2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC 
$12,919CURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC
$56,034CURRENT US$
Rnk 18 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195

About

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.

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.

Comparison: In 2023,  Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $1.88B in 2023.

In 2018, 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 2023 to $350M in 2018.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Austria (Flag)

Kazakhstan Exports

Austria Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Austria
Top Destination
Germany$51B

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

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

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

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

Comparative Advantage Kazakhstan - Austria

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Austria in the exports of Mineral Products ($1.85B), Metals ($10.6M), and Animal Products ($5.81M).

During 2018, Austria had a large net trade with Kazakhstan in the exports of Machines ($160M), Chemical Products ($67.4M), and Instruments ($21.8M).

Potential Exports

Potential Exports

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

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

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

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