Kazakhstan (KAZ) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Kazakhstan-Austria Trade: In 2022, Kazakhstan exported $1.44B to Austria. The main products that Kazakhstan exported to Austria were Crude Petroleum ($1.43B), Oxometallic or Peroxometallic Acid Salts ($2.41M), and Tantalum ($2.18M). Over the past 5 years the exports of Kazakhstan to Austria have increased at an annualized rate of 8.79%, from $945M in 2017 to $1.44B in 2022.

In 2022, Kazakhstan did not export any services to Austria.

Austria-Kazakhstan Trade: In 2022, Austria exported $245M to Kazakhstan. The main products that Austria exported to Kazakhstan were Packaged Medicaments ($52.1M), Vaccines, blood, antisera, toxins and cultures ($29.3M), and Orthopedic Appliances ($10.8M). Over the past 5 years the exports of Austria to Kazakhstan have increased at an annualized rate of 7.23%, from $173M in 2017 to $245M in 2022.

In 2022, Austria did not export any services to Kazakhstan.

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kazakhstan exported $1.44B to Austria. The main products exported from Kazakhstan to Austria were Crude Petroleum ($1.43B), Oxometallic or Peroxometallic Acid Salts ($2.41M), and Tantalum ($2.18M). During the last 5 years the exports of Kazakhstan to Austria have increased at an annualized rate of 8.79%, from $945M in 2017 to $1.44B in 2022.

In 2017, Austria exported $245M to Kazakhstan. The main products exported from Austria to Kazakhstan were Packaged Medicaments ($52.1M), Vaccines, blood, antisera, toxins and cultures ($29.3M), and Orthopedic Appliances ($10.8M). During the last 5 years the exports of Austria to Kazakhstan have increased at an annualized rate of 7.23%, from $173M in 2022 to $245M in 2017.

Exports from Kazakhstan () to Austria () (2022)

Exports from Austria () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Austria ()

Kazakhstan Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Austria
Top DestinationGermany$57.7B

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 2022, countries that imported more from Kazakhstan than Austria included China ($13.4B), Russia ($8.78B), and Uzbekistan ($3.68B).

In 2022, countries that imported more from Austria than Kazakhstan included Germany ($57.7B), United States ($14.4B), and Hungary ($10.4B).

Difference in imports from Austria () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Austria in the exports of Mineral Products ($1.43B), Metals ($3.45M), and Chemical Products ($2.42M).

During 2017, Austria had a large net trade with Kazakhstan in the exports of Chemical Products ($92.8M), Machines ($33M), and Instruments ($24.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Austria () (2022)

Exports from Austria () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Austria ()

Kazakhstan Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Austria () (2022)

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