2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
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 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
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GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Norway-Kazakhstan Trade: In 2023, Norway exported $121M to Kazakhstan. The main products that Norway exported to Kazakhstan were Non-fillet Frozen Fish ($73.8M), Titanium Ore ($21.2M), and Non-fillet Fresh Fish ($6.31M). Over the past 5 years the exports of Norway to Kazakhstan have increased at an annualized rate of 19.1%, from $50.4M in 2018 to $121M in 2023.

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

Kazakhstan-Norway Trade: In 2023, Kazakhstan exported $11.5M to Norway. The main products that Kazakhstan exported to Norway were Other Vegetable Residues ($2.42M), Wheat ($2.16M), and Linseed ($2.04M). Over the past 5 years the exports of Kazakhstan to Norway have decreased at an annualized rate of 8.87%,  from $18.3M in 2018 to $11.5M in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $121M to Kazakhstan. The main products exported from Norway to Kazakhstan were Non-fillet Frozen Fish ($73.8M), Titanium Ore ($21.2M), and Non-fillet Fresh Fish ($6.31M). During the last 5 years the exports of Norway to Kazakhstan have increased at an annualized rate of 19.1%, from $50.4M in 2018 to $121M in 2023.

In 2018, Kazakhstan exported $11.5M to Norway. The main products exported from Kazakhstan to Norway were Other Vegetable Residues ($2.42M), Wheat ($2.16M), and Linseed ($2.04M). During the last 5 years the exports of Kazakhstan to Norway have decreased at an annualized rate of 8.87%, from $18.3M in 2023 to $11.5M in 2018.

Exports from Norway (Flag) to Kazakhstan (Flag) (2023)

Exports from Kazakhstan (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Norway than Kazakhstan included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Kazakhstan than Norway included China ($15.2B), Russia ($9.78B), and Turkey ($5.42B).

Difference in imports from Kazakhstan (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Kazakhstan

Flow
Scale

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

During 2023, Norway had a large net trade with Kazakhstan in the exports of Animal Products ($84.1M), Mineral Products ($21.2M), and Machines ($5.09M).

During 2018, Kazakhstan had a large net trade with Norway in the exports of Vegetable Products ($5.99M), Foodstuffs ($2.42M), and Metals ($1.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Kazakhstan+$1.56MFish Fillets
Top Product Potential Kazakhstan Norway+$3.92MCoal Briquettes

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

Product Space of Norway (Flag) and Kazakhstan (Flag) (2023)

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