Kazakhstan (KAZ) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Kazakhstan-Singapore Trade: In 2022, Kazakhstan exported $1.88B to Singapore. The main products that Kazakhstan exported to Singapore were Crude Petroleum ($1.81B), Refined Petroleum ($71.7M), and Iron Structures ($778k). Over the past 5 years the exports of Kazakhstan to Singapore have increased at an annualized rate of 84.8%, from $87.4M in 2017 to $1.88B in 2022.

In 2022, Kazakhstan did not export any services to Singapore.

Singapore-Kazakhstan Trade: In 2022, Singapore exported $87.8M to Kazakhstan. The main products that Singapore exported to Kazakhstan were Gas Turbines ($40.1M), Orthopedic Appliances ($5.05M), and Chemical Analysis Instruments ($4.32M). Over the past 5 years the exports of Singapore to Kazakhstan have increased at an annualized rate of 4.23%, from $40M in 2017 to $87.8M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kazakhstan exported $1.88B to Singapore. The main products exported from Kazakhstan to Singapore were Crude Petroleum ($1.81B), Refined Petroleum ($71.7M), and Iron Structures ($778k). During the last 5 years the exports of Kazakhstan to Singapore have increased at an annualized rate of 84.8%, from $87.4M in 2017 to $1.88B in 2022.

In 2017, Singapore exported $87.8M to Kazakhstan. The main products exported from Singapore to Kazakhstan were Gas Turbines ($40.1M), Orthopedic Appliances ($5.05M), and Chemical Analysis Instruments ($4.32M). During the last 5 years the exports of Singapore to Kazakhstan have increased at an annualized rate of 4.23%, from $40M in 2022 to $87.8M in 2017.

Exports from Kazakhstan () to Singapore () (2022)

Exports from Singapore () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Singapore ()

Kazakhstan Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Kazakhstan included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Singapore in the exports of Mineral Products ($1.88B), Metals ($823k), and Machines ($283k).

During 2017, Singapore had a large net trade with Kazakhstan in the exports of Machines ($53.5M), Instruments ($17.1M), and Chemical Products ($5.63M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Singapore+$387MCrude Petroleum

Top Product Potential Singapore Kazakhstan+$10.1MGas Turbines

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Singapore () (2022)

Exports from Singapore () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Singapore ()

Kazakhstan Exports

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Singapore () (2022)

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