2023
Exports
$299kWorld Rnk 50 / 97
Flag Rnk 729 / 1126
2023
PRODUCT COMPLEXITY IN Magnesium
0.96Rnk 189 / 1025
2023
Imports
$5.34MWorld Rnk 45 / 176
Flag Rnk 657 / 1194
2023
ECONOMIC COMPLEXITY of Kazakhstan
-0.18Rnk 71 / 132

About

Exports In 2023, Kazakhstan exported $299k in Magnesium, making it the 50th largest exporter of Magnesium in the world. At the same year, Magnesium was the 729th most exported product in Kazakhstan. The main destination of Magnesium exports from Kazakhstan are: United States ($126k), Gambia ($124k), Kyrgyzstan ($22.7k), Uzbekistan ($15k), and Russia ($8.76k).

The fastest growing export markets for Magnesium of Kazakhstan between 2022 and 2023 were Gambia ($124k), Kyrgyzstan ($22.6k), and Russia ($3.51k).

Imports In 2023, Kazakhstan imported $5.34M in Magnesium, becoming the 45th largest importer of Magnesium in the world. At the same year, Magnesium was the 657th most imported product in Kazakhstan. Kazakhstan imports Magnesium primarily from: Russia ($3.1M), China ($1.97M), Germany ($101k), United Kingdom ($93.9k), and Brazil ($28.2k).

The fastest growing import markets in Magnesium for Kazakhstan between 2022 and 2023 were Germany ($97.3k), United Kingdom ($93.9k), and Brazil ($28.2k).

Latest Trends

Jan 2025

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 Magnesium. 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)$299k
IMPORTS (2023)$5.34M
NET TRADE (2023)-$5.04M

In 2023, Kazakhstan exported $299k in Magnesium. The main destinations of Kazakhstan exports on Magnesium were United States ($126k), Gambia ($124k), Kyrgyzstan ($22.7k), Uzbekistan ($15k), and Russia ($8.76k).

In 2023, Kazakhstan imported $5.34M in Magnesium, mainly from Russia ($3.1M), China ($1.97M), Germany ($101k), United Kingdom ($93.9k), and Brazil ($28.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Kazakhstan WERE (2022 - 2023):
Gambia$124k (1%)
Kyrgyzstan$22.6k (18.1k%)
Russia$3.51k (66.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Kazakhstan WERE (2022 - 2023):
United States-$2.06M (-94.2%)
Uzbekistan-$9.37k (-38.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $375k
TOP IMPORT POTENTIALChina+ $2.91M

Magnesium’s highest export potential is United States. With an export gap of $375k.   Magnesium’s highest import potential is China with an import gap of $2.91M.

See methodology.

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