2023
Exports
$43.8BWorld Rnk 23 / 219
Flag Rnk 1 / 96
2023
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.38Rnk 423 / 1025
2023
Imports
$1.82BWorld Rnk 109 / 226
Flag Rnk 9 / 96
2023
ECONOMIC COMPLEXITY of Kazakhstan
-0.18Rnk 71 / 132

About

Exports In 2023, Kazakhstan exported $43.8B in Mineral fuels, mineral oils and products of their distillation, making it the 23rd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Kazakhstan. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Kazakhstan are: China ($5.42B), Italy ($4.05B), South Korea ($3.65B), Netherlands ($3.57B), and Greece ($3.43B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Kazakhstan between 2022 and 2023 were Italy ($1.33B), Romania ($915M), and Greece ($851M).

Imports In 2023, Kazakhstan imported $1.82B in Mineral fuels, mineral oils and products of their distillation, becoming the 109th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 9th most imported product in Kazakhstan. Kazakhstan imports Mineral fuels, mineral oils and products of their distillation primarily from: Russia ($1.38B), Turkmenistan ($96.2M), Kyrgyzstan ($55.3M), Gambia ($45.1M), and Belgium ($39.9M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Kazakhstan between 2022 and 2023 were Turkmenistan ($53.2M), Gambia ($45.1M), and Kyrgyzstan ($44M).

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 Mineral fuels, mineral oils and products of their distillation. 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)$43.8B
IMPORTS (2023)$1.82B
NET TRADE (2023)$41.9B

In 2023, Kazakhstan exported $43.8B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Kazakhstan exports on Mineral fuels, mineral oils and products of their distillation were China ($5.42B), Italy ($4.05B), South Korea ($3.65B), Netherlands ($3.57B), and Greece ($3.43B).

In 2023, Kazakhstan imported $1.82B in Mineral fuels, mineral oils and products of their distillation, mainly from Russia ($1.38B), Turkmenistan ($96.2M), Kyrgyzstan ($55.3M), Gambia ($45.1M), and Belgium ($39.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Kazakhstan WERE (2022 - 2023):
Italy$1.33B (49.1%)
Romania$915M (55.5%)
Greece$851M (33%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Kazakhstan WERE (2022 - 2023):
India-$1.37B (-80.3%)
Netherlands-$1.31B (-26.9%)
Turkey-$1.04B (-23.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kazakhstan's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2023, Kazakhstan's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $6B
TOP IMPORT POTENTIALRussia+ $66.2M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is China. With an export gap of $6B.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is Russia with an import gap of $66.2M.

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