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

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.

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.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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, 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 2017 to $225M in 2022.

In 2017, 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 2022 to $68.5M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Kazakhstan (Flag)

Thailand Exports

Kazakhstan Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Thailand - Kazakhstan

Flow
Scale

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

During 2022, Thailand had a large net trade with Kazakhstan in the exports of Transportation ($138M), Machines ($38.4M), and Plastics and Rubbers ($16.8M).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Kazakhstan+$33.4MCars
Top Product Potential Kazakhstan Thailand+$93.4MCrude 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 Thailand and Kazakhstan. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Thailand.

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

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