Kazakhstan (KAZ) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

About

Kazakhstan-Vietnam Trade: In 2022, Kazakhstan exported $129M to Vietnam. The main products that Kazakhstan exported to Vietnam were Raw Lead ($56.3M), Raw Zinc ($43.7M), and Hot-Rolled Iron ($22.4M). Over the past 5 years the exports of Kazakhstan to Vietnam have decreased at an annualized rate of 15.1%, from $292M in 2017 to $129M in 2022.

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

Vietnam-Kazakhstan Trade: In 2022, Vietnam exported $424M to Kazakhstan. The main products that Vietnam exported to Kazakhstan were Broadcasting Equipment ($262M), Machinery Having Individual Functions ($24.4M), and Computers ($17.6M). Over the past 5 years the exports of Vietnam to Kazakhstan have increased at an annualized rate of 10.6%, from $256M in 2017 to $424M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kazakhstan exported $129M to Vietnam. The main products exported from Kazakhstan to Vietnam were Raw Lead ($56.3M), Raw Zinc ($43.7M), and Hot-Rolled Iron ($22.4M). During the last 5 years the exports of Kazakhstan to Vietnam have decreased at an annualized rate of 15.1%, from $292M in 2017 to $129M in 2022.

In 2017, Vietnam exported $424M to Kazakhstan. The main products exported from Vietnam to Kazakhstan were Broadcasting Equipment ($262M), Machinery Having Individual Functions ($24.4M), and Computers ($17.6M). During the last 5 years the exports of Vietnam to Kazakhstan have increased at an annualized rate of 10.6%, from $256M in 2022 to $424M in 2017.

Exports from Kazakhstan () to Vietnam () (2022)

Exports from Vietnam () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Vietnam ()

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Vietnam
Top DestinationUnited States$117B

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

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

In 2022, countries that imported more from Vietnam than Kazakhstan included United States ($117B), China ($58.7B), and Japan ($25B).

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

Comparative Advantage Kazakhstan - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Vietnam in the exports of Metals ($124M), Mineral Products ($2.74M), and Foodstuffs ($1.13M).

During 2017, Vietnam had a large net trade with Kazakhstan in the exports of Machines ($366M), Foodstuffs ($10.5M), and Vegetable Products ($10M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Vietnam+$16.4MHot-Rolled Iron

Top Product Potential Vietnam Kazakhstan+$118MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Vietnam () (2022)

Exports from Vietnam () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Vietnam ()

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Vietnam

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring