2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Kazakhstan-Italy Trade: In 2022, Kazakhstan exported $12.4B to Italy. The main products that Kazakhstan exported to Italy were Crude Petroleum ($11.6B), Ferroalloys ($163M), and Refined Copper ($158M). Over the past 5 years the exports of Kazakhstan to Italy have increased at an annualized rate of 7.11%, from $8.83B in 2017 to $12.4B in 2022.

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

Italy-Kazakhstan Trade: In 2022, Italy exported $857M to Kazakhstan. The main products that Italy exported to Kazakhstan were Air Pumps ($78.8M), Valves ($62.4M), and Other Furniture ($27.4M). Over the past 5 years the exports of Italy to Kazakhstan have increased at an annualized rate of 2.81%,  from $746M in 2017 to $857M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $12.4B to Italy. The main products exported from Kazakhstan to Italy were Crude Petroleum ($11.6B), Ferroalloys ($163M), and Refined Copper ($158M). During the last 5 years the exports of Kazakhstan to Italy have increased at an annualized rate of 7.11%, from $8.83B in 2017 to $12.4B in 2022.

In 2017, Italy exported $857M to Kazakhstan. The main products exported from Italy to Kazakhstan were Air Pumps ($78.8M), Valves ($62.4M), and Other Furniture ($27.4M). During the last 5 years the exports of Italy to Kazakhstan have increased at an annualized rate of 2.81%, from $746M in 2022 to $857M in 2017.

Exports from Kazakhstan (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Kazakhstan (Flag) (2022)

Latest Data

Trade between Kazakhstan (Flag) and Italy (Flag)

Kazakhstan Exports

Italy Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Italy
Top Destination
Germany$78.5B

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

In 2022, countries that imported more from Kazakhstan than Italy included Uzbekistan ($3.68B), Russia ($8.78B), and Afghanistan ($979M).

In 2022, countries that imported more from Italy than Kazakhstan included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Kazakhstan (Flag) (2022)

Comparative Advantage Kazakhstan - Italy

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Italy in the exports of Mineral Products ($11.7B), Metals ($506M), and Precious Metals ($126M).

During 2017, Italy had a large net trade with Kazakhstan in the exports of Machines ($410M), Chemical Products ($74.2M), and Metals ($67.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Italy+$110MGold
Top Product Potential Italy Kazakhstan+$30.8MPackaged 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

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

Product Space of Kazakhstan (Flag) and Italy (Flag) (2022)

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