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

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.

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.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, 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 2018 to $8.07M in 2023.

In 2018, 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 2023 to $47.1M in 2018.

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

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

Latest Data

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

Saudi Arabia Exports

Kazakhstan Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Saudi Arabia - Kazakhstan

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Kazakhstan in the exports of Chemical Products ($4.6M), Textiles ($958k), and Machines ($880k).

During 2018, Kazakhstan had a large net trade with Saudi Arabia in the exports of Metals ($37.2M), Machines ($4M), and Mineral Products ($2.33M).

Potential Exports

Potential Exports

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

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

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

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