2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 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

In N/A, Sweden did not export any services to Kazakhstan.

Kazakhstan-Sweden Trade: In N/A, Kazakhstan exported $164M to Sweden. The main products that Kazakhstan exported to Sweden were Crude Petroleum ($68.4M), Refined Petroleum ($26.1M), and Ferroalloys ($21.7M). Over the past N/A years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 10.5%,  from $285M in N/A to $164M in N/A.

In N/A, Kazakhstan did not export any services to Sweden.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). 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

Sweden does not register exports to Kazakhstan. The main products exported from Sweden to Kazakhstan were Tractors ($93.1M), Delivery Trucks ($27.5M), and Other Construction Vehicles ($25.2M).

In 2018, Kazakhstan exported $164M to Sweden. The main products exported from Kazakhstan to Sweden were Crude Petroleum ($68.4M), Refined Petroleum ($26.1M), and Ferroalloys ($21.7M). During the last 5 years the exports of Kazakhstan to Sweden have decreased at an annualized rate of 10.5%, from $285M in 2023 to $164M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Sweden than Kazakhstan included United States ($18.1B), Germany ($18.4B), and Denmark ($14.4B).

In 2023, countries that imported more from Kazakhstan than Sweden included Russia ($9.78B), China ($15.2B), and United Kingdom ($14.3B).

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

Comparative Advantage Sweden - Kazakhstan

Flow
Scale

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

During 2018, Kazakhstan had a large net trade with Sweden in the exports of Mineral Products ($104M), Metals ($31M), and Foodstuffs ($15.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Kazakhstan+$13.8MPackaged Medicaments
Top Product Potential Kazakhstan Sweden+$25.3MRefined Petroleum

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

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

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