2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Portugal-Kazakhstan Trade: In 2022, Portugal exported $19.9M to Kazakhstan. The main products that Portugal exported to Kazakhstan were Packaged Medicaments ($2.5M), Tool Plates ($1.93M), and Valves ($1.16M). Over the past 5 years the exports of Portugal to Kazakhstan have increased at an annualized rate of 4.67%, from $15.8M in 2017 to $19.9M in 2022.

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

Kazakhstan-Portugal Trade: In 2022, Kazakhstan exported $141k to Portugal. The main products that Kazakhstan exported to Portugal were Plywood ($33.7k), Cars ($30k), and Other Electrical Machinery ($8.85k). Over the past 5 years the exports of Kazakhstan to Portugal have decreased at an annualized rate of 81.1%,  from $584M in 2017 to $141k in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $19.9M to Kazakhstan. The main products exported from Portugal to Kazakhstan were Packaged Medicaments ($2.5M), Tool Plates ($1.93M), and Valves ($1.16M). During the last 5 years the exports of Portugal to Kazakhstan have increased at an annualized rate of 4.67%, from $15.8M in 2017 to $19.9M in 2022.

In 2017, Kazakhstan exported $141k to Portugal. The main products exported from Kazakhstan to Portugal were Plywood ($33.7k), Cars ($30k), and Other Electrical Machinery ($8.85k). During the last 5 years the exports of Kazakhstan to Portugal have decreased at an annualized rate of 81.1%, from $584M in 2022 to $141k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Portugal than Kazakhstan included Spain ($20.5B), Germany ($8.76B), and France ($9.49B).

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

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

Comparative Advantage Portugal - Kazakhstan

Flow
Scale

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

During 2022, Portugal had a large net trade with Kazakhstan in the exports of Machines ($5.14M), Chemical Products ($2.92M), and Textiles ($2.88M).

During 2017, Kazakhstan had a large net trade with Portugal in the exports of Wood Products ($35.2k), Transportation ($32.2k), and Machines ($19.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Kazakhstan+$3.32MPackaged Medicaments
Top Product Potential Kazakhstan Portugal+$233kCars

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

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

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