2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Kazakhstan-Hong Kong Trade: In 2022, Kazakhstan exported $60.2M to Hong Kong. The main products that Kazakhstan exported to Hong Kong were Chromium Oxides and Hydroxides ($32.5M), Gold ($22.8M), and Preserved Meat ($808k). Over the past 5 years the exports of Kazakhstan to Hong Kong have increased at an annualized rate of 31.6%, from $15.3M in 2017 to $60.2M in 2022.

In 2022, Kazakhstan did not export any services to Hong Kong.

Hong Kong-Kazakhstan Trade: In 2022, Hong Kong exported $41.3M to Kazakhstan. The main products that Hong Kong exported to Kazakhstan were Calculators ($7.54M), Antibiotics ($3M), and Computers ($2.75M). Over the past 5 years the exports of Hong Kong to Kazakhstan have increased at an annualized rate of 11.3%,  from $24.2M in 2017 to $41.3M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $60.2M to Hong Kong. The main products exported from Kazakhstan to Hong Kong were Chromium Oxides and Hydroxides ($32.5M), Gold ($22.8M), and Preserved Meat ($808k). During the last 5 years the exports of Kazakhstan to Hong Kong have increased at an annualized rate of 31.6%, from $15.3M in 2017 to $60.2M in 2022.

In 2017, Hong Kong exported $41.3M to Kazakhstan. The main products exported from Hong Kong to Kazakhstan were Calculators ($7.54M), Antibiotics ($3M), and Computers ($2.75M). During the last 5 years the exports of Hong Kong to Kazakhstan have increased at an annualized rate of 11.3%, from $24.2M in 2022 to $41.3M in 2017.

Exports from Kazakhstan (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Kazakhstan (Flag) (2022)

Latest Data

Trade between Kazakhstan (Flag) and Hong Kong (Flag)

Kazakhstan Exports

Hong Kong Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Kazakhstan than Hong Kong included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

In 2022, countries that imported more from Hong Kong than Kazakhstan included India ($14.3B), China ($23.4B), and Malaysia ($3.84B).

Difference in imports from Hong Kong (Flag) and Kazakhstan (Flag) (2022)

Comparative Advantage Kazakhstan - Hong Kong

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Hong Kong in the exports of Chemical Products ($33M), Precious Metals ($22.8M), and Machines ($1.73M).

During 2017, Hong Kong had a large net trade with Kazakhstan in the exports of Machines ($20.7M), Textiles ($5.84M), and Footwear and Headwear ($4.83M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Hong Kong+$43.2MGold
Top Product Potential Hong Kong Kazakhstan+$5.58MComputers

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

Product Space of Kazakhstan (Flag) and Hong Kong (Flag) (2022)

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