2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Kazakhstan-Thailand Trade: In 2022, Kazakhstan exported $68.5M to Thailand. The main products that Kazakhstan exported to Thailand were Crude Petroleum ($35.2M), Gold ($27.1M), and Ferroalloys ($1.84M). Over the past 5 years the exports of Kazakhstan to Thailand have increased at an annualized rate of 10.4%, from $41.7M in 2017 to $68.5M in 2022.

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

Thailand-Kazakhstan Trade: In 2022, Thailand exported $225M to Kazakhstan. The main products that Thailand exported to Kazakhstan were Cars ($69.4M), Delivery Trucks ($67.5M), and Large Construction Vehicles ($12.5M). Over the past 5 years the exports of Thailand to Kazakhstan have increased at an annualized rate of 18.5%,  from $96.2M in 2017 to $225M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $68.5M to Thailand. The main products exported from Kazakhstan to Thailand were Crude Petroleum ($35.2M), Gold ($27.1M), and Ferroalloys ($1.84M). During the last 5 years the exports of Kazakhstan to Thailand have increased at an annualized rate of 10.4%, from $41.7M in 2017 to $68.5M in 2022.

In 2017, Thailand exported $225M to Kazakhstan. The main products exported from Thailand to Kazakhstan were Cars ($69.4M), Delivery Trucks ($67.5M), and Large Construction Vehicles ($12.5M). During the last 5 years the exports of Thailand to Kazakhstan have increased at an annualized rate of 18.5%, from $96.2M in 2022 to $225M in 2017.

Exports from Kazakhstan (Flag) to Thailand (Flag) (2022)

Exports from Thailand (Flag) to Kazakhstan (Flag) (2022)

Latest Data

Trade between Kazakhstan (Flag) and Thailand (Flag)

Kazakhstan Exports

Thailand Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Kazakhstan than Thailand included Italy ($12.4B), Russia ($8.78B), and Uzbekistan ($3.68B).

In 2022, countries that imported more from Thailand than Kazakhstan included United States ($53.4B), Japan ($24.6B), and China ($35.3B).

Difference in imports from Thailand (Flag) and Kazakhstan (Flag) (2022)

Comparative Advantage Kazakhstan - Thailand

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Thailand in the exports of Mineral Products ($36.2M), Precious Metals ($27.1M), and Chemical Products ($2.91M).

During 2017, Thailand had a large net trade with Kazakhstan in the exports of Transportation ($138M), Machines ($38.4M), and Plastics and Rubbers ($16.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Thailand+$93.4MCrude Petroleum
Top Product Potential Thailand Kazakhstan+$33.4MCars

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

Product Space of Kazakhstan (Flag) and Thailand (Flag) (2022)

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