2023
Flag  
GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
 GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 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
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Kazakhstan-Saudi Arabia Trade: In 2023, Kazakhstan exported $47.1M to Saudi Arabia. The main products that Kazakhstan exported to Saudi Arabia were Raw Zinc ($35.8M), Chemical Analysis Instruments ($1.36M), and Machinery Having Individual Functions ($1.29M). Over the past 5 years the exports of Kazakhstan to Saudi Arabia have increased at an annualized rate of 29.1%, from $13.1M in 2018 to $47.1M in 2023.

In 2023, Kazakhstan did not export any services to Saudi Arabia.

Saudi Arabia-Kazakhstan Trade: In 2023, Saudi Arabia exported $8.07M to Kazakhstan. The main products that Saudi Arabia exported to Kazakhstan were Industrial Fatty Acids, Oils and Alcohols ($1.41M), Non-woven Textiles ($954k), and Other Nitrogen Compounds ($735k). Over the past 5 years the exports of Saudi Arabia to Kazakhstan have decreased at an annualized rate of 13.2%,  from $16.4M in 2018 to $8.07M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Kazakhstan exported $47.1M to Saudi Arabia. The main products exported from Kazakhstan to Saudi Arabia were Raw Zinc ($35.8M), Chemical Analysis Instruments ($1.36M), and Machinery Having Individual Functions ($1.29M). During the last 5 years the exports of Kazakhstan to Saudi Arabia have increased at an annualized rate of 29.1%, from $13.1M in 2018 to $47.1M in 2023.

In 2018, Saudi Arabia exported $8.07M to Kazakhstan. The main products exported from Saudi Arabia to Kazakhstan were Industrial Fatty Acids, Oils and Alcohols ($1.41M), Non-woven Textiles ($954k), and Other Nitrogen Compounds ($735k). During the last 5 years the exports of Saudi Arabia to Kazakhstan have decreased at an annualized rate of 13.2%, from $16.4M in 2023 to $8.07M in 2018.

Exports from Kazakhstan (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Kazakhstan (Flag) (2023)

Latest Data

Trade between Kazakhstan (Flag) and Saudi Arabia (Flag)

Kazakhstan Exports

Saudi Arabia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$15.2B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Kazakhstan than Saudi Arabia included United Kingdom ($14.3B), Russia ($9.78B), and Uzbekistan ($3.04B).

In 2023, countries that imported more from Saudi Arabia than Kazakhstan included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Kazakhstan (Flag) (2023)

Comparative Advantage Kazakhstan - Saudi Arabia

Flow
Scale

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

During 2023, Kazakhstan had a large net trade with Saudi Arabia in the exports of Metals ($37.2M), Machines ($4M), and Mineral Products ($2.33M).

During 2018, Saudi Arabia had a large net trade with Kazakhstan in the exports of Chemical Products ($4.6M), Textiles ($958k), and Machines ($880k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Saudi Arabia+$2.02MFerroalloys
Top Product Potential Saudi Arabia Kazakhstan+$1.09MEthylene Polymers

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

Product Space of Kazakhstan (Flag) and Saudi Arabia (Flag) (2023)

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