Kazakhstan (KAZ) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Kazakhstan-Portugal Trade: In 2023, Kazakhstan exported $7.56M to Portugal. The main products that Kazakhstan exported to Portugal were Wheat ($3.49M), Plywood ($1.52M), and Ferroalloys ($1.39M). Over the past 5 years the exports of Kazakhstan to Portugal have decreased at an annualized rate of 61.7%, from $915M in 2018 to $7.56M in 2023.

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

Portugal-Kazakhstan Trade: In 2023, Portugal exported $43.7M to Kazakhstan. The main products that Portugal exported to Kazakhstan were Valves ($4.24M), Packaged Medicaments ($3.91M), and Electric Motors ($3.56M). Over the past 5 years the exports of Portugal to Kazakhstan have increased at an annualized rate of 16.2%, from $20.6M in 2018 to $43.7M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $7.56M to Portugal. The main products exported from Kazakhstan to Portugal were Wheat ($3.49M), Plywood ($1.52M), and Ferroalloys ($1.39M). During the last 5 years the exports of Kazakhstan to Portugal have decreased at an annualized rate of 61.7%, from $915M in 2018 to $7.56M in 2023.

In 2018, Portugal exported $43.7M to Kazakhstan. The main products exported from Portugal to Kazakhstan were Valves ($4.24M), Packaged Medicaments ($3.91M), and Electric Motors ($3.56M). During the last 5 years the exports of Portugal to Kazakhstan have increased at an annualized rate of 16.2%, from $20.6M in 2023 to $43.7M in 2018.

Exports from Kazakhstan () to Portugal () (2023)

Exports from Portugal () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Portugal ()

Kazakhstan Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Kazakhstan included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Portugal in the exports of Vegetable Products ($3.51M), Wood Products ($1.52M), and Metals ($1.39M).

During 2018, Portugal had a large net trade with Kazakhstan in the exports of Machines ($11.6M), Textiles ($8.09M), and Metals ($4.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Portugal+$233kCars

Top Product Potential Portugal Kazakhstan+$3.32MPackaged 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 Portugal. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Kazakhstan.

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Portugal () (2023)

Exports from Portugal () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Portugal ()

Kazakhstan Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Portugal () (2023)

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