Kazakhstan (KAZ) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Kazakhstan-Denmark Trade: In 2022, Kazakhstan exported $38.3M to Denmark. The main products that Kazakhstan exported to Denmark were Hydrogen ($10.9M), Refined Petroleum ($10.6M), and Fish Fillets ($5.84M). Over the past 5 years the exports of Kazakhstan to Denmark have decreased at an annualized rate of 11.3%, from $70M in 2017 to $38.3M in 2022.

In 2022, Kazakhstan did not export any services to Denmark.

Denmark-Kazakhstan Trade: In 2022, Denmark exported $79.9M to Kazakhstan. The main products that Denmark exported to Kazakhstan were Packaged Medicaments ($15.2M), Valves ($5.57M), and Cleaning Products ($3.53M). Over the past 5 years the exports of Denmark to Kazakhstan have decreased at an annualized rate of 4.58%, from $101M in 2017 to $79.9M in 2022.

In 2022, Denmark did not export any services to Kazakhstan.

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kazakhstan exported $38.3M to Denmark. The main products exported from Kazakhstan to Denmark were Hydrogen ($10.9M), Refined Petroleum ($10.6M), and Fish Fillets ($5.84M). During the last 5 years the exports of Kazakhstan to Denmark have decreased at an annualized rate of 11.3%, from $70M in 2017 to $38.3M in 2022.

In 2017, Denmark exported $79.9M to Kazakhstan. The main products exported from Denmark to Kazakhstan were Packaged Medicaments ($15.2M), Valves ($5.57M), and Cleaning Products ($3.53M). During the last 5 years the exports of Denmark to Kazakhstan have decreased at an annualized rate of 4.58%, from $101M in 2022 to $79.9M in 2017.

Exports from Kazakhstan () to Denmark () (2022)

Exports from Denmark () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Denmark ()

Kazakhstan Exports

Date

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Denmark
Top DestinationGermany$18.9B

This map shows whether countries import more from Kazakhstan or Denmark. Each country is colored based on the difference in imports they receive from Kazakhstan and Denmark or the difference in the growth in imports.

In 2022, countries that imported more from Kazakhstan than Denmark included Italy ($12.4B), Russia ($8.78B), and China ($13.4B).

In 2022, countries that imported more from Denmark than Kazakhstan included Germany ($18.9B), Sweden ($11.6B), and United States ($13.1B).

Difference in imports from Denmark () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Kazakhstan and Denmark by product, considering products traded by both, Kazakhstan and Denmark.

During 2022, Kazakhstan had a large net trade with Denmark in the exports of Chemical Products ($11M), Mineral Products ($10.7M), and Animal Products ($5.84M).

During 2017, Denmark had a large net trade with Kazakhstan in the exports of Chemical Products ($29.2M), Machines ($21.7M), and Instruments ($7.52M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Denmark+$10.6MRefined Petroleum

Top Product Potential Denmark Kazakhstan+$16MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Kazakhstan and Denmark. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Kazakhstan.

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Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Denmark () (2022)

Exports from Denmark () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Denmark ()

Kazakhstan Exports

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Kazakhstan () (2022)

Comparative Advantage Kazakhstan - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Denmark () (2022)

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