2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Russia-Kazakhstan Trade: In 2022, Russia exported $16.5B to Kazakhstan. The main products that Russia exported to Kazakhstan were Refined Petroleum ($495M), Semi-Finished Iron ($377M), and Precious Metal Ore ($289M). Over the past 5 years the exports of Russia to Kazakhstan have increased at an annualized rate of 4.17%, from $13.5B in 2017 to $16.5B in 2022.

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.

Kazakhstan-Russia Trade: In 2022, Kazakhstan exported $8.78B to Russia. The main products that Kazakhstan exported to Russia were Radioactive Chemicals ($959M), Hot-Rolled Iron ($473M), and Precious Metal Ore ($339M). Over the past 5 years the exports of Kazakhstan to Russia have increased at an annualized rate of 8.66%,  from $4.91B in 2017 to $8.78B in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $16.5B to Kazakhstan. The main products exported from Russia to Kazakhstan were Refined Petroleum ($495M), Semi-Finished Iron ($377M), and Precious Metal Ore ($289M). During the last 5 years the exports of Russia to Kazakhstan have increased at an annualized rate of 4.17%, from $13.5B in 2017 to $16.5B in 2022.

In 2017, Kazakhstan exported $8.78B to Russia. The main products exported from Kazakhstan to Russia were Radioactive Chemicals ($959M), Hot-Rolled Iron ($473M), and Precious Metal Ore ($339M). During the last 5 years the exports of Kazakhstan to Russia have increased at an annualized rate of 8.66%, from $4.91B in 2022 to $8.78B in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Russia than Kazakhstan included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Kazakhstan than Russia included United Kingdom ($8.01B), Austria ($1.44B), and Afghanistan ($979M).

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

Comparative Advantage Russia - Kazakhstan

Flow
Scale

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

During 2022, Russia had a large net trade with Kazakhstan in the exports of Metals ($2.92B), Machines ($2.35B), and Mineral Products ($1.94B).

During 2017, Kazakhstan had a large net trade with Russia in the exports of Metals ($2.05B), Mineral Products ($1.83B), and Chemical Products ($1.7B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Kazakhstan+$112MRefined Petroleum
Top Product Potential Kazakhstan Russia+$49.7MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with