Kazakhstan (KAZ) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Kazakhstan-Thailand Trade: In 2022, Kazakhstan exported $68.5M to Thailand. The main products that Kazakhstan exported to Thailand were Crude Petroleum ($35.2M), Gold ($27.1M), and Ferroalloys ($1.84M). Over the past 5 years the exports of Kazakhstan to Thailand have increased at an annualized rate of 10.4%, from $41.7M in 2017 to $68.5M in 2022.

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

Thailand-Kazakhstan Trade: In 2022, Thailand exported $225M to Kazakhstan. The main products that Thailand exported to Kazakhstan were Cars ($69.4M), Delivery Trucks ($67.5M), and Large Construction Vehicles ($12.5M). Over the past 5 years the exports of Thailand to Kazakhstan have increased at an annualized rate of 18.5%, from $96.2M in 2017 to $225M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kazakhstan exported $68.5M to Thailand. The main products exported from Kazakhstan to Thailand were Crude Petroleum ($35.2M), Gold ($27.1M), and Ferroalloys ($1.84M). During the last 5 years the exports of Kazakhstan to Thailand have increased at an annualized rate of 10.4%, from $41.7M in 2017 to $68.5M in 2022.

In 2017, Thailand exported $225M to Kazakhstan. The main products exported from Thailand to Kazakhstan were Cars ($69.4M), Delivery Trucks ($67.5M), and Large Construction Vehicles ($12.5M). During the last 5 years the exports of Thailand to Kazakhstan have increased at an annualized rate of 18.5%, from $96.2M in 2022 to $225M in 2017.

Exports from Kazakhstan () to Thailand () (2022)

Exports from Thailand () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Thailand ()

Kazakhstan Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Kazakhstan than Thailand included Italy ($12.4B), Russia ($8.78B), and Uzbekistan ($3.68B).

In 2022, countries that imported more from Thailand than Kazakhstan included United States ($53.4B), Japan ($24.6B), and China ($35.3B).

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

Comparative Advantage Kazakhstan - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Thailand in the exports of Mineral Products ($36.2M), Precious Metals ($27.1M), and Chemical Products ($2.91M).

During 2017, Thailand had a large net trade with Kazakhstan in the exports of Transportation ($138M), Machines ($38.4M), and Plastics and Rubbers ($16.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Thailand+$93.4MCrude Petroleum

Top Product Potential Thailand Kazakhstan+$33.4MCars

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 Thailand. This means that a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Thailand. Similarly, a dot/product with the flag of Thailand indicates it has a comparative advantage over Kazakhstan.

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Thailand () (2022)

Exports from Thailand () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Thailand ()

Kazakhstan Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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