2022
Exports
$714MWorld Rnk 17 / 128
Flag Rnk 18 / 1115
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$94.1kWorld Rnk 80 / 130
Flag Rnk 1085 / 1197
2022
ECONOMIC COMPLEXITY of Kazakhstan
-0.17Rnk 73 / 133

About

Exports In 2022, Kazakhstan exported $714M in Iron Ore, making it the 17th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 18th most exported product in Kazakhstan. The main destination of Iron Ore exports from Kazakhstan are: China ($456M), Russia ($256M), Kyrgyzstan ($2.06M), Uzbekistan ($40.5k), and France ($378).

The fastest growing export markets for Iron Ore of Kazakhstan between 2021 and 2022 were Kyrgyzstan ($136k), Uzbekistan ($14.8k), and Turkey ($192).

Imports In 2022, Kazakhstan imported $94.1k in Iron Ore, becoming the 80th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1085th most imported product in Kazakhstan. Kazakhstan imports Iron Ore primarily from: Russia ($83.5k), United States ($9.68k), Canada ($858), and Turkey ($5).

The fastest growing import markets in Iron Ore for Kazakhstan between 2021 and 2022 were United States ($9.68k), Canada ($858), and Turkey ($5).

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 Iron Ore. 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)$714M
IMPORTS (2022)$94.1k
NET TRADE (2022)$714M

In 2022, Kazakhstan exported $714M in Iron Ore. The main destinations of Kazakhstan exports on Iron Ore were China ($456M), Russia ($256M), Kyrgyzstan ($2.06M), Uzbekistan ($40.5k), and France ($378).

In 2022, Kazakhstan imported $94.1k in Iron Ore, mainly from Russia ($83.5k), United States ($9.68k), Canada ($858), and Turkey ($5).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Kazakhstan WERE (2021 - 2022):
Kyrgyzstan$136k (7.08%)
Uzbekistan$14.8k (57.9%)
Turkey$192 (211%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Kazakhstan WERE (2021 - 2022):
Russia-$882M (-77.5%)
China-$7.02M (-1.52%)
Turkmenistan-$9.58k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kazakhstan's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Kazakhstan's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $455M
TOP IMPORT POTENTIALRussia+ $100k

Iron Ore’s highest export potential is China. With an export gap of $455M.   Iron Ore’s highest import potential is Russia with an import gap of $100k.

See methodology.

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