2023
Exports
$18.2BWorld Rnk 9 / 167
Flag Rnk 2 / 1126
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$153MWorld Rnk 53 / 174
Flag Rnk 116 / 1194
2023
ECONOMIC COMPLEXITY of Kazakhstan
-0.18Rnk 71 / 132

About

Exports In 2023, Kazakhstan exported $18.2B in Gold, making it the 9th largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Kazakhstan. The main destination of Gold exports from Kazakhstan are: United Kingdom ($13.7B), Switzerland ($3.7B), Singapore ($234M), Kyrgyzstan ($214M), and Canada ($187M).

The fastest growing export markets for Gold of Kazakhstan between 2022 and 2023 were United Kingdom ($7.09B), Switzerland ($949M), and Singapore ($234M).

Imports In 2023, Kazakhstan imported $153M in Gold, becoming the 53rd largest importer of Gold in the world. At the same year, Gold was the 116th most imported product in Kazakhstan. Kazakhstan imports Gold primarily from: Russia ($153M), Japan ($147k), Germany ($50.8k), United Kingdom ($28.2k), and Italy ($23.8k).

The fastest growing import markets in Gold for Kazakhstan between 2022 and 2023 were Japan ($147k), Germany ($50.8k), and United Kingdom ($28.2k).

Latest Trends

Dec 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 Gold. 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 (2023)$18.2B
IMPORTS (2023)$153M
NET TRADE (2023)$18.1B

In 2023, Kazakhstan exported $18.2B in Gold. The main destinations of Kazakhstan exports on Gold were United Kingdom ($13.7B), Switzerland ($3.7B), Singapore ($234M), Kyrgyzstan ($214M), and Canada ($187M).

In 2023, Kazakhstan imported $153M in Gold, mainly from Russia ($153M), Japan ($147k), Germany ($50.8k), United Kingdom ($28.2k), and Italy ($23.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Kazakhstan WERE (2022 - 2023):
United Kingdom$7.09B (108%)
Switzerland$949M (34.5%)
Singapore$234M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Kazakhstan WERE (2022 - 2023):
Italy-$85M (-100%)
China-$72.1M (-100%)
Germany-$56.3M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kazakhstan's main exporting competitors in Gold were:
In 2023, Kazakhstan's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $292M
TOP IMPORT POTENTIALItaly+ $209k

Gold’s highest export potential is China. With an export gap of $292M.   Gold’s highest import potential is Italy with an import gap of $209k.

See methodology.

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