Kazakhstan (KAZ) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Kazakhstan-Russia Trade: In 2023, Kazakhstan exported $9.78B to Russia. The main products that Kazakhstan exported to Russia were Radioactive Chemicals ($1.59B), Hot-Rolled Iron ($442M), and Iron Ore ($375M). Over the past 5 years the exports of Kazakhstan to Russia have increased at an annualized rate of 12.7%, from $5.39B in 2018 to $9.78B in 2023.

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

Russia-Kazakhstan Trade: In 2023, Russia exported $16.1B to Kazakhstan. The main products that Russia exported to Kazakhstan were Refined Petroleum ($597M), Other Large Iron Pipes ($458M), and Semi-Finished Iron ($400M). Over the past 5 years the exports of Russia to Kazakhstan have increased at an annualized rate of 4.18%, from $13.2B in 2018 to $16.1B in 2023.

In 2020, Russia exported services to Kazakhstan worth $1.72B, with Transportation ($678M), Travel ($439M), and Other business services ($312M) being the largest in terms of value.

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $9.78B to Russia. The main products exported from Kazakhstan to Russia were Radioactive Chemicals ($1.59B), Hot-Rolled Iron ($442M), and Iron Ore ($375M). During the last 5 years the exports of Kazakhstan to Russia have increased at an annualized rate of 12.7%, from $5.39B in 2018 to $9.78B in 2023.

In 2018, Russia exported $16.1B to Kazakhstan. The main products exported from Russia to Kazakhstan were Refined Petroleum ($597M), Other Large Iron Pipes ($458M), and Semi-Finished Iron ($400M). During the last 5 years the exports of Russia to Kazakhstan have increased at an annualized rate of 4.18%, from $13.2B in 2023 to $16.1B in 2018.

Exports from Kazakhstan () to Russia () (2023)

Exports from Russia () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Russia ()

Kazakhstan Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Kazakhstan than Russia included United Kingdom ($14.3B), South Korea ($3.81B), and Romania ($2.65B).

In 2023, countries that imported more from Russia than Kazakhstan included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Kazakhstan - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Russia in the exports of Chemical Products ($2.39B), Metals ($1.8B), and Machines ($1.79B).

During 2018, Russia had a large net trade with Kazakhstan in the exports of Metals ($3.31B), Foodstuffs ($1.88B), and Mineral Products ($1.83B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Russia+$49.7MTelephones

Top Product Potential Russia Kazakhstan+$112MRefined Petroleum

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Kazakhstan worth $1.72B, with Transportation ($678M), Travel ($439M), and Other business services ($312M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Kazakhstan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Kazakhstan and Russia. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Kazakhstan.

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Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Russia () (2023)

Exports from Russia () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Russia ()

Kazakhstan Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Kazakhstan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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