2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 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
$99,565CURRENT US$
Rnk 5 / 196
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195

About

Kazakhstan-Switzerland Trade: In 2023, Kazakhstan exported $3.76B to Switzerland. The main products that Kazakhstan exported to Switzerland were Gold ($3.7B), Crude Petroleum ($32.6M), and Coal Briquettes ($5.69M). Over the past 5 years the exports of Kazakhstan to Switzerland have increased at an annualized rate of 30.1%, from $1.01B in 2018 to $3.76B in 2023.

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

Switzerland-Kazakhstan Trade: In 2023, Switzerland exported $419M to Kazakhstan. The main products that Switzerland exported to Kazakhstan were Packaged Medicaments ($71.1M), Vaccines, blood, antisera, toxins and cultures ($70.1M), and Electric Generating Sets ($27.3M). Over the past 5 years the exports of Switzerland to Kazakhstan have increased at an annualized rate of 17.4%,  from $188M in 2018 to $419M in 2023.

In 2023, Switzerland 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kazakhstan exported $3.76B to Switzerland. The main products exported from Kazakhstan to Switzerland were Gold ($3.7B), Crude Petroleum ($32.6M), and Coal Briquettes ($5.69M). During the last 5 years the exports of Kazakhstan to Switzerland have increased at an annualized rate of 30.1%, from $1.01B in 2018 to $3.76B in 2023.

In 2018, Switzerland exported $419M to Kazakhstan. The main products exported from Switzerland to Kazakhstan were Packaged Medicaments ($71.1M), Vaccines, blood, antisera, toxins and cultures ($70.1M), and Electric Generating Sets ($27.3M). During the last 5 years the exports of Switzerland to Kazakhstan have increased at an annualized rate of 17.4%, from $188M in 2023 to $419M in 2018.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Switzerland (Flag)

Kazakhstan Exports

Switzerland Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Switzerland
Top Destination
Germany$53.8B

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

In 2023, countries that imported more from Kazakhstan than Switzerland included Russia ($9.78B), Greece ($3.56B), and Uzbekistan ($3.04B).

In 2023, countries that imported more from Switzerland than Kazakhstan included Germany ($53.8B), United States ($45.1B), and China ($47.7B).

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

Comparative Advantage Kazakhstan - Switzerland

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Switzerland in the exports of Precious Metals ($3.7B), Mineral Products ($40.5M), and Metals ($7.97M).

During 2018, Switzerland had a large net trade with Kazakhstan in the exports of Chemical Products ($157M), Instruments ($89.5M), and Machines ($86.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Switzerland+$87.4MCrude Petroleum
Top Product Potential Switzerland Kazakhstan+$44.2MPackaged 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 Switzerland. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland indicates it has a comparative advantage over Kazakhstan.

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

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