinationChina$15.2B

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

In 2023, countries that imported more from Italy than Kazakhstan included United States ($70.9B), Germany ($71.4B), and France ($61.1B).

In 2023, countries that imported more from Kazakhstan than Italy included Russia ($9.78B), Uzbekistan ($3.04B), and Kyrgyzstan ($1.09B).

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

Comparative Advantage Italy - Kazakhstan

Flow
Scale

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

During 2023, Italy had a large net trade with Kazakhstan in the exports of Machines ($431M), Chemical Products ($168M), and Metals ($96M).

During 2018, Kazakhstan had a large net trade with Italy in the exports of Mineral Products ($4.05B), Metals ($376M), and Vegetable Products ($152M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Kazakhstan+$30.8MPackaged Medicaments
Top Product Potential Kazakhstan Italy+$110MGold

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

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

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