2022
Exports
$47.6BWorld Rnk 10 / 149
Flag Rnk 1 / 1115
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$271kWorld Rnk 101 / 158
Flag Rnk 1022 / 1197
2022
ECONOMIC COMPLEXITY of Kazakhstan
-0.17Rnk 73 / 133

About

Exports In 2022, Kazakhstan exported $47.6B in Crude Petroleum, making it the 10th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Kazakhstan. The main destination of Crude Petroleum exports from Kazakhstan are: Italy ($11.6B), South Korea ($4.39B), Netherlands ($4.3B), China ($4.1B), and Turkey ($2.9B).

The fastest growing export markets for Crude Petroleum of Kazakhstan between 2021 and 2022 were Italy ($2.98B), South Korea ($2.69B), and China ($2.24B).

Imports In 2022, Kazakhstan imported $271k in Crude Petroleum, becoming the 101st largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1022nd most imported product in Kazakhstan. Kazakhstan imports Crude Petroleum primarily from: Russia ($270k), Netherlands ($800), and Germany ($668).

The fastest growing import markets in Crude Petroleum for Kazakhstan between 2021 and 2022 were Russia ($81.3k) and Germany ($668).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$47.6B
IMPORTS (2022)$271k
NET TRADE (2022)$47.6B

In 2022, Kazakhstan exported $47.6B in Crude Petroleum. The main destinations of Kazakhstan exports on Crude Petroleum were Italy ($11.6B), South Korea ($4.39B), Netherlands ($4.3B), China ($4.1B), and Turkey ($2.9B).

In 2022, Kazakhstan imported $271k in Crude Petroleum, mainly from Russia ($270k), Netherlands ($800), and Germany ($668).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Kazakhstan WERE (2021 - 2022):
Italy$2.98B (34.5%)
South Korea$2.69B (159%)
China$2.24B (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Kazakhstan WERE (2021 - 2022):
Brunei-$348M (-39.2%)
Croatia-$294M (-52.1%)
Bulgaria-$237M (-82.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kazakhstan's main exporting competitors in Crude Petroleum were:
In 2022, Kazakhstan's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $4.77B
TOP IMPORT POTENTIALRussia+ $723k

Crude Petroleum’s highest export potential is China. With an export gap of $4.77B.   Crude Petroleum’s highest import potential is Russia with an import gap of $723k.

See methodology.

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